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514 E 40th St; Houston, TX Property Details

514 E 40th St, Houston, TX is a Single Family that was built in 2017. This property is currently Financed and is not for sale. Our records show that 514 E 40th St has 3 bedrooms, and 2.5 bathrooms, and a total of 1,559 square feet. The lot size of 514 E 40th St is 3,000 square feet.

Off market
514 E 40th St Houston, TX 77022
$337,065 Estimated Value
3 Beds
2.5 Baths
1,559 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2017
  • Purchase Price: $211,000
  • Open Loans / Balance: 1 / $161,763
  • Est. Equity / %: $170,237 / 51.28%
  • Gross Yield: 9.484%
  • APN: 021-126-000-0026
  • Situs County: Harris
  • Length Of Ownership: 8 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Brick veneer
  • Building Condition: Average
  • Building Quality: C
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,559/SqFt
  • Lot: 3,000/SqFt
  • Gross: 1,559/SqFt
  • Garage: 456/SqFt
  • Living: 1,559/SqFt
  • Building: 1,559/SqFt
  • Ground: 628/SqFt
  • Price Per Square Foot: $135.34

Legal Description

  • Description: LT 26 BLK 56 INDEPENDENCE HEIGHTS SCHOOL
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Houston Independent School District
  • Lat / Lon: 29.822054 / -95.39333
  • Subdivision: Independence Heights School
  • Property Class: Residential
  • County Use Code: 1001

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4732
  • Bathroom Fixtures: 2
  • Cooling: Central
  • Garage: Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

514 E 40th St has 10 associated Taxes items

514 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 $337,065. The APN we've located for 514 E 40th St is 021-126-000-0026.

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Taxes
  • Assessed Value:  $337,065
  • Assessed Year:  2025
  • Assessed County:  Harris
  • APN:  021-126-000-0026
  • Assessed Land Value:  84000
  • Market Land Value:  84000
  • Tax Amount:  4714.9
  • Tax Year:  2024
  • Market Value:  337065
  • Market Year:  2025

Tax History

514 E 40th St has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $337,065 Land Value $84,000 Improvement Value $253,065 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $332,972 Land Value $84,000 Improvement Value $248,972 Tax Amount $4,714.9 Change Rate +0.149098% Assessed CR Tax Rate +0.01416%
Year 2023 Assessed Value $323,506 Land Value $84,000 Improvement Value $239,506 Tax Amount $4,103.13 Change Rate -0.094066% Assessed CR Tax Rate +0.012683%
Year 2022 Assessed Value $286,873 Land Value $72,000 Improvement Value $214,873 Tax Amount $4,529.17 Change Rate +0.010161% Assessed CR Tax Rate +0.015788%
Year 2021 Assessed Value $254,466 Land Value $60,000 Improvement Value $194,466 Tax Amount $4,483.61 Change Rate +0.04488% Assessed CR Tax Rate +0.01762%
Year 2020 Assessed Value $237,685 Land Value $60,000 Improvement Value $177,685 Tax Amount $4,291.03 Change Rate -0.1494% Assessed CR Tax Rate +0.018053%
Year 2019 Assessed Value $274,363 Land Value $52,500 Improvement Value $221,863 Tax Amount $5,044.71 Change Rate +0.513919% Assessed CR Tax Rate +0.018387%
Year 2018 Assessed Value $131,685 Land Value $45,000 Improvement Value $86,685 Tax Amount $3,332.22 Change Rate +2.663874% Assessed CR Tax Rate +0.025304%
Year 2017 Assessed Value $36,000 Land Value $36,000 Improvement Value Tax Amount $909.48 Change Rate +0.49869% Assessed CR Tax Rate +0.025263%
Year 2016 Assessed Value $24,000 Land Value $24,000 Improvement Value Tax Amount $606.85 Change Rate Assessed CR Tax Rate +0.025285%
Year 2014 Assessed Value $15,000 Land Value $15,000 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate