B+

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Owner Contacts

$521,757

NAL Estimated Property Value

404 Reinerman St, Houston, TX, 77007

Off Market

3 Beds

4 Bath

2,199 Sq Ft

Condos / Townhouses

$215.96 / sqft

Built in 2003

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher

FlooringTile, Wood

Exterior

Lot Size1,503 sqft

Building Information

Year Built2003

Garage Spaces2

Land Information

APN1213150010002

Lot Number2

SubdivisionFeagan Place

Land UseResidential

Legal DescriptionLT 2 BLK 1 FEAGAN PLACE

Census Tract510801

Assessed Land Value$200,032

Assessed Improvement Value$321,725

Assessment Year2025

About this property

Welcome to your new home in the heart of Houston! This stunning 3 bed, 3.5 bath, 3 story townhome offers you a unique living experience like no other. From its light and airy layout to its open kitchen/living/dining area, this house is perfect for entertaining. Primary retreat on the third floor features a spacious ensuite bath and walk-in closet. Recent updates include a new roof and water heater in 2018 and exterior paint in 2022. You can also enjoy the convenience of being close to all of life's essentials - shopping options and dining spots are just minutes away, as well as easy access to I10, Memorial Drive, West Loop & 59. Plus, you'll love being so close to Memorial Park and Allen Parkway. Don't miss out on this amazing opportunity - schedule a tour today! Never flooded.

Investor Tools

$521,757

Estimated Property Value

$448,004Estimated Mortgage Balance

$73,753Estimated Equity

14% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,131 /month

Positive

Cash Flow Estimate:

$1,044 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$421/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,442

$521,757

2025

$200,032

$321,725

$521,757

Tax History

Year

Tax Paid

Assessed Value

2024

$2,442

$521,757

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cmg Mortgage Inc

$474,900

Yes

First

Apr 24, 2023

May 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$448,004

$75,996

14%

86%

$2,848/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$2,848/mo

$-268/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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