313 Cambridge Drive Saginaw, TX 76179
MULTI_FAMILY - Saginaw, TX
Property Features for 313 Cambridge Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 8
- Rooms
- Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 5, Bathroom 7, Bedroom 8, Bedroom 7, Bathroom 8, Bathroom 2, Bedroom 4, Bedroom 5, Bedroom 3, Bathroom 6, Bedroom 1, Bathroom 3, Bathroom 4
- Parking
- 8
- Parking features
- Parking Lot
- Interior features
- HighSpeedInternet, CableTv
- Fireplace
- 1
- Appliances
- Dishwasher, ElectricOven, ElectricRange, Disposal, Refrigerator
- Standard status
- Active
- APN
- 04876946
- Lot size
- 0.33 Acres
Taxes and HOA fees
- Tax Description
- CAMBRIDGE ESTATES, THE BLOCK 1 LOT 13 BLK 1 L
- Tax Annual Amount
- 12537
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1982
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Carpet
- Building materials
- Brick
- Roof type
- Composition
Listing agent Sarah Thornton (469) 208-7619
Listing office Redfin Corporation Dallas, TX (972) 954-4791
Listing date Jul 10, 2026
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located in Saginaw with convenient access to major commuter routes including I-35W and Loop 820, and it sits near retail, restaurants, employment centers, and other daily amenities.
The seller has maintained the property consistently and completed numerous capital improvements. Updates include multiple newer water heaters and HVAC systems, as well as roofs that are all less than 6 years old, helping reduce near-term maintenance considerations. The seller also prefers to sell Building 313 together with Buildings 221, 321, and 405 for buyers looking to acquire multiple adjacent assets.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.1k | $27.84 |
| − Vacancy | −$3.0k | −$2.83 |
| EGI | $26.1k | $25.01 |
| − OpEx | −$7.8k | −$7.50 |
| NOI | $18.3k | $17.51 |
