$1,800,000

511 Gulf Bank Rd Unit 5 Houston, TX 77037

Aldine Neighborhood

Estimated payment $10,365/month

Total Views 2,384
-- Bed
-- Bath
5,800 Sq Ft
$310 Price per Sq Ft

Highlights

  • 196,590 Sq Ft lot
  • Central Heating and Cooling System
  • 1-Story Property
  • Window Unit Cooling System

About This Home

This commercial property at 511 Gulf Bank presents an exceptional opportunity for investors seeking to leverage current tenants and future expansion potential. Spanning over 4.5 acres, this prime location is perfect for developing a commercial building. With multiple detached dwellings and a metal shop totaling over 6,000 square feet of space, this multi-family property offers ample room for growth. The property sits on a 2 spacious lots measuring 196,590 square feet. Don't miss this chance to own a lucrative commercial property in a highly desirable area.

Listing Agent

Rafael Perez

CB&A, Realtors License #0573024 Listed on: 06/30/2025

CB&A, Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,746

Year Built

  • Built in 1960

Lot Details

  • 4.51 Acre Lot

Home Design

  • Composition Roof

Interior Spaces

  • 5,800 Sq Ft Home
  • 1-Story Property

Schools

  • Worsham Elementary School
  • Grantham Academy Middle School
  • Aldine High School

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Window Unit Heating System

Community Details

  • Hill W L Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,746

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Directions: From Hardy Toll road take Gulf Bank going West property will be on right hand side
  • Property Sub Type: Detached
  • Prop. Type: Residential Income
  • Building Stories: 1
  • Year Built: 1960
  • Subdivision Name: Hill W L
  • Unit Levels: One
  • New Construction: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 5800.0

Exterior Features

  • Disclosures: None
  • Roof: Composition

Utilities

  • Cooling: Central Air, Electric, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Gas, Other, Window Unit
  • Heating Yn: Yes

Schools

  • Elementary School: WORSHAM ELEMENTARY SCHOOL
  • Junior High Dist: 1 - Aldine
  • High School: ALDINE HIGH SCHOOL
  • Middle Or Junior School: GRANTHAM ACADEMY

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9746.0

Multi Family

  • Number Of Units Total: 7

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $9,746 $503,717 $300,925 $202,792
2023 $9,746 $515,268 $300,925 $214,343
2022 $7,416 $362,230 $188,078 $174,152
2021 $5,700 $264,781 $112,847 $151,934
2020 $5,816 $256,031 $112,847 $143,184
2019 $5,778 $242,891 $112,847 $130,044
2018 $3,902 $271,769 $151,464 $120,305
2017 $6,120 $270,043 $151,464 $118,579
2016 $6,130 $270,462 $151,464 $118,998
2015 $5,377 $265,982 $145,509 $120,473
2014 $5,377 $241,119 $145,509 $95,610
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 For Sale $1,800,000 -- $310 / Sq Ft
Source: Houston Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- None Available
Warranty Deed -- Alamo Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $207,000 Purchase Money Mortgage
Source: Public Records

Similar Homes in Houston, TX

  • 1703 & 0 Sunny Dr, Houston, TX 77093

    $1,750,000

    • 2 Beds
    • 1 Bath
    • 1703 & 0 Sunny Dr
    • Houston, TX

    The sky is the limit! You'll find 8 mobile homes that sit on this unrestricted 7.28 acre tract of land, with a private water well and private septic system. Please note, the 6 acres is unimproved, and the 8 mobile homes sit on 1.28 acres. Please do not disturb the tenants, and please do not miss out on this great opportunity to buy!

    Wanda Deveraux Deveraux Realty

    Section Image
  • 128 W 17th St, Houston, TX 77008

    $1,695,000

    • 1 Bed
    • 2.5 Baths
    • 4,845 Sq Ft
    • 128 W 17th St
    • Houston, TX

    Pristine Houston Heights building at Yale & W 17th. Currently being used as mixed-use live/work space, this 4,845 sq ft building offers limitless possibilities! Art studio? Office w/ loft living above? Elevator capable. First floor now set up as reception; office & conference areas defined by custom steel/glass window-walls, and there is also a half bath & 2-car attached garage. Expansive & open

    Rae Lynn White Berkshire Hathaway HomeServices Premier Properties

    Section Image
  • 826 Heights Blvd, Houston, TX 77007

    $1,650,000

    • 2 Beds
    • 3 Baths
    • 2,588 Sq Ft
    • 826 Heights Blvd
    • Houston, TX

    Exceptional mixed-use opportunity in the vibrant and walkable heart of Houston Heights—one of the city's most sought-after urban neighborhoods. Well-maintained 1-story property features original refinished hardwood floors, upgraded double paned windows, 24KW Generac whole-house generator, Ethernet throughout, Toshiba 15 phone system, security cam monitoring system, multiple workstations in 2

    Rick Dittemore PMA Real Estate Services, Inc.

    Section Image
  • 2214 Hoskins Dr, Houston, TX 77080

    $1,325,000

    • 2 Beds
    • 2.5 Baths
    • 2,858 Sq Ft
    • 2214 Hoskins Dr
    • Houston, TX

    Welcome To This One Of A Kind! Entering Through The Private Gate, Indulge Yourself In The Privacy Of This Spacious 36,540 sq.ft. Lot Located In A Serene Neighborhood. A Perfect Blend Of Modern Luxury & Timeless Design This Beautifully Updated Modern Home Seamlessly Integrates With The Outdoors Creating An Inviting Atmosphere. Entering Through The Modern Steel & Glass Front Doors Set The Tone For

    Sheryl Davis Compass RE Texas, LLC - Houston

    Section Image
  • 6614 London St Unit 12, Houston, TX 77021

    $1,600,000

    • 2 Beds
    • 1 Bath
    • 8,400 Sq Ft
    • 6614 London St
    • Unit 12
    • Houston, TX

    CASH COW INVESTMENT OPPORTUNITY 8% CAP RATE. The property consists of 3 buildings 6614, 6618 and 6622 London Street. This property features 12 units, all 2 bedrooms and 1 bathroom, providing excellent marketability. 100% OCCUPIED AND FULLY LEASED. Ample off-street parking for each tenant as well as guest parking. The property thrives due to its proximity to U of H, the Medical Center,

    Jay Thomas eXp Realty LLC

    Section Image
See All Homes in Houston

Source: Houston Association of REALTORS®

MLS Number: 40303779

Houston Association of REALTORS®

APN: 0552280660001

Texas Harris County Houston 77037 Aldine

511 Gulf Bank Rd Unit 5, Houston, TX

This home is located at 511 Gulf Bank Rd Unit 5, Houston, TX 77037 and is currently priced at $1,800,000, approximately $310 per square foot. This property was built in 1960. 511 Gulf Bank Rd Unit 5 is a home located in Harris County with nearby schools including Hinojosa EC/PK/K, Raymond Academy, and Grantham Academy.

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.

Houston Association of REALTORS® Copyright 2025, Houston REALTORS® Information Service, Inc.
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.

Nearby Homes
Rafael Perez
Listing Agent
Rafael Perez
Section Image
CB&A, Realtors
(346) 485-4259