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$415,000

2306 Reinerman St, Houston, TX, 77007

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths1,264 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$328.32 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator Included, Gas Oven, Gas Range
FlooringCarpet, Laminate, Wood

Exterior

Lot Size5,750 sqft

Building Information

Year Built1955
Stories1
Garage Spaces2

Land Information

APN0800710000002
Lot Number2
SubdivisionCottage Oaks
Land UseResidential
Legal DescriptionLT 2 BLK 1 COTTAGE OAKS
Census Tract510901
Assessed Land Value$295,625
Assessed Improvement Value$57,780
Assessment Year2025

About this property

Location, Lifestyle and Incredible Potential in the vibrant Cottage Grove area! This property offers a fantastic opportunity for a builder, investor, or traditional buyer. This is a rare opportunity to own a piece of real estate in a prime location with many possibilities.The surrounding area is rapidly growing with beautiful new homes. Whether you're looking to turn make the existing 1955 home your residence or a rental property, a builder looking for a prime building site or someone looking for the perfect location to build a modern home close to the city, this property is ideal. Active, existing utility hookups already onsite saving you infrastructure & setup costs. Convenient access to I-10, close to White Oak Bayou Trail, Memorial Park, & downtown. Buyer must obtain a survey, conduct due diligence and independently verify zoning, dimensions, and development capacity with the city. This is an estate sale. No Seller Disclosures. Home being sold As Is. No HOA restrictions*

Investor Tools

$0Estimated Mortgage Balance
$353,405Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

Interested in this property?

Betsy McKernan

Walzel Properties - The Woodlands

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$157/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$120
$353,405
2025
$295,625
$57,780
$353,405
No

Tax History

Year
Tax Paid
Assessed Value
2024
$120
$353,405

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$353,405
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
N/A
+$1,960/mo
6.7%

Learn About the Market: Opportunity in Houston

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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

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