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Owner Contacts

$728,709

NAL Estimated Property Value

130 Reinerman St, Houston, TX, 77007

Off Market

3 Beds

4 Bath

2,600 Sq Ft

$261.42 / sqft

Built in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Washer/Dryer Stacked, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size1,651 sqft

Building Information

Year Built2020

Garage Spaces2

Land Information

APN1409010010001

Lot Number1

Land UseResidential

Legal DescriptionLT 1 BLK 1 REINERMAN OAKS

Census Tract510803

Assessed Land Value$210,045

Assessed Improvement Value$518,664

Assessment Year2025

About this property

Welcome to Reinerman Terrace! An impeccable collection of new single family freestanding residences built by Farb Homes. Perfectly situated between I-10 and River Oaks, these stunning 3 bedroom/3.5 bath homes are 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! These homes feature spacious floorplans, 3 levels and a stunning 4th floor terrace with sunset views, perfect for entertaining! 1st floor boasts a guest suite/office with access to private terrace and yard that wraps around front. Oversized 2 car garage with epoxy finish. 2nd level offers an open floorplan with 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. 3rd level features guest room and expansive owners retreat!

Investor Tools

$728,709

Estimated Property Value

$536,280Estimated Mortgage Balance

$192,429Estimated Equity

26% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,372 /month

Positive

Cash Flow Estimate:

$1,457 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,205/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,815

$728,709

2025

$210,045

$518,664

$728,709

Tax History

Year

Tax Paid

Assessed Value

2024

$10,815

$728,709

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Loandepot.Com Llc

Conventional

$524,000

First

Aug 27, 2021

Sep 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$536,280

$192,429

26%

74%

$3,535/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$3,535/mo

$-955/mo

4.2%

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