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$718,000

NAL Estimated Property Value

306 E 40th Street A, Houston, TX, 77018

Off MarketInfo
LeaseInfo
Beds2 Beds
Baths1 Bath
Baths1,969 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.68 / sqft
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Trash Compactor, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Vinyl

Exterior

Exterior FeaturesBalcony
Lot Size5,005 sqft

Building Information

Year Built1965
Garage Spaces1

Land Information

APN0620540210003
Lot Number3
SubdivisionWilladale
Land UseResidential
Legal DescriptionLT 3 BLK 21 WILLADALE SEC 3
Census Tract530600
Assessed Land Value$135,068
Assessed Improvement Value$244,322
Assessment Year2025

About this property

Like new and impeccably maintained, this stunning home in Independence Heights offers the perfect blend of modern design and upscale finishes. Thoughtfully designed with 3 bedrooms, a dedicated office, 2.5 baths, and an open concept layout, this home is ideal for both everyday living and entertaining. The gourmet kitchen features quartz countertops, a full quartz backsplash, custom tile detail above the range, pot filler, upgraded cabinetry, and premium appliances, including a 36-inch KitchenAid range and 36-inch GE Smart Designer vent hood. Neutral, water-resistant vinyl plank flooring runs throughout for style and easy maintenance. The primary suite offers vaulted ceilings, a private balcony, customized his-and-hers closets, and a spa-inspired bath. Enjoy the fully fenced yard and covered back porch with custom wood ceiling accents. Conveniently located near major highways with easy access to Downtown Houston, The Heights, and The Galleria.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$683/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,603
$379,390
2025
$135,068
$244,322
$379,390
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,603
$379,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mega Capital Funding Inc
Conventional
$435,500
No
First
Jun 25, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$420,527
$297,473
41%
59%
$2,612/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,612/mo
$-386/mo
3.7%

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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306 E 40th Street A | Property Details | No Agent List