NOT LISTED FOR SALE

308 E 40th St Houston, TX 77018

Independence Heights Neighborhood

Estimated Value: $430,000 - $471,000

3 Beds
2.5 Baths
1,840 Sq Ft
$245/Sq Ft Est. Value

Last Sold May 26, 2023

Current estimated payment $3,284/month

1 Day on Market

Highlights

  • Under Construction
  • Engineered Wood Flooring
  • Security System Owned
  • Contemporary Architecture
  • 2 Car Attached Garage
  • Tankless Water Heater

About This Home

As of May 2023

Welcome to your brand new dream home in the highly sought-after Independence Heights area of Houston! This stunning 3 bedroom, 2.5 bathroom house offers luxurious modern amenities and high-end finishes throughout. With an open floor plan, the spacious living room and designer kitchen make for the perfect space to entertain guests. The bedrooms are generous in size and filled with natural light, with the master suite offering a spa-like bathroom and large walk-in closet. This new construction boasts a two-car garage and an outdoor space perfect for relaxation or entertaining. Security gates will be installed by the builder. Enjoy living in this vibrant community, just minutes away from local shops, restaurants, and entertainment. 40th street will have majority all new construction homes in the new future. This home offers easy access to major highways for an effortless commute. Don't miss your chance to own this beautiful home!

Last Agent to Sell the Property

Ahmad Farooqi

Walzel Properties - Corporate Office License #0768385 Listed on: 04/11/2023

Walzel Properties - Corporate Office

Last Buyer's Agent

Alexander DeBow

CitiQuest Properties License #0754731

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,605

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 3,006

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Wood Roof
  • Cement Siding
  • Radiant Barrier

Interior Spaces

  • 1,840 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Washer and Gas Dryer Hookup

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Eco-Friendly Details

  • ENERGY STAR Qualified Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Tankless Water Heater

Community Details

  • Built by Ranar Pines
  • Independence Heights Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,605

Year Built

Built in 2022 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Directions: From I-45 North: Take I-45 south, Turn right onto Riggs Rd, left onto airline drive, turn right onto E 40 1/2 and E 40th 1/2 South, left onto N Main st, right onto E 40th st From I-45 South:
  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Building Stories: 2
  • Year Built: 2022
  • Road Surface Type: Asphalt
  • Subdivision Name: Independence Heights
  • Architectural Style: Contemporary/Modern
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Radiant Attic Barrier, Appliances, HVAC, Insulation, Thermostat, Water Heater
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, ENERGY STAR Qualified Appliances, Tankless Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Engineered Hardwood
  • Interior Amenities: Ceiling Fan(s), Programmable Thermostat
  • Living Area: 1840.0
  • ResoLivingAreaSource: Builder

Exterior Features

  • Builder Name: Ranar Pines
  • Disclosures: Owner Is Listing Agent
  • Roof: Shingle, Wood
  • Lot Features: Subdivision
  • Pool Private: No
  • Construction Type: Cement Siding
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: Under Construction

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
  • Security: Security System Owned, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

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: 2021
  • Tax Annual Amount: 3605.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Aug 9, 2021
Sold by
Popperbox Development 40Th Street Llc
Bought by
Ranar Pines Capital Llc
Seller's Agent
Eli Levy
Maven Real Estate Advisors, LLC
Buyer's Agent
Eli Levy
Maven Real Estate Advisors, LLC
List Price
$123,050
Current Estimated Value
$451,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.41%
Original Mortgage
$730,515
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 1998
Sold by
Jew Ming Tom and Jew Mei Wah
Bought by
Trottie Linda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,775
Interest Rate
6.92%
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
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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
Ranar Pines Capital Llc -- Chicago Title Company
Trottie Linda G -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ranar Pines Capital Llc $672,000
Closed Ranar Pines Capital Llc $730,515
Previous Owner Trottie Linda G $55,775
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Sold -- -- --
04/12/2023 04/12/23 Pending -- -- --
04/11/2023 04/11/23 For Sale $459,000 +273.0% $249 / Sq Ft
08/25/2021 08/25/21 Sold -- -- --
07/26/2021 07/26/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $123,050 -- --
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 $9,967 $476,350 $84,000 $392,350
2023 $9,967 $277,161 $84,000 $193,161
2022 $3,171 $144,000 $144,000 $0
2021 $2,797 $120,000 $120,000 $0
2020 $2,906 $120,000 $120,000 $0
2019 $2,657 $105,000 $105,000 $0
2018 $2,277 $90,000 $90,000 $0
2017 $1,821 $72,000 $72,000 $0
2016 $1,214 $48,000 $48,000 $0
2015 $771 $48,000 $48,000 $0
2014 $771 $30,000 $30,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Ahmad Farooqi

    Seller's Agent in 2023

    Ahmad Farooqi

    Walzel Properties - Corporate Office

    (281) 948-3114

    2 in this area

    5 Total Sales

    Ahmad Farooqi
    Section Image

  • A

    Buyer's Agent in 2023

    Alexander DeBow

    CitiQuest Properties

    (713) 581-6000

    1 in this area

    15 Total Sales

    Alexander DeBow
    Section Image
  • Eli Levy

    Seller's Agent in 2021

    Eli Levy

    Maven Real Estate Advisors, LLC

    (832) 538-5823

    9 in this area

    130 Total Sales

    Eli Levy
    Section Image
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Map

Source: Houston Association of REALTORS®

MLS Number: 23996595

Houston Association of REALTORS®

APN: 0210750000006

Texas Harris County Houston 77018 Independence Heights

308 E 40th St, Houston, TX

This home is located at 308 E 40th St, Houston, TX 77018 since 11 April 2023 and is currently estimated at $451,122, approximately $245 per square foot. This property was built in 2022. 308 E 40th St is a home located in Harris County with nearby schools including Burrus Elementary School, Williams Middle, and Booker T Washington Sr High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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