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Owner Contacts

$395,230

NAL Estimated Property Value

304 Reinicke St, Houston, TX, 77007

Off Market

2 Beds

3 Bath

1,343 Sq Ft

Single Family Residence

$2.06 / sqft

Built in 1986

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dryer, Washer/Dryer Stacked, Washer, Dishwasher, Refrigerator

FlooringVinyl

Exterior

Lot Size2,566 sqft

Building Information

Year Built1986

Stories2

Garage Spaces2

Land Information

APN0511080120015

SubdivisionDetering H E

Land UseResidential

Legal DescriptionTRS 13C & 14C BLK 12 DETERING H E

Census Tract510801

Assessed Land Value$240,588

Assessed Improvement Value$154,642

Assessment Year2025

About this property

**LANDLORD HAS RECEIVED MULTIPLE APPLICATIONS**. Warm contemporary home on a desirable block in Rice Military area has first floor living, two bedrooms upstairs plus a half bath downstairs. Beautifully remodeled bathrooms and bedrooms have lots of natural light. The tastefully updated kitchen features quartz counters, stainless steel appliances and beverage cooler. Living room has cozy electric fireplace for added ambiance! Enjoy the private back patio and fenced and sprinklered backyard. Two car garage plus driveway parking! Generous closets! Close proximity to Memorial Park trails, golf, tennis, fitness center, sports fields, playgrounds and many restaurants! All info per Landlord.

Investor Tools

$395,230

Estimated Property Value

$8,169Estimated Mortgage Balance

$387,061Estimated Equity

97% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,371 /month

Positive

Cash Flow Estimate:

$790 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$631/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,602

$395,230

2025

$240,588

$154,642

$395,230

Tax History

Year

Tax Paid

Assessed Value

2024

$5,602

$395,230

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Norwest Mtg

N/A

$105,300

N/A

First

Apr 28, 1997

May 2027

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$8,169

$387,061

97%

$773/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

$773/mo

+$1,187/mo

6.0%

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