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$525,000

Beds
3
Baths
2.5
sq ft
2,248

517 Reinicke St, Houston, TX 77007

517 Reinicke St

Houston, TX 77007

  • 1 day on market
Welcome to this exceptional Townhome in Rice Military with abundant natural light, high-end architecture, and two private outdoor spaces. Designed by architect Bill Anderson, this home boasts recent upgrades including HVAC, Water Heater, and Roof. The open living layout offers ample storage, a walk-in primary closet, and a well-designed floorplan. Located outside the flood zone, this well-maintained property is awaiting its new owner!

Details

Property type

Single Family Residence

Est. home value

$517,323

Lot size

2,570 sq ft

Price per sq ft

$234

Year built

2001

Annual property taxes

$11,196

Price History

03/25/2025
Houston

Houston #88933644

Listed
$525,000
12/17/2021
Houston

Houston #59054960

Removed

Schools & Community

Neighborhood: 

Washington Avenue Coalition - Memorial Park

Elementary school: 

MEMORIAL ELEMENTARY SCHOOL (HOUSTON)

Middle school: 

HOGG MIDDLE SCHOOL (HOUSTON)

High school: 

LAMAR HIGH SCHOOL (HOUSTON)

School district: 

Houston

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$105,820
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$377,180
Cash to seller
$105,820

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

December 2021

Original loan amount

$405,000

Est. remaining balance

$377,180

Interest rate

3.14%

Loan type

New Conventional, 30 year

Seller

Jordan Frederiksen and Lars Frederiksen

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/27/2025 at 8:40 AM

Listing updated: 03/26/2025 at 4:06 AM

Listed by: William Fisher, Wyebrook Realty, LLC Phone #: (713) 388-6459

MLS: Houston #88933644

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