NOT LISTED FOR SALE

515 E 40th St Houston, TX 77022

Independence Heights Neighborhood

Estimated Value: $161,669 - $215,000

2 Beds
1 Bath
900 Sq Ft
$219/Sq Ft Est. Value

Highlights

  • Traditional Architecture
  • Granite Countertops
  • Breakfast Bar
  • Wood Flooring
  • Window Unit Cooling System
  • Bathtub with Shower

About This Home

As of October 2025

Super cute 2 bedroom for lease! Located just North of Downtown Houston and easy access to major roadways for an easy commute. Call for an appointment today!

Last Agent to Rent the Property

Genevieve Hartley

Compass RE Texas, LLC - Houston License #0744711 Listed on: 09/06/2025

Compass RE Texas, LLC - Houston

Last Renter's Agent

Briana Paymon

Dalton Wade Inc License #0825113

Dalton Wade Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 3,200 Sq Ft Lot
  • Back Yard Fenced

Home Design

  • Traditional Architecture

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Eco-Friendly Details

  • Energy-Efficient Thermostat

Schools

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

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Window Unit Heating System
  • Programmable Thermostat
  • No Utilities

Community Details

  • School Add/Independence Heights Subdivision

Listing and Financial Details

  • Property Available on 7/7/25
  • Long Term Lease

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

3,200 Sq Ft Lot

Rental Info

  • Lease Term: Long Term
  • Available Date: 2025-07-07

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential Lease
  • Building Stories: 1
  • Year Built: 1950
  • Lot Size Acres: 0.0735
  • Subdivision Name: School Add/Independence Heights
  • Architectural Style: Detached, Traditional
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Thermostat
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached,Single Family Residence
  • Pets No Pets Comments: PetDepositDescription:Approval Required on a case by case basis
  • UniversalParcelId: urn:reso:upi:2.0:US:48201:021-127-000-0006
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Washer/Dryer Stacked, Electric Oven, Electric Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Granite Counters, Tub Shower, Window Treatments, Ceiling Fan(s), Kitchen/Dining Combo, Programmable Thermostat
  • Living Area: 900.0
  • Dining Room Type: Kitchen, Living Room
  • Stories: 1
  • Window Features: Window Coverings

Exterior Features

  • Disclosures: Other
  • Fencing: Back Yard
  • Lot Features: Subdivision, Street Level
  • Pool Private: No
  • Exterior Features: Fence, Private Yard

Utilities

  • Utilities: None
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Stacked
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Window Unit
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Conditional, Pet Deposit

Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2014
Sold by
Bhagat Sunil and Bhagat Akash
Bought by
Sab Investments Llc 515 E 40Th Street Se
Current Estimated Value
$194,757

Purchase Details

Closed on
Dec 26, 2012
Sold by
Soares Fabricio Smith
Bought by
Bhagat Sunil and Bhagat Akash

Purchase Details

Closed on
Apr 7, 2008
Sold by
Soares Properties Llc
Bought by
Soares Fabricio Smith

Purchase Details

Closed on
Aug 23, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Soares Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sab Investments Llc 515 E 40Th Street Se -- Frontier Title Co
Bhagat Sunil -- Startex Title Company
Soares Fabricio Smith -- Stewart Title Houston Div
Soares Properties Llc -- Fidelity Natl Title Ins Co
Deutsche Bank National Trust Co -- Fidelity Natl Title Ins Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2025 10/15/25 Off Market $1,150 -- --
10/03/2025 10/03/25 Rented $1,395 0.0% --
09/22/2025 09/22/25 Under Contract -- -- --
09/06/2025 09/06/25 For Rent $1,395 +7.4% --
02/28/2023 02/28/23 Rented $1,299 0.0% --
02/14/2023 02/14/23 Under Contract -- -- --
02/08/2023 02/08/23 For Rent $1,299 +4.0% --
11/20/2021 11/20/21 For Rent $1,249 0.0% --
11/20/2021 11/20/21 Rented $1,249 +8.6% --
10/03/2020 10/03/20 Rented $1,150 0.0% --
09/25/2020 09/25/20 For Rent $1,150 0.0% --
09/25/2020 09/25/20 Rented $1,150 -- --
Source: Houston Association of REALTORS®

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
2025 $2,990 $131,839 $89,600 $42,239
2024 $2,990 $142,878 $89,600 $53,278
2023 $2,990 $129,377 $89,600 $39,777
2022 $2,901 $131,738 $76,800 $54,938
2021 $2,750 $118,000 $64,000 $54,000
2020 $2,314 $95,544 $64,000 $31,544
2019 $2,596 $103,330 $56,000 $47,330
2018 $2,387 $94,501 $46,080 $48,421
2017 $1,896 $75,000 $34,560 $40,440
2016 $1,634 $64,605 $26,880 $37,725
2015 $1,242 $53,942 $15,360 $38,582
2014 $1,242 $48,328 $15,360 $32,968
Source: Public Records

Agents Affiliated with this Home

  • G

    Landlord's Agent in 2025

    Genevieve Hartley

    Compass RE Texas, LLC - Houston

    (720) 862-6250

    1 in this area

    47 Total Sales

    Genevieve Hartley
    Section Image

  • B

    Tenant's Agent in 2025

    Briana Paymon

    Dalton Wade Inc

    (313) 542-5156

    Briana Paymon
    Section Image

  • P

    Seller's Agent in 2023

    Pravin De Silva

    Orchard Brokerage

    Section Image
  • Steven Kinne

    Seller's Agent in 2020

    Steven Kinne

    Compass RE Texas, LLC - Houston

    (281) 610-3625

    9 in this area

    418 Total Sales

    Steven Kinne
    Section Image
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Map

Source: Houston Association of REALTORS®

MLS Number: 17692144

Houston Association of REALTORS®

APN: 0211270000006

Texas Harris County Houston 77022 Independence Heights

515 E 40th St, Houston, TX

Not Listed for Sale

Detached

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