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$123,737

NAL Estimated Property Value

8299 Cambridge St Apt 1506, Houston, TX, 77054

Recently SoldInfo
9/03/26
Beds1 Beds
Baths2 Bath
Baths924 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.19 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dryer, Refrigerator, Washer, Dishwasher

Building Information

Year Built1983
Stories2

Land Information

APN1148630150006
SubdivisionSherbrooke Square T/H Condo 3
Land UseResidential
Legal DescriptionUNIT 1506 BLDG O .00965 INT COMMON LAND & ELE SHERBROOKE SQUARE T/H CONDO 3
Census Tract314005
Assessed Land Value$23,510
Assessed Improvement Value$100,227
Assessment Year2025

About this property

WELCOME HOME! Charming 2-story, 1-bedroom, 1.5-bath condo in the Sherbrooke Square community is ready for immediate move-in! Home features a spacious upstairs primary bedroom with a walk-in closet and full bath, plus a bonus room that's perfect for a home office or study. The kitchen is equipped with granite countertops, microwave and refrigerator. Cozy garden nook with a rock-paved patio—ideal for enjoying your morning coffee or unwinding after a long day. Washer and dryer adds everyday convenience, while an outdoor storage closet and a detached covered carport provide extra functionality. Water included in the rent! Located just minutes from the Texas Medical Center, UT Dental School, Houston Zoo, NRG Stadium, METRO Rail, bus lines, and an abundance of restaurants, shopping, and entertainment, this home offers exceptional convenience in the heart of Houston. Don't miss this fantastic opportunity—schedule your private showing today before it's gone!

Investor Tools

Property Icon
$123,737
Estimated Property Value
$0Estimated Mortgage Balance
$123,737Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$742 /month
Positive
Cash Flow Estimate:
$247 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$259/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,490
$123,737
2025
$23,510
$100,227
$123,737
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,490
$123,737

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$123,737
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,400/mo
N/A
+$1,400/mo
13.6%

City: Houston

8299 Cambridge St Apt 1506 | Property Details | No Agent List