232 E 38th St Houston, TX 77018
Independence Heights NeighborhoodEstimated payment $2,461/month
About This Home
Foreclosed incomplete new construction stacked duplex offering a strong value-add investment opportunity in the growing Independence Heights area. Designed with one unit up and one unit down, each unit features a 2-bedroom, 2.5-bath layout with approximately 1,071 square feet of open-concept living space. The unfinished status allows an investor to complete remaining finishes and maximizes after-repair value. Layouts include private primary suites with ensuite bathrooms and utility rooms in each unit. Ideally located minutes from The Heights, Downtown Houston, and major employment centers, supporting strong rental demand. Suitable for long-term rental, house-hack, or resale strategy. Property is sold as-is, where-is.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,785
Home Design
- Home Under Construction
- Duplex
- Composition Roof
Interior Spaces
- 2,142 Sq Ft Home
- 2-Story Property
Schools
- Burrus Elementary School
- Williams Middle School
- Washington High School
Additional Features
- 3,000 Sq Ft Lot
- Central Heating and Cooling System
Community Details
- Independence Heights Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/14/2026 02/14/26 | Pending | -- | -- | -- |
| 02/05/2026 02/05/26 | For Sale | $450,000 | -- | $210 / Sq Ft |
Source: Houston Association of REALTORS®
MLS Number: 68956832
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