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

$699,900

Paige Martin

713-425-4194

pmartin@houstonproperties.com

Real Estate Broker

Real Broker, LLC

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About 306 E. 40th 1/2 Street

Experience sophisticated urban living & immediate investment viability at 306 East 40th 1/2 Street. This exceptional triplex underwent a meticulous down-to-the-studs renovation in 2024, offering a rare blend of contemporary design & historical charm within the vibrant Independence Heights neighborhood. Each of the three distinct units provides two spacious bedrooms & one bathroom, thoughtfully arranged with an open-concept layout that maximizes light & space. The interiors showcase high-end finishes, including quartz countertops, shaker-style cabinetry, & designer tile work. Modern convenience meets style with stainless steel appliances & luxury vinyl plank flooring throughout every residence. Each home includes an in-unit washer & dryer, ensuring a seamless daily routine. Situated mere moments from the cultural richness of The Heights & the bustling energy of Downtown Houston, this gated property provides effortless access to major thoroughfares like Interstate 610, Interstate 45, & Highway 59. Whether seeking a primary residence with income-generating potential or a turnkey addition to a luxury portfolio, this property delivers unparalleled value. Benefit from proximity to world-class dining, boutique shopping, & major employment hubs while maintaining a sense of privacy & exclusivity. The residence stands as a testament to quality craftsmanship, featuring fully updated systems & premium aesthetic touches that set it apart in the Northwest Houston market. This fully leased property offers consistent revenue with established residency, making it an ideal choice for discerning buyers looking to capitalize on Houston’s growth.

Highlights

306 E. 40th 1/2 Street

$699,900

Multi-Family

2,084 Home Sq Ft

Houston 77018

2 Beds

1 Full Bath

5,005 Lot Sq Ft

General Description

Listing Price $699,900
City Houston
Zip Code 77018
Subdivision Willadale
Listing Status Active
Baths 1 Full Bath(s)
Stories 1
Year Built 1965 / Appraisal District
Lot Size 5,005 / Appraisal District
MLS # 10146220 (HAR)
Days on Market 1 days
Total Days on Market 45 days
List Price / Sq Ft $335.84
Address 306 E. 40th 1/2 Street
State Texas
County Harris
Property Type Multi-Family
Bedrooms 2
Garage 0
Building Sq Ft 2,084
Area 9

Taxes & Fees

Tax ID

062-054-021-0003

Tax Rate

Unknown

Taxes w/o Exemption/Yr

Unknown

Maint Fee

No

Click here to read more about taxes & exemptions

Interior Features

Fireplace

No

Floors

Tile, Vinyl Plank

Heating

Electric

Cooling

Ceiling Fan(s), Electric

Appliances

Disposal, Microwave, Range, Refrigerator

Dishwasher

No

Range

Yes

Disposal

Yes

Microwave

Yes

Energy Feature

Exposure/Shade, HVAC, Thermostat

Loft

No

Exterior Features

Roof

Composition

Exterior Type

Cement Siding

Private Pool

No

Area Pool

Maybe

Lot Description

Subdivision Lot, Walk to Transportation

New Construction

No

Front Door

North

Listing Firm

Nan & Company Properties - Corporate Office (Heights)

Schools

Name Grade Great School Ranking
Burrus Elem Elementary 8 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