NOT LISTED FOR SALE

306 E 40th 1 2 St Houston, TX 77018

Independence Heights Neighborhood

Estimated Value: $249,000 - $454,000

2 Beds
1 Bath
2,084 Sq Ft
$161/Sq Ft Est. Value

Last Sold August 21, 2023

Current estimated payment $2,209/month

44 Days on Market

About This Home

As of August 2023

LOCATION-LOCATION! Between 1-45 N and 6-10 N. Loop. Minutes away from Downtown and Galleria. Whole Foods and HEB close by. Property is selling AS-IS. No Repairs. No Survey. Calling all investors. New construction all around. Great opportunity to buy at a great price for next project of new homes or do a Total rehab. No HOA. Priced to sell, will not last long!

Last Agent to Sell the Property

Angelica Eugenio

HomeSmart License #0565290 Listed on: 06/03/2023

HomeSmart

Last Buyer's Agent

Andrew Lin

Nan & Company Properties License #0653842

Nan & Company Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,084

Year Built

  • Built in 1965

Lot Details

  • 5,005 Sq Ft Lot
  • Cleared Lot

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 2,084 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Burrus Elementary School
  • Williams Middle School
  • Washington High School

Utilities

  • No Cooling
  • No Heating

Community Details

  • 3 Units
  • Willadale Sec 03 Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,084

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Directions: From 6-10 North exit North Main, make a left on 40th 1/2 St. Apartments will be on the left.
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Year Built: 1965
  • Subdivision Name: Willadale Sec 03
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Triplex
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 2084.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Owner Is Listing Agent
  • Roof: Composition
  • Lot Features: Cleared

Utilities

  • Utilities: Electricity Available
  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No

Schools

  • Elementary School: BURRUS ELEMENTARY SCHOOL
  • Junior High Dist: 27 - Houston
  • High School: WASHINGTON HIGH SCHOOL
  • Middle Or Junior School: WILLIAMS MIDDLE SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3084.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2023
Closed on
Aug 18, 2023
Sold by
Garcia Juan and Garcia Angelica
Bought by
Apl Group Real Estate Llc
Seller's Agent
Angelica Eugenio
HomeSmart
Buyer's Agent
Andrew Lin
Nan & Company Properties
List Price
$235,000
Views
112
Current Estimated Value
$335,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.72%
Original Mortgage
$340,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2007
Sold by
Home Servicing Llc
Bought by
Garcia Juan and Eugenio Angelica

Purchase Details

Closed on
Jun 11, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Home Servicing Llc

Purchase Details

Closed on
Aug 1, 2006
Sold by
Smith Johnson Angela
Bought by
Deutsche Bank National Trust Co and Argent Securities Inc Asset Backed Pass

Purchase Details

Closed on
Dec 5, 2002
Sold by
Wilson Bobbye F and Wilson Shabaac L
Bought by
Johnson Angela M Smith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
6.05%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Apl Group Real Estate Llc -- Texas American Title Company
Garcia Juan -- Fidelity National Title
Home Servicing Llc -- None Available
Deutsche Bank National Trust Co $93,264 None Available
Johnson Angela M Smith -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Apl Group Real Estate Llc $435,500
Closed Apl Group Real Estate Llc $340,000
Previous Owner Smith Johnson Angela $103,950
Previous Owner Johnson Angela M Smith $31,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2023 08/21/23 Sold -- -- --
07/18/2023 07/18/23 Pending -- -- --
07/12/2023 07/12/23 Price Changed $215,000 -8.5% $103 / Sq Ft
07/04/2023 07/04/23 Price Changed $235,000 0.0% $113 / Sq Ft
07/04/2023 07/04/23 For Sale $235,000 +9.3% $113 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
06/03/2023 06/03/23 For Sale $215,000 -- $103 / Sq Ft
Source: Houston Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,603 $220,000 $135,068 $84,932
2023 $4,603 $152,231 $120,060 $32,171
2022 $3,084 $140,083 $120,060 $20,023
2021 $2,659 $114,087 $95,048 $19,039
2020 $3,217 $132,867 $90,045 $42,822
2019 $1,666 $104,972 $45,023 $59,949
2018 $2,610 $103,150 $45,023 $58,127
2017 $2,268 $89,714 $30,015 $59,699
2016 $2,123 $83,971 $20,010 $63,961
2015 $1,858 $85,655 $20,010 $65,645
2014 $1,858 $72,288 $13,757 $58,531
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Angelica Eugenio

    HomeSmart

    (832) 384-2284

    1 in this area

    1 Total Sale

    Angelica Eugenio
    Section Image

  • A

    Buyer's Agent in 2023

    Andrew Lin

    Nan & Company Properties

    (713) 653-3455

    1 in this area

    56 Total Sales

    Andrew Lin
    Section Image
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Map

Source: Houston Association of REALTORS®

MLS Number: 36042701

Houston Association of REALTORS®

APN: 0620540210003

Texas Harris County Houston 77018 Independence Heights

306 E 40th 1 2 St, Houston, TX

This home is located at 306 E 40th 1 2 St, Houston, TX 77018 since 03 June 2023 and is currently estimated at $335,710, approximately $161 per square foot. This property was built in 1965. 306 E 40th 1 2 St is a home located in Harris County with nearby schools including Burrus Elementary School, Williams Middle, and Booker T Washington Sr High.

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