707 E 40th 1/2 St Houston, TX 77022
Independence Heights NeighborhoodEstimated payment $873/month
About This Home
Investor & builder opportunity in one of Houston’s fastest appreciating neighborhoods! This 5,460 sq ft lot (60’ x 91.5’) is ideally positioned in a rapidly growing pocket near Independence Heights, surrounded by new construction and ongoing redevelopment.
The property is being offered at lot value, making it ideal for new construction. Utilities are available (not connected), and a recent survey is available. Strong potential for single-family construction, duplex development, or build + ADU strategy. Minutes from Downtown Houston, The Heights, and major highways including 610 & I-45.
Priced to sell.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,670
Year Built
- Built in 1938
Lot Details
- 5,460 Sq Ft Lot
- Lot Dimensions are 60 x 91.5
Home Design
- Composition Roof
Interior Spaces
- 1,025 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Burrus Elementary School
- Williams Middle School
- Washington High School
Community Details
- Whitney Place Sec 02 Subdivision
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,670 | $171,738 | $141,210 | $30,528 |
| 2024 | $3,670 | $175,403 | $141,210 | $34,193 |
| 2023 | $3,670 | $152,931 | $125,520 | $27,411 |
| 2022 | $1,670 | $152,931 | $125,520 | $27,411 |
| 2021 | $1,607 | $121,347 | $96,389 | $24,958 |
| 2020 | $1,518 | $110,989 | $89,433 | $21,556 |
| 2019 | $1,442 | $73,314 | $43,775 | $29,539 |
| 2018 | $0 | $57,630 | $31,380 | $26,250 |
| 2017 | $1,191 | $57,630 | $31,380 | $26,250 |
| 2016 | $1,083 | $45,295 | $20,920 | $24,375 |
| 2015 | $75 | $38,920 | $20,920 | $18,000 |
| 2014 | $75 | $45,627 | $14,383 | $31,244 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/25/2026 02/25/26 | For Sale | $110,000 | -- | $107 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Providence Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Houston Association of REALTORS®
MLS Number: 90132708
APN: 0610560230010
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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.
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Ask me questions while you tour the home.