NOT LISTED FOR SALE

515 E 40th St Houston, TX 77022

Independence Heights Neighborhood

Estimated Value: $164,515 - $203,000

2 Beds
1 Bath
900 Sq Ft
$213/Sq Ft Est. Value

Highlights

  • Traditional Architecture
  • Granite Countertops
  • Bathtub with Shower
  • Wood Flooring
  • Breakfast Bar
  • Living Room

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

SERHANT. License #0744711 Listed on: 09/06/2025

SERHANT.

Last Renter's Agent

Briana Paymon

Lion Drive Realty License #0825113

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2014
Sold by
Bhagat Sunil and Bhagat Akash
Bought by
Current Estimated Value
$191,879

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
New Century Mortgage Corp
Bought by
Deutsche Bank National Trust Co and New Century Home Equity Loan Trust Serie
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Independence Heights, TX

  • Anna Wise Real Estate Agent - Wise Choice Realty Group

    Anna Wise

    Wise Choice Realty Group

    (888) 401-3803

    23 Total Sales

    1 in Independence Heights

    $180,000 Price

    Anna Wise
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  • Jay Thomas Real Estate Agent - eXp Realty LLC

    Jay Thomas

    eXp Realty LLC

    (832) 924-8167

    245 Total Sales

    1 in Independence Heights

    $145,000 Price

    Jay Thomas
     Section Image
  • Joseph Cummings Real Estate Agent - Compass RE Texas, LLC - Houston

    Joseph Cummings

    Responds Quickly

    Compass RE Texas, LLC - Houston

    (844) 783-1596

    32 Total Sales

    1 in Independence Heights

    $410,000 Price

    Joseph Cummings
     Section Image
  • Erica Mouton Real Estate Agent - Divine Dreams Real Estate

    Erica Mouton

    Divine Dreams Real Estate

    (832) 589-1576

    107 Total Sales

    1 in Independence Heights

    $110,000 Price

    Erica Mouton
     Section Image
  • Cherri Thomas Real Estate Agent - Pine Forest Group

    Cherri Thomas

    Pine Forest Group

    (855) 709-3721

    21 Total Sales

    1 in Independence Heights

    $150,000 Price

    Cherri Thomas
     Section Image
  • Monty Singh Real Estate Agent - RE/MAX Universal

    Monty Singh

    RE/MAX Universal

    (832) 742-7687

    159 Total Sales

    1 in Independence Heights

    $420,000 Price

    Monty Singh
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Frontier Title Co
Bhagat Sunil -- Startex Title Company
Soares Fabricio Smith -- Stewart Title Houston Div
Deutsche Bank National Trust Co -- Fidelity Natl Title Ins Co
Soares Properties Llc -- Fidelity Natl Title Ins Co
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,802 $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

  • GH

    Landlord's Agent in 2025

    Genevieve Hartley

    SERHANT.

    (720) 862-6250

    1 in this area

    49 Total Sales

    Genevieve Hartley
    Section Image

  • BP

    Tenant's Agent in 2025

    Briana Paymon

    Lion Drive Realty

    (313) 542-5156

    Briana Paymon
    Section Image

  • PD

    Seller's Agent in 2023

    Pravin De Silva

    Orchard Brokerage

    Section Image
  • Steven Kinne Real Estate Agent - SERHANT.

    Seller's Agent in 2020

    Steven Kinne

    SERHANT.

    (281) 610-3625

    8 in this area

    393 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

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 2026, 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.

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