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$482,186

NAL Estimated Property Value

713 Reinerman St, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,300 Sq Ft
price_per_sqft$206.52 / sqft
Year BuiltBuilt in 2002

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
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Lot Size1,512 sqft

Building Information

Year Built2002
Garage Spaces1

Land Information

APN1226040010013
Lot Number13
Land UseResidential
Legal DescriptionLT 13 BLK 1 MILLENNIUM HMS ON REINERMAN ST
Census Tract510801
Assessed Land Value$201,096
Assessed Improvement Value$281,090
Assessment Year2025

About this property

Welcome to 713 Reinerman St! Located in Rice Military area and just a few blocks away from a neighborhood playground (Nellie Keyes Park), Memorial Park, and restaurants on Washington Avenue. Easy accessibility to major highways like I-10 and 59 and close to The Texas Medical Center, The Galleria and Downtown. This 3 bedroom, 3.5 bath home is impeccably maintained and consists a huge open concept floor plan for the kitchen, dining area and den. The kitchen also features beautiful glass cabinets with plenty of storage! Bedrooms have a fantastic layout and the Primary bedroom has separate closets w/ built ins. Enjoy the huge outdoor 2nd floor patio deck w/ built-in seating! Perfect for entertaining with a staircase to the back yard! Updates throughout the home include: Refinished 2nd floor hardwoods (2023), Home freshly repainted (2023), Kitchen cabinets refinished (2023), New water heater (2022), HVAC units replaced (2016 and 2019). NO FLOODING! An absolute Must See!!

Investor Tools

Property Icon
$482,186
Estimated Property Value
$395,005Estimated Mortgage Balance
$87,181Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,893 /month
Positive
Cash Flow Estimate:
$964 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$948/month
$5/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,967
$482,186
2025
$201,096
$281,090
$482,186
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,967
$482,186

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Encompass Lending Group Lp
Conventional
$418,000
No
First
May 3, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$395,005
$87,181
18%
82%
$2,507/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,512/mo
+$68/mo
6.4%

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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