Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View

$750,903

116 Reinerman Street, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,752 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$261.63 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,729 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN1409010010007
Lot Number7
Land UseResidential
Legal DescriptionLT 7 BLK 1 REINERMAN OAKS
Census Tract510803
Assessed Land Value$215,423
Assessed Improvement Value$535,480
Assessment Year2025

About this property

Welcome to Reinerman Terrace, an impeccable collection of nine single family freestanding residences built by Farb Homes. Perfectly situated between I-10 and River Oaks, this stunning 3 bedroom/3.5 bath home is situated on a private drive with lush landscaped entries. Conveniently located in the heart of Rice Military just minutes from downtown, Memorial Park and the Galleria! This home features a spacious floorplan, a stunning 4th floor terrace with unobstructed downtown views, perfect for entertaining! 1st floor boasts a guest suite/office with access to private terrace. Oversized 2 car garage with epoxy finish. 2nd level offers an open floorplan with a spacious gourmet kitchen/living area flowing to a covered balcony. Features include Italian Carrara Marble countertops, 4 inch oak flooring, top-tier appliances, Thermador 6 burner professional grade gas range, dry-bar and built in wine cooler, custom roller shades. The 3rd level features a guest room and expansive owners retreat!

Investor Tools

Property Icon
$750,903
Estimated Property Value
$0Estimated Mortgage Balance
$151,063Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,505 /month
Positive
Cash Flow Estimate:
$1,502 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,244/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,176
$750,903
2025
$215,423
$535,480
$750,903
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,176
$750,903

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$647,201
No
First
Jun 27, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$599,840
$151,063
20%
80%
$3,881/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,881/mo
$-1,301/mo
4.1%

Learn About the Market: Opportunity in Houston

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...