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$161,585

NAL Estimated Property Value

7575 Cambridge St Apt 2502, Houston, TX, 77054

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,174 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.49 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringLaminate

Exterior

Exterior FeaturesBalcony, Courtyard

Building Information

Year Built1983
Stories2

Land Information

APN1153500250002
SubdivisionFontainebleu Condo Ph 2
Land UseResidential
Legal DescriptionUNIT 2502 BLDG Y .00730 INT COMMON LAND & ELE FONTAINEBLEU CONDO PH 2
Census Tract314001
Assessed Land Value$30,701
Assessed Improvement Value$130,884
Assessment Year2025

About this property

SIMPLY STUNNING!!! 2-STORY CONDOMINIUM WITH 2 SPACIOUS BEDROMS UPSTAIRS. THE PRIMARY BEDROOM HAS A STUDY ALCOVE AND FRENCH DOOR TO THE BALCONY! GREAT GALLEY KITCHEN WITH GRANITE COUNTERTOPS AND DOOR TO THE PATIO WITH STORAGE CLOSET AND THE ASSIGNED/COVERED PARKING SPACE IS #106. STAINLESS APPLIANCES - REFRIGERATOR, OVEN/RANGE AND MICROWAVE PLUS STACKABLE WASHER/DRYER. THE GATED COMMUNITY IS ACROSS CAMBRIDGE FROM THE UT DENTAL SCHOOL AND JUST A SHORT WALK TO THE UT SHUTTLE OR THE METRO BUS #60 STOP TO BAYLOR AND THE TMC AREA!!

Investor Tools

Property Icon
$161,585
Estimated Property Value
$138,610Estimated Mortgage Balance
$22,975Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$970 /month
Positive
Cash Flow Estimate:
$323 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$361/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,527
$161,585
2025
$30,701
$130,884
$161,585
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,527
$161,585

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$148,483
No
First
Oct 24, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$138,610
$22,975
14%
86%
$891/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
$891/mo
+$779/mo
12.4%

City: Houston