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$182,000

NAL Estimated Property Value

7589 Cambridge St # A, Houston, TX, 77054

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,368 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.24 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

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

Building Information

Year Built1983

Land Information

APN1155810020001
SubdivisionMedical Center Th Condo 1amend
Land UseResidential
Legal DescriptionUNIT 7589A BLDG B .00870 INT COMMON LAND & ELE MEDICAL CENTER TH CONDO 1AMEND
Census Tract314001
Assessed Land Value$36,670
Assessed Improvement Value$144,092
Assessment Year2025

About this property

THIS SPACIOUS 2-STORY IS READY TO GO!!! FRESHLYY PAINTED, LAMINATE FLOORS THROUGHOUT, AND THE COVERED PARKING SPACE IS A FEW STEPS FROM THE DOOR. GALLEY KITCHEN WITH UTILITY CLOSET (WASHER AND DRYER PROVIDED). SCHEDULED MANNED GATES, POOL ON PROPERTY. JUST ACROSS CAMBRIDGE FROM THE UT DENTAL SCHOOL AND THE METRO STOP TO BAYLOR AND THE TMC AREA.

Investor Tools

Property Icon
$182,000
Estimated Property Value
$45,217Estimated Mortgage Balance
$136,783Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,092 /month
Positive
Cash Flow Estimate:
$364 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$412/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,038
$180,762
2025
$36,670
$144,092
$180,762
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,038
$180,762

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Countrywide Home Loans Inc
Fannie Mae/Freddie Mac (Phased Out Keying In 2008 Because Fannie Mae Does Not Originate Loans Directly To Borrowers Or Investors. Most "New Conventional" Loans Meet Their General Underwriting Guidelines.)
$100,000
No
First
Jan 26, 2006
Feb 2021

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$45,217
$136,783
75%
25%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
N/A
+$1,670/mo
11.0%

City: Houston

7589 Cambridge St # A | Property Details | No Agent List