Taxes
- Assessed Value: $565,016
- Assessed Year: 2025
- Assessed County: Harris
- APN: 021-126-000-0037
- Assessed Land Value: 84000
- Market Land Value: 84000
- Tax Amount: 6942.96
- Tax Year: 2024
- Market Value: 565016
- Market Year: 2025
518 E 40th St; Houston, TX Property Details
For Rent
518 E 40th St Houston, TX 77022
$2,700 Listing Price
3 Beds
2.5 Baths
2,675 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 2020
- Purchase Price: $431,300
- Open Loans / Balance: 1 / $309,149
- Est. Equity / %: $199,851 / 39.26%
- Gross Yield: 8.266%
- APN: 021-126-000-0037
- Situs County: Harris
- Length Of Ownership: 5 years
Rooms
- Bedrooms: 3
- Bathrooms: 2.5
- Full Bathrooms: 2
- Total Rooms: 7
- Partial Bathrooms: 1
Structure
- Building Style: Frame
- Stories: 2
- Exterior Wall Type: Combination
- Building Condition: Average
- Building Quality: B
Measurements
- Total: 2,675/SqFt
- Lot: 3,000/SqFt
- Gross: 2,675/SqFt
- Garage: 441/SqFt
- Living: 2,675/SqFt
- Building: 2,675/SqFt
- Ground: 1,093/SqFt
- Price Per Square Foot: $161.23
Legal Description
- Description: LT 24 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: 29.821995 / -95.39316
- Subdivision: Independence Heights School
- Property Class: Residential
- County Use Code: 1001
Amenities
- 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
518 E 40th St has no associated ownership info
518 E 40th St has no associated ownership info.
Taxes
518 E 40th St has 10 associated Taxes items
518 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 $565,016. The APN we've located for 518 E 40th St is 021-126-000-0037.
Unlock the full reportTax History
518 E 40th St has 6 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $565,016 | Land Value $84,000 | Improvement Value $481,016 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $492,034 | Land Value $84,000 | Improvement Value $408,034 | Tax Amount $6,942.96 | Change Rate +0.163051% | Assessed CR | Tax Rate +0.014111% |
| Year 2023 | Assessed Value $528,028 | Land Value $84,000 | Improvement Value $444,028 | Tax Amount $5,969.61 | Change Rate -0.065105% | Assessed CR | Tax Rate +0.011305% |
| Year 2022 | Assessed Value $385,000 | Land Value $72,000 | Improvement Value $313,000 | Tax Amount $6,385.33 | Change Rate -0.241764% | Assessed CR | Tax Rate +0.016585% |
| Year 2021 | Assessed Value $361,326 | Land Value $60,000 | Improvement Value $301,326 | Tax Amount $8,421.3 | Change Rate +4.849547% | Assessed CR | Tax Rate +0.023307% |
| Year 2020 | Assessed Value $60,000 | Land Value $60,000 | Improvement Value | Tax Amount $1,439.65 | Change Rate | Assessed CR | Tax Rate +0.023994% |