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Owner Contacts

$156,197

NAL Estimated Property Value

8299 Cambridge St Apt 803, Houston, TX, 77054

Off Market

2 Beds

3 Bath

1,302 Sq Ft

Condos / Townhouses

$107.45 / sqft

Built in 1981

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer

FlooringTile, Wood

Building Information

Year Built1981

Stories2

Land Information

APN1148630080003

SubdivisionSherbrooke Square T/H Condo 2

Land UseResidential

Legal DescriptionUNIT 803 BLDG H .01299 INT COMMON LAND & ELE SHERBROOKE SQUARE T/H CONDO 2

Census Tract314005

Assessed Land Value$29,677

Assessed Improvement Value$126,520

Assessment Year2025

About this property

Newly updated gorgeous corner unit features: 2 bedrooms, 2 & 1/2 bathrooms. 1st level offers den/office space, spacious living area with wood-burning fireplace. Tile flooring throughout. Kitchen with granite countertop and ample cabinets. Kitchen opens to living and dining area. Sliding doors to private patio area. 2nd level offers primary bedroom with vaulted ceiling, wood flooring & built-ins, primary walk-in closet, and primary bathroom with tub & shower. Guest bedroom with vaulted ceiling & wood flooring. Unit is close to the pool area and mailbox. Gated community. Easy commute to the Medical Center, shopping, and all restaurants. Minutes to the light rail.

Investor Tools

$156,197

Estimated Property Value

$0Estimated Mortgage Balance

$156,197Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$937 /month

Positive

Cash Flow Estimate:

$312 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$342/month

$477/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,326

$156,197

2025

$29,677

$126,520

$156,197

Tax History

Year

Tax Paid

Assessed Value

2024

$3,326

$156,197

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$156,197

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,670/mo

$477/mo

+$1,193/mo

12.8%

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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