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$662,000

NAL Estimated Property Value

608 Reinicke St, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,612 Sq Ft
price_per_sqft$279.48 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,838 sqft

Building Information

Year Built2016
Garage Spaces1

Land Information

APN1248140020001
Lot Number1
Land UseResidential
Legal DescriptionLT 1 BLK 1 TOURELLE TRACT 1 R/P
Census Tract510801
Assessed Land Value$221,634
Assessed Improvement Value$430,624
Assessment Year2025

About this property

Step into your oasis at 608 Reinicke St, nestled in Rice Military's most sought-after enclave. With its 3 bedrooms and 3.1 bathrooms, this recently constructed home wraps you in elegance while keeping city life conveniently at your fingertips. Privacy? Guaranteed, with your own gated yard and separate driveway. Imagine welcoming guests or setting up your dream home office in the first-floor ensuite bedroom, complete with patio access. Move upwards to discover the sunlit core of your home, featuring an open-plan living area with sky-high ceilings and a kitchen decked out in sleek quartz. The balcony awaits for quiet morning coffees or lively evening get-togethers. Your comfort peaks on the third floor, housing a lavish primary suite and an additional ensuite bedroom for absolute rest and privacy. Crown it all with a rooftop terrace that gifts you stunning sunsets and nights under the stars. Welcome home to 608 Reinicke St – your new, upscale sanctuary.

Investor Tools

Property Icon
$662,000
Estimated Property Value
$565,970Estimated Mortgage Balance
$96,030Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,380 /month
Positive
Cash Flow Estimate:
$1,460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,162/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,632
$652,258
2025
$221,634
$430,624
$652,258
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,632
$652,258

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending
Conventional
$582,400
No
First
Oct 10, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$565,970
$118,030
17%
85%
$3,492/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,492/mo
$-912/mo
4.7%

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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608 Reinicke St | Property Details | No Agent List