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517 E 40th St; Houston, TX Property Details

517 E 40th St, Houston, TX is a Single Family that was built in 1941. This property is currently a cash purchase and is not for sale. Our records show that 517 E 40th St has 2 bedrooms, and 2 bathrooms, and a total of 932 square feet. The lot size of 517 E 40th St is 6,400 square feet.

Off market
517 E 40th St Houston, TX 77022
$205,257 Estimated Value
2 Beds
2 Baths
932 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1941
  • Est. Equity / %: $232,000 / 100%
  • Gross Yield: 12.848%
  • APN: 021-127-000-0007
  • Situs County: Harris
  • Length Of Ownership: 14 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 932/SqFt
  • Lot: 6,400/SqFt
  • Gross: 932/SqFt
  • Living: 932/SqFt
  • Building: 932/SqFt
  • Ground: 932/SqFt

Legal Description

  • Description: LTS 7 & 8 BLK 57 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: 29.822376 / -95.39316
  • Subdivision: Independence Heights School
  • Property Class: Residential
  • County Use Code: 1001

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4731
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Heating: Central

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

517 E 40th St has 10 associated Taxes items

517 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 $205,257. The APN we've located for 517 E 40th St is 021-127-000-0007.

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Taxes
  • Assessed Value:  $205,257
  • Assessed Year:  2025
  • Assessed County:  Harris
  • APN:  021-127-000-0007
  • Assessed Land Value:  179200
  • Market Land Value:  179200
  • Tax Amount:  4294.7
  • Tax Year:  2024
  • Market Value:  205257
  • Market Year:  2025

Tax History

517 E 40th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $205,257 Land Value $179,200 Improvement Value $26,057 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $205,257 Land Value $179,200 Improvement Value $26,057 Tax Amount $4,294.7 Change Rate +0.02776% Assessed CR Tax Rate +0.020924%
Year 2023 Assessed Value $207,399 Land Value $179,200 Improvement Value $28,199 Tax Amount $4,178.7 Change Rate +0.048231% Assessed CR Tax Rate +0.020148%
Year 2022 Assessed Value $181,046 Land Value $153,600 Improvement Value $27,446 Tax Amount $3,986.43 Change Rate +0.111767% Assessed CR Tax Rate +0.022019%
Year 2021 Assessed Value $153,847 Land Value $128,000 Improvement Value $25,847 Tax Amount $3,585.67 Change Rate +0.031856% Assessed CR Tax Rate +0.023307%
Year 2020 Assessed Value $144,827 Land Value $128,000 Improvement Value $16,827 Tax Amount $3,474.97 Change Rate +0.070711% Assessed CR Tax Rate +0.023994%
Year 2019 Assessed Value $134,023 Land Value $112,000 Improvement Value $22,023 Tax Amount $3,245.48 Change Rate +0.594306% Assessed CR Tax Rate +0.024216%
Year 2018 Assessed Value $80,447 Land Value $62,400 Improvement Value $18,047 Tax Amount $2,035.67 Change Rate +0.225141% Assessed CR Tax Rate +0.025304%
Year 2017 Assessed Value $65,770 Land Value $46,800 Improvement Value $18,970 Tax Amount $1,661.58 Change Rate +0.2456% Assessed CR Tax Rate +0.025263%
Year 2016 Assessed Value $52,756 Land Value $36,400 Improvement Value $16,356 Tax Amount $1,333.96 Change Rate Assessed CR Tax Rate +0.025285%
Year 2015 Assessed Value $36,638 Land Value $20,800 Improvement Value $15,838 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $36,638 Land Value $20,800 Improvement Value $15,838 Tax Amount $941.83 Change Rate Assessed CR Tax Rate +0.025706%