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509 E 40th St; Houston, TX Property Details

509 E 40th St, Houston, TX is a Single Family that was built in 1940. This property is currently Financed and is not for sale. Our records show that 509 E 40th St has 3 bedrooms, and 1 bathroom, and a total of 1,319 square feet. The lot size of 509 E 40th St is 3,200 square feet.

Off market
509 E 40th St Houston, TX 77022
$138,861 Estimated Value
3 Beds
1 Baths
1,319 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1940
  • Purchase Price: $68,000
  • Open Loans / Balance: 1 / $110,247
  • Est. Equity / %: $127,753 / 53.68%
  • Gross Yield: 4.024%
  • APN: 021-127-000-0004
  • Situs County: Harris
  • Length Of Ownership: 19 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Combination
  • Building Condition: Average
  • Building Quality: E
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,319/SqFt
  • Lot: 3,200/SqFt
  • Gross: 1,319/SqFt
  • Garage: 342/SqFt
  • Living: 1,319/SqFt
  • Building: 1,319/SqFt
  • Ground: 1,319/SqFt
  • Price Per Square Foot: $51.55

Legal Description

  • Description: LT 4 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: 29.822409 / -95.39356
  • Subdivision: Independence Heights School
  • Property Class: Residential
  • County Use Code: 1001

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4731
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Carport
  • Heating: Central
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

509 E 40th St has no associated ownership info
509 E 40th St has no associated ownership info.

Taxes

509 E 40th St has 10 associated Taxes items

509 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 $138,861. The APN we've located for 509 E 40th St is 021-127-000-0004.

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Taxes
  • Assessed Value:  $138,861
  • Assessed Year:  2025
  • Assessed County:  Harris
  • APN:  021-127-000-0004
  • Assessed Land Value:  89600
  • Market Land Value:  89600
  • Tax Amount:  2783.84
  • Tax Year:  2024
  • Market Value:  138861
  • Market Year:  2025

Tax History

509 E 40th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $138,861 Land Value $89,600 Improvement Value $49,261 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $133,048 Land Value $89,600 Improvement Value $43,448 Tax Amount $2,783.84 Change Rate +0.013943% Assessed CR Tax Rate +0.020924%
Year 2023 Assessed Value $136,269 Land Value $89,600 Improvement Value $46,669 Tax Amount $2,745.56 Change Rate +0.017277% Assessed CR Tax Rate +0.020148%
Year 2022 Assessed Value $122,573 Land Value $76,800 Improvement Value $45,773 Tax Amount $2,698.93 Change Rate +0.081202% Assessed CR Tax Rate +0.022019%
Year 2021 Assessed Value $107,104 Land Value $64,000 Improvement Value $43,104 Tax Amount $2,496.23 Change Rate +0.125127% Assessed CR Tax Rate +0.023307%
Year 2020 Assessed Value $92,466 Land Value $64,000 Improvement Value $28,466 Tax Amount $2,218.62 Change Rate -0.013201% Assessed CR Tax Rate +0.023994%
Year 2019 Assessed Value $92,844 Land Value $56,000 Improvement Value $36,844 Tax Amount $2,248.3 Change Rate +0.146367% Assessed CR Tax Rate +0.024216%
Year 2018 Assessed Value $77,506 Land Value $46,080 Improvement Value $31,426 Tax Amount $1,961.24 Change Rate +0.125939% Assessed CR Tax Rate +0.025304%
Year 2017 Assessed Value $68,948 Land Value $34,560 Improvement Value $34,388 Tax Amount $1,741.87 Change Rate +0.213678% Assessed CR Tax Rate +0.025264%
Year 2016 Assessed Value $56,759 Land Value $26,880 Improvement Value $29,879 Tax Amount $1,435.2 Change Rate Assessed CR Tax Rate +0.025286%
Year 2015 Assessed Value $45,239 Land Value $15,360 Improvement Value $29,879 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $35,912 Land Value $15,360 Improvement Value $20,552 Tax Amount $923.17 Change Rate Assessed CR Tax Rate +0.025706%