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Owner Contacts

$279,132

7447 Cambridge Street 94, Houston, TX, 77054

Off Market

2 Beds

3 Bath

1,433 Sq Ft

Condos / Townhouses

$202.37 / sqft

Built in 1980

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer

FlooringCarpet, Tile, Wood

Building Information

Year Built1980

Stories2

Garage Spaces2

Land Information

APN1147400010094

SubdivisionCity Place

Land UseResidential

Legal DescriptionUNIT 94 CITY PLACE SEC 1

Census Tract314001

Assessed Land Value$80,000

Assessed Improvement Value$199,132

Assessment Year2025

About this property

WELCOME HOME to CAMBRIDGE STREET. This townhome was completely renovated to the studs, Everything Brand New in 2019 & Never Flooded. The homeowners added on a complete secondary bedroom & bathroom upstairs. The kitchen is a beautiful white & bright kitchen, w/a pantry, stainless steel appliances, farmhouse sink, under cabinet lighting & the refrigerator will stay w/the home. This home offers an open concept on the main floor including the beautiful sliding doors opening into the back courtyard. Upstairs has the master bedroom & secondary bedroom, both very large rooms. The master bathroom has double vanities, w/a walk-in shower. Just outside of the secondary bedroom you will find the additional bathroom complete w/a vanity & tub/shower combo. Cambridge St is steps away from the Metro Rail system, across from UT Dental School & Baylor Med Center, blocks from the Medical Center & very close to NRG Stadium. You will also find a pool, & two racquet ball courts in this complex.

Investor Tools

$279,132

Estimated Property Value

$0Estimated Mortgage Balance

$78,242Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,740 /month

Positive

Cash Flow Estimate:

$580 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$628/month

$490/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,145

$279,132

2025

$80,000

$199,132

$279,132

Tax History

Year

Tax Paid

Assessed Value

2024

$6,145

$279,132

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$215,200

First

Oct 27, 2022

Nov 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$200,890

$78,242

28%

72%

$1,291/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,400/mo

$1,781/mo

$-381/mo

6.0%

Learn About the Market: Opportunity in Houston

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