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Days33Days on Market
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$1,499,500

$1,548,000

516 Reinerman St, Houston, TX, 77007

On MarketInfo
Price DropInfo
Beds4 Beds
Baths5 Bath
Baths4,111 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$364.75 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Double Oven, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringMarble, Stone, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size2,544 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN1360650010001
Lot Number1
Land UseResidential
Legal DescriptionLT 1 BLK 1 BLOSSOM PLACE PARK
Census Tract510801
Assessed Land Value$239,590
Assessed Improvement Value$890,229
Assessment Year2025

About this property

Welcome to 516 Reinerman St — a home created for the way people truly want to live. Morning sunlight pours across the balconies, evenings end on the rooftop skydeck with skyline views that feel like your own private backdrop. Groceries upstairs are effortless with the elevator, dinner parties flow naturally from the chef’s kitchen into the living space, and the city is always just minutes away — Heights dining, Downtown energy, the Medical Center, airports, and major freeways. Inside, every detail is designed for comfort and elegance — spa-inspired baths, custom lighting, tankless hot water, whole-home audio, and a stone fireplace with the 75” TV already in place. Step outside to a yard ready for pets or a future pool, plus balcony gas connection for weekend grilling. With its corner-lot presence, thoughtful design, and unmatched convenience, this is more than a home — it’s a lifestyle of ease, connection, and elevated city living.

Investor Tools

$0Estimated Mortgage Balance
$1,548,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,288 /month
Positive
Cash Flow Estimate:
$3,096 /month

Interested in this property?

Paige Pourjahan

TADA Realty Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,152/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,079
$1,129,819
2025
$239,590
$890,229
$1,129,819
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$18,079
$1,129,819

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,548,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
N/A
+$3,340/mo
2.6%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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516 Reinerman St | Property Details | No Agent List