414 E 40TH 1/2 STREET, HOUSTON, TX 77018

Homes for sale in Houston.

Homes for sale in 77018.


Active

List Price$184,900

414 E 40th 1/2 Street

Houston, TX 77018

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #98021672

5,005

Square Feet

Lots / Land

Type

About This Property

TWO FULLY REPLATTED LOTS, CLEARED AND READY FOR DEVELOPMENT! This prime investment opportunity is located in the rapidly growing Independence Heights area. Together, the lots offer approximately 5,034 sq. ft., with each individual lot providing approximately 2,517 sq. ft. Purchase both lots for $184,900 or buy individually for $92,450 each. Conveniently located just minutes from Loop 610 and only 15 minutes from Downtown Houston, this property is surrounded by new construction and ongoing redevelopment, making it an excellent opportunity for builders, developers, and investors. Whether you're planning a custom home or your next investment project, these shovel-ready lots offer outstanding value in one of Houston's fastest-growing neighborhoods. Don't miss your chance to build in this thriving community!

Property Features

Location Information

County

Harris

Longitude

-95.395179

MLS Area

Northwest Houston

Subdivision

MAGNOLIA VILLAS

Latitude

29.822677

Directions

From downtown Houston, 59 North, 610 West, Exit North Main St, Right on North Main St, Left on E 40th 1/2 St. Lots are on the left.

Exterior Features

Acre Range

0 Up To 1/4 Acre

Lot Size in Sq. Ft.

5,005

Lot Description

Cleared, Subdivision

Is One Story

No

Lot Size in Acres

0.112

School

School District

Houston

Middle School

WILLIAMS MIDDLE SCHOOL

Elementary School

KENNEDY ELEMENTARY SCHOOL (HOUSTON)

High School

WASHINGTON HIGH SCHOOL

Additional Information

Finance Available

Cash, Conventional, Investor Financing

Year Built

0

Property Type

LL

Status

Active

Similar Listings

Mortgage Calculator

$863

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$666

Monthly Tax

$154

Monthly Insurance

$43

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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