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$112,500

$127,000

8055 Cambridge St Apt 57, Houston, TX, 77054

On MarketInfo
Price DropInfo
Beds2 Beds
Baths4 Bath
Baths888 Sq Ft
price_per_sqft$126.69 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
FlooringLaminate

Building Information

Year Built1984

Land Information

APN1155900050009
SubdivisionCambridge Court Condo Ph 1
Land UseResidential
Legal DescriptionUNIT 57 BLDG E 0.960 INT COMMON LAND & ELE CAMBRIDGE COURT CONDO PH 1
Census Tract314001
Assessed Land Value$24,014
Assessed Improvement Value$102,377
Assessment Year2025

About this property

Great location - close to Medical Center - Never flooded. A cozy, clean laminated wood flooring throughout the unit with 2 bedrooms/ 2 baths ground unit located in manned gated community. New refrigerator (1/2025). The spacious living room area with a fireplace invites you being home relax and comfort. Each bedroom equipped with their own full bath apart at the two ends. Private patio with storage area. 24 hours security, close to U of H. NRG stadium, UT Health. Commuters have easy access to UT shuttle & Metro Bus to Baylor. This lovely condo is move in ready. SCHEDULE YOUR SHOWING TODAY!!!

Investor Tools

$85,962Estimated Mortgage Balance
$43,038Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$774 /month
Positive
Cash Flow Estimate:
$258 /month

Interested in this property?

Uy-Vu Mui

Texas Signature Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$271/month
$510/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,607
$126,391
2025
$24,014
$102,377
$126,391
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,607
$126,391

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New City Mortgage Llc
Conventional
$95,040
No
First
Jul 13, 2021
Aug 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$85,962
$43,038
33%
67%
$570/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
$1,080/mo
+$590/mo
15.5%

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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