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B+

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Owner Contacts

$728,600

411 Reinicke Street A, Houston, TX, 77007

Off Market

3 Beds

4 Bath

2,401 Sq Ft

Single Family Residence

$321.53 / sqft

Built in 2003

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Convection Oven, Double Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer

FlooringStone, Tile, Wood

Exterior

Private Pool

Exterior FeaturesBalcony

Lot Size2,500 sqft

Building Information

Year Built2003

Garage Spaces1

Land Information

APN1241460010001

Lot Number1

Land UseResidential

Legal DescriptionLT 1 BLK 1 WATERHILL VILLAS ON REINICKE

Census Tract510801

Assessed Land Value$237,500

Assessed Improvement Value$491,100

Assessment Year2025

About this property

This exquisite 3 bed/3.5 bath home is nestled on a serene street in Rice Military that offers a backyard paradise with a private pool/hot tub. The open-plan 2nd floor boasts a stunning kitchen, dining, & living area perfect for entertaining. Inside, indulge in designer details like the quartz waterfall island kitchen boasting Dacor appliances, built-in fridge/freezer, & a chic wet bar. Retreat to the primary suite's balcony overlooking the lush back yard. The large primary suite is big enough for seating area, & the bathroom is complete with a luxurious jacuzzi tub, freestanding shower, & double vanities. Enjoy Plantation shutters, recessed speakers throughout, gated entry, LED lighting, storm shutters (3rd story balcony), kitchen appliances connected via the Kasa Smart app, WIFI light switches, & a spacious double-wide driveway. Backyard fence replaced (2024), recent ACs. Just minutes from Memorial Park & Buffalo Bayou Trail. Don't miss out!

Investor Tools

$728,600

Estimated Property Value

$0Estimated Mortgage Balance

$615,349Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,632 /month

Positive

Cash Flow Estimate:

$1,544 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,071/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,211

$728,600

2025

$237,500

$491,100

$728,600

Tax History

Year

Tax Paid

Assessed Value

2024

$9,211

$728,600

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Certified Funding Lp

Stand Alone Second / Subordinate Position

$117,472

First

May 30, 2024

Jun 2039

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$113,251

$615,349

84%

16%

$705/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

$705/mo

+$1,255/mo

3.2%

Learn About the Market: Opportunity in Houston

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