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7view

Owner Contacts

$399,893

NAL Estimated Property Value

220 Reinerman St, Houston, TX, 77007

Off Market

2 Beds

3 Bath

1,634 Sq Ft

Condos / Townhouses

$241.74 / sqft

Built in 1980

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave, Dryer, Refrigerator, Washer, Dishwasher, Oven

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesPlayground

Lot Size1,925 sqft

Building Information

Year Built1980

Stories2

Garage Spaces2

Land Information

APN0400340030003

SubdivisionBrownstone Square T/H

Land UseResidential

Legal DescriptionUNIT 12 BROWNSTONE SQUARE T/H ABST 1 J AUSTIN

Census Tract510803

Assessed Land Value$141,483

Assessed Improvement Value$258,410

Assessment Year2025

About this property

Ideally located in Rice Military minutes to Memorial Park/Buffalo Bayou. This beautiful 2 story 2 bedroom + study & 2.5 bath home is a true gem! Step inside to all the sunlit filled living areas with floor to ceiling windows & skylights. Seemless entertaining with a breakfast bar, oversized kitchen, ss appliances & tons of storage. Modern features with hardwood floors, plantation shutters & updated lighting. Upstairs offers an amazing lofty study, a perfect WFH space. The grand primary bedroom has dual closets & an outdoor enclosed patio & an extra sitting area. The secondary bedroom is filled with light & spacious+ 2 closets. Through the double French doors is a private outdoor patio with multiple seating areas, a great space to grill & relax. Just outside your iron back gate is a private serene green space for pets & play, beautifully maintained by the HOA. A unique home & easy access to Downtown, restaurants, hike & bike trails, The Medical Center. Call this stylish home yours!

Investor Tools

$399,893

Estimated Property Value

$308,998Estimated Mortgage Balance

$90,895Estimated Equity

22% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,399 /month

Positive

Cash Flow Estimate:

$800 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$701/month

$140/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,414

$399,893

2025

$141,483

$258,410

$399,893

Tax History

Year

Tax Paid

Assessed Value

2024

$6,414

$399,893

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First Federal Bank

Conventional

$320,000

First

Jun 25, 2024

Jul 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$308,998

$90,895

22%

77%

$1,919/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

$2,059/mo

$-99/mo

5.9%

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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