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Owner Contacts

$126,391

NAL Estimated Property Value

8055 Cambridge Street 22B, Houston, TX, 77054

Off Market

2 Beds

2 Bath

888 Sq Ft

Condos / Townhouses

$135.02 / sqft

Built in 1984

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

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

FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesBalcony, Courtyard

Building Information

Year Built1984

Land Information

APN1155900020010

SubdivisionCambridge Court Condo Ph 1

Land UseResidential

Legal DescriptionUNIT 22 BLDG B .0960 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

Nestled in Houston's Medical Center, this upper flat boasts 2 spacious bedrooms with walk-in closets and 2 full baths. Offering privacy with bedrooms on opposite sides, the property features a large living area with high ceilings, fireplace, and updated flooring. Enjoy a dining area, updated kitchen with corner sink, ample counter space, and an updated utility area with storage underneath. Step out onto the patio with an outdoor storage room, covered parking, and access to community pools. Conveniently located near downtown, the Galleria, Hermann Park, and Medical Center shuttles just outside the gate. Perfect for biking to work!

Investor Tools

$126,391

Estimated Property Value

$80,134Estimated Mortgage Balance

$46,257Estimated Equity

36% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$758 /month

Positive

Cash Flow Estimate:

$253 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$270/month

$521/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

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

Security National Mortgage Co

Conventional

$88,425

First

Jul 2, 2021

Aug 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$80,134

$46,257

36%

63%

$531/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,670/mo

$1,052/mo

+$618/mo

15.9%

Learn About the Market: Opportunity in Houston

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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.

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