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$147,000

414 E 40th 1/2 Street, Houston, TX, 77018

On MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size5,005 sqft

Land Information

APN0620540210006
Lot Number6
SubdivisionWilladale
Land UseResidential
Legal DescriptionLT 6 BLK 21 WILLADALE SEC 3
Census Tract530600
Assessed Land Value$101,301
Assessment Year2025

About this property

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 $147,000 or buy individually for $73,500 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!

Investor Tools

$0Estimated Mortgage Balance
$109,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$882 /month
Positive
Cash Flow Estimate:
$294 /month

Interested in this property?

Patricia Rivera

Cornerstone Real Estate Alliance, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$274/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,737
$101,301
2025
$101,301
N/A
$101,301
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,737
$101,301

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$109,000
100%
0%
$0/mo

City: Houston

414 E 40th 1/2 Street | Property Details | No Agent List