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$556,748

NAL Estimated Property Value

178 Reinicke St, Houston, TX, 77007

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,347 Sq Ft
price_per_sqft$204.09 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Gas Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size2,222 sqft

Building Information

Year Built1998
Stories3
Garage Spaces2

Land Information

APN0741050000012
SubdivisionRice Military Place
Land UseResidential
Legal DescriptionTR 12 RICE MILITARY PLACE
Census Tract510801
Assessed Land Value$234,310
Assessed Improvement Value$322,438
Assessment Year2025

About this property

Tired of the boring cookie cutter homes in the area? Check out this chic, artsy loft style townhome w/ exposed wood truss ceiling, pine plank & concrete flooring, large backyard, private driveway & no HOA! Prime location off Memorial Dr just blocks from Memorial Park in rare section of Rice Military w/wide streets, curbs & sidewalks! 2/2.5 + study, huge windows, open floor plan two-story family room w/ gas fireplace open to the dining area & kitchen. Awesome for entertaining w/ great kitchen featuring exotic granite counters, butcher block island, breakfast bar, commercial grade JennAir stainless oven/vent hood + large 16X8 balcony access. Primary upstairs with pine floors, large walk-in closet, spacious bathroom, jetted soaking tub & separate shower. Huge multi-use room on 1st floor with concrete floors and updated full bath, access to large covered porch and nice turfed backyard w/ no back neighbors! New roof 2024. Near restaurants, shopping, bars & minutes to downtown!

Investor Tools

Property Icon
$556,748
Estimated Property Value
$468,410Estimated Mortgage Balance
$88,338Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,340 /month
Positive
Cash Flow Estimate:
$1,113 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$544/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,745
$556,748
2025
$234,310
$322,438
$556,748
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,745
$556,748

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$470,450
No
First
Feb 13, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$468,410
$88,338
15%
84%
$2,821/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$2,821/mo
$-861/mo
4.2%

City: Houston

178 Reinicke St | Property Details | No Agent List