414 E. 40th 1/2 Street, Houston, Texas 77018

$184,900

Paige Martin

713-425-4194

pmartin@houstonproperties.com

Real Estate Broker

Real Broker, LLC

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About 414 E. 40th 1/2 Street

TWO FULLY REPLATTED LOTS, CLEARED AND READY FOR DEVELOPMENT! This prime investment opportunity is located in the rapidly growing Independence Heights area. Together, the lots offer approximately 5,034 sq. ft., with each individual lot providing approximately 2,517 sq. ft. Purchase both lots for $184,900 or buy individually for $92,450 each. Conveniently located just minutes from Loop 610 and only 15 minutes from Downtown Houston, this property is surrounded by new construction and ongoing redevelopment, making it an excellent opportunity for builders, developers, and investors. Whether you're planning a custom home or your next investment project, these shovel-ready lots offer outstanding value in one of Houston's fastest-growing neighborhoods. Don't miss your chance to build in this thriving community!

Highlights

414 E. 40th 1/2 Street

$184,900

Lots

Houston 77018

4,900 Lot Sq Ft

General Description

Listing Price $184,900
City Houston
Zip Code 77018
Subdivision Magnolia Villas
Listing Status Active
Baths 0 Full Bath(s)
Lot Size 4,900 / Survey
MLS # 98021672 (HAR)
Days on Market 1 days
Total Days on Market 1 days
List Price / Sq Ft $36.94
Address 414 E. 40th 1/2 Street
State Texas
County Harris
Property Type Lots
Bedrooms 0
Garage 0
Area 9

Taxes & Fees

Tax ID

062-054-021-0006

Tax Rate

2.1252%

Taxes w/o Exemption/Yr

$2,153 / 2025

Maint Fee

No

Click here to read more about taxes & exemptions

Interior Features

Fireplace

No

Dishwasher

No

Range

No

Disposal

No

Microwave

No

Loft

No

Exterior Features

Water Sewer

Public Sewer

Private Pool

No

Area Pool

No

Lot Description

0 Up To 1/4 Acre, Build Line Restricted, Cleared, Subdivision

New Construction

No

Listing Firm

Cornerstone Real Estate Alliance, LLC

Schools

Name Grade Great School Ranking
Kennedy Elem (Houston) Elementary 7 of 10
Williams Middle Middle 3 of 10
Washington High High 3 of 10
Read more about Houston's Top Schools

School information is generated by the most current available data we have. However, as school boundary maps can change, and schools can get too crowded (whereby students zoned to a school may not be able to attend in a given year if they are not registered in time), you need to independently verify and confirm enrollment and all related information directly with the school.

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Paige Martin, Broker Associate, Real Broker, LLC 5718 Westheimer, Ste 1000, Houston, TX 77057

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Disclaimer

Statistics and data is from the most recent available period, as of the time of this writing. No representations or warranties, either expressed or implied, are made to the accuracy of the information herein, or with respect to suitability, usability, feasibility, merchantability or condition of any property described herein. There is no official relationship between this website, the owner, or lessee/real estate agent and any properties described on this website (including, but not limited to owners, management companies, HOAs or associations) or visa versa. Data is presented for informational purposes only and does not represent a listing of a building, property or entity. All dimensions are approximate