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B+
NoAgentList RatingHow are grades calculated?Info
Days36Days on Market
Views1view
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$460,000

723 Reinerman, Houston, TX, 77007

On MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,137 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$215.26 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

High Equity

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

Exterior

Lot Size1,594 sqft

Building Information

Year Built2003
Garage Spaces1

Land Information

APN1232500010005
Lot Number5
Land UseResidential
Legal DescriptionLT 5 BLK 1 WATERHILL HOMES ON ROSE
Census Tract510801
Assessed Land Value$205,945
Assessed Improvement Value$258,770
Assessment Year2025

About this property

Race on over to Rice Military for this magnificent property. This unique property is truly one-of-a-kind with its open, airy feel and desirable decor. This lovely, three story, three-bedroom home has everything and more for the discerning buyer. Features include hardwood floors in living areas, lots of windows that flood the property with natural light, unique lighting, separate living/dining areas and kitchen with black granite countertops, beautiful light wood cabinets and unique pendant lights. A large master suite includes a lovely tile and granite bath with separate shower and soaking tub. Also includes covered patio with ceiling fans, open, wood deck, central a/c and heat, two car garage, fenced patio, immediate availability. Make a few updates, personalize it, and make it your own! If Rice Military is your destination, then make this beauty your new home!

Investor Tools

$0Estimated Mortgage Balance
$475,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

Interested in this property?

Wojciech Kic

HOUSEforPURCHASE.com, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,031/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,998
$464,715
2025
$205,945
$258,770
$464,715
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,998
$464,715

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$475,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
N/A
+$2,580/mo
6.5%

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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723 Reinerman | Property Details | No Agent List