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$114,774

NAL Estimated Property Value

8055 Cambridge St Apt 15, Houston, TX, 77054

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths776 Sq Ft
price_per_sqft$141.75 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Gas Oven, Trash Compactor, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Tile

Building Information

Year Built1984

Land Information

APN1155900030005
SubdivisionCambridge Court Condo Ph 1
Land UseResidential
Legal DescriptionUNIT 15 BLDG C 0.837 INT COMMON LAND & ELE CAMBRIDGE COURT CONDO PH 1
Census Tract314001
Assessed Land Value$21,807
Assessed Improvement Value$92,967
Assessment Year2025

About this property

Welcome to this beautifully maintained and fully furnished condo — the perfect blend of comfort, convenience, and opportunity! Located in a secure gated community just minutes from the Texas Medical Center and Hermann Park, this home offers a lifestyle of ease and accessibility. Inside, you’ll find an inviting open layout with modern updates, and a spacious patio ideal for morning coffee or evening relaxation. Furniture will remain, so you can move right in and start enjoying it from day one. This condo has also been a successful Airbnb, making it a fantastic choice for those seeking a home with built-in investment potential. The HOA covers exterior maintenance, roofing, water, and plumbing for true low-maintenance living. A rare opportunity to own a turnkey property in one of Houston’s most convenient locations. Schedule your showing today!

Investor Tools

Property Icon
$114,774
Estimated Property Value
$0Estimated Mortgage Balance
$114,774Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$689 /month
Positive
Cash Flow Estimate:
$230 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$245/month
$455/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,367
$114,774
2025
$21,807
$92,967
$114,774
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,367
$114,774

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$114,774
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
$455/mo
+$1,215/mo
17.5%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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8055 Cambridge St Apt 15 | Property Details | No Agent List