Taxes
- Assessed Value: $500,892
- Assessed Year: 2025
- Assessed County: Harris
- APN: 021-127-000-0003
- Assessed Land Value: 89600
- Market Land Value: 89600
- Tax Amount: 10645.04
- Tax Year: 2025
- Market Value: 500892
- Market Year: 2025
505 E 40th St; Houston, TX Property Details
For Rent • Pre Probate ✓
505 E 40th St Houston, TX 77022
$3,500 Listing Price
3 Beds
3.5 Baths
2,106 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 2020
- Purchase Price: $93,800
- Est. Equity / %: $482,000 / 100%
- Gross Yield: 10.676%
- APN: 021-127-000-0003
- Situs County: Harris
- Length Of Ownership: 6 years, 7 months
Rooms
- Bedrooms: 3
- Bathrooms: 3.5
- Full Bathrooms: 3
- Total Rooms: 6
- Partial Bathrooms: 1
Structure
- Building Style: Frame
- Stories: 1
- Exterior Wall Type: Combination
- Building Condition: Average
- Building Quality: B
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 2,106/SqFt
- Lot: 3,200/SqFt
- Gross: 2,106/SqFt
- Garage: 600/SqFt
- Living: 2,106/SqFt
- Building: 2,106/SqFt
- Ground: 837/SqFt
- Price Per Square Foot: $44.54
Legal Description
- Description: LT 3 BLK 57 INDEPENDENCE HEIGHTS SCHOOL
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Houston Independent School District
- Lat / Lon: 29.822405 / -95.39368
- Subdivision: Independence Heights School
- Property Class: Residential
- County Use Code: 1001
Amenities
- Heating Fuel Type: Gas
- Bathroom Fixtures: 2
- Cooling: Central
- Garage: Garage
- Heating: Central
- Parking: 2
HOA
- H O A One Type: Planned Unit Development
Ownership Info
505 E 40th St has no associated ownership info
505 E 40th St has no associated ownership info.
Taxes
505 E 40th St has 10 associated Taxes items
505 E 40th St, Houston, TX pays taxes in Harris County, TX. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $500,892. The APN we've located for 505 E 40th St is 021-127-000-0003.
Unlock the full reportTax History
505 E 40th St has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $500,892 | Land Value $89,600 | Improvement Value $411,292 | Tax Amount $10,645.04 | Change Rate +0.040067% | Assessed CR | Tax Rate +0.021252% |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $10,234.96 | Change Rate +0.070033% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $474,738 | Land Value $89,600 | Improvement Value $385,138 | Tax Amount $9,565.09 | Change Rate +0.317553% | Assessed CR | Tax Rate +0.020148% |
| Year 2022 | Assessed Value $329,705 | Land Value $76,800 | Improvement Value $252,905 | Tax Amount $7,259.74 | Change Rate -0.117309% | Assessed CR | Tax Rate +0.022019% |
| Year 2021 | Assessed Value $352,885 | Land Value $64,000 | Improvement Value $288,885 | Tax Amount $8,224.55 | Change Rate +4.355885% | Assessed CR | Tax Rate +0.023307% |
| Year 2020 | Assessed Value $64,000 | Land Value $64,000 | Improvement Value | Tax Amount $1,535.61 | Change Rate +0.132381% | Assessed CR | Tax Rate +0.023994% |
| Year 2019 | Assessed Value $56,000 | Land Value $56,000 | Improvement Value | Tax Amount $1,356.09 | Change Rate +0.163007% | Assessed CR | Tax Rate +0.024216% |
| Year 2018 | Assessed Value $46,080 | Land Value $46,080 | Improvement Value | Tax Amount $1,166.02 | Change Rate +0.335494% | Assessed CR | Tax Rate +0.025304% |
| Year 2017 | Assessed Value $34,560 | Land Value $34,560 | Improvement Value | Tax Amount $873.1 | Change Rate +0.284575% | Assessed CR | Tax Rate +0.025263% |
| Year 2016 | Assessed Value $26,880 | Land Value $26,880 | Improvement Value | Tax Amount $679.68 | Change Rate | Assessed CR | Tax Rate +0.025286% |
| Year 2015 | Assessed Value $15,360 | Land Value $15,360 | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $15,446 | Land Value $15,360 | Improvement Value $86 | Tax Amount $397.07 | Change Rate | Assessed CR | Tax Rate +0.025707% |