Street View

1view

Owner Contacts

$128,370

NAL Estimated Property Value

8299 Cambridge St Apt 902, Houston, TX, 77054

Off Market

2 Beds

2 Bath

988 Sq Ft

Condos / Townhouses

$1.52 / sqft

Built in 1981

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal

Building Information

Year Built1981

Stories2

Garage Spaces1

Land Information

APN1148630090002

SubdivisionSherbrooke Square T/H Condo 2

Land UseResidential

Legal DescriptionUNIT 902 BLDG I .01112 INT COMMON LAND & ELE SHERBROOKE SQUARE T/H CONDO 2

Census Tract314005

Assessed Land Value$24,390

Assessed Improvement Value$103,980

Assessment Year2025

About this property

Discover comfort and convenience in this beautifully maintained, move-in ready 2-story condo for lease in the heart of the Texas Medical Center area! This home offers 2 bedrooms and 1.5 baths with a bright, open living area flowing into a well-equipped kitchen and dining space. Upstairs bedrooms provide privacy and relaxation after a long day. Enjoy unbeatable access to major hospitals, Rice University, the VA, NRG Stadium, and the Museum District. Commuting is effortless with Highway 288, Loop 610, and Main Street just minutes away. The gated community features a sparkling pool, assigned parking, and beautifully maintained grounds in a secure, welcoming environment. Water and HOA fees are included, adding extra value and peace of mind. Don’t miss this opportunity—schedule your private tour today and make 8299 Cambridge Street #902 your new home!

Investor Tools

$128,370

Estimated Property Value

$93,611Estimated Mortgage Balance

$34,759Estimated Equity

27% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$770 /month

Positive

Cash Flow Estimate:

$257 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$164/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,322

$128,370

2025

$24,390

$103,980

$128,370

Tax History

Year

Tax Paid

Assessed Value

2024

$1,322

$128,370

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cadence Bank Na

Conventional

$110,000

First

Dec 14, 2018

Jan 2049

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$93,611

$34,759

27%

73%

$660/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,670/mo

$660/mo

+$1,010/mo

15.6%

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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