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Street View

$424,000

NAL Estimated Property Value

218 E 37th St, Houston, TX, 77018

Off MarketInfo
Baths0 Bath

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size2,570 sqft

Land Information

APN0512180000169
Lot Number162
Land UseResidential Single Family
Legal DescriptionLT 162 SABAYRACS
Census Tract530300
Assessed Land Value$72,016
Assessment Year2025

About this property

Prime opportunity to own land in the rapidly developing Independence Heights area of Houston! This residential lot offers approximately 2,572 sq. ft. (0.059 acres) and is ideal for new construction or investment. Conveniently located in Northwest Houston with easy access to major highways, Downtown Houston, The Heights, shopping, grocery stores, and dining options. Independence Heights continues to experience strong growth and revitalization, making this a great location for builders, investors, or future homeowners looking to customize a property. The lot is not part of a master-planned community, providing flexibility for design and development. Whether you’re looking to build your dream home or add to your investment portfolio, this property presents excellent potential. Buyer to verify all building requirements, restrictions, and utilities independently. Don’t miss this chance to secure a lot in a desirable and fast-growing Houston community!

Investor Tools

Property Icon
$424,000
Estimated Property Value
$0Estimated Mortgage Balance
$424,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,544 /month
Positive
Cash Flow Estimate:
$848 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$302/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,507
$72,016
2025
$72,016
N/A
$72,016
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,507
$72,016

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$177,000
100%
0%
$0/mo

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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218 E 37th St | Property Details | No Agent List