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$221,253
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Property Description
Location Location !! 5400 sq ft, vacant corner lot with great access at the intersection of N Main & E 40th Street in the blooming & developed Independence Heights Neighborhood with tons of potential for new construction projects Close proximity to 45 and heights. There is new construction all around; don't miss out on this chance to invest in one of the most sought-after neighborhoods.
Full Property Details
Full Property Details for 327 E 40th St
General
- Price: $221,253
- Taxes: $3,264 (2023)
- Status: Active
- Type: Lots/Land
- Source: Houston
- MLS ID: 28688534
- Updated: 12/23/2025
- Added to Site: 374 day(s) ago
Location
- Area: 9
- County: Harris
- Subdivision: Independence Heights
- Driving Directions: From 290 E to Houston take 610 N exit and merge on 610E; exit 16B towards N Main st. Turn left on N Main st. The vacant lot is on the intersection corner of N Main st and E 40th st on the left side behind the bus stop.
School Information
- Elem School District: 27 - Houston
- Midd School District: 27 - Houston
- High School District: 27 - Houston
- Elementary School: BURRUS ELEMENTARY SCHOOL
- Middle School: WILLIAMS MIDDLE SCHOOL
- High School: WASHINGTON HIGH SCHOOL
Utilities
- Water: Public
Structural Information
- Architectural Style: Patio Home
Lot Features
- Lot Size (Acres): 0.124
- Lot Size Source: Appraiser
- Lot Features: Corner Lot
- Potential Use: Residential
Financial Considerations
- Tax Amount: $3,264
- Tax Year: 2023
- Terms: Cash, Conventional, Investor Financing
Disclosures and Reports
- Legal Description: TRS 6A & 7A BLK 2 INDEPENDENCE HEIGHTS
- Legal Disclosures: None
- APN: 021-072-000-0006
Listed by SMB Realty, LLC (281) 656-2152, Rashida Nagarwala (832) 275-5152
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Schools
Schools serving 327 E 40th St
School District:Houston Independent School District
| Name | Grades | Distance |
|---|---|---|
Burrus Elementary School 701 East 33rd Street, Houston, TX 77022 | K-5 | 0.4 mi |
Williams Middle School 6100 Knox Street, Houston, TX 77091 | 6-8 | 2.8 mi |
Washington B T High School 4204 Yale Street, Houston, TX 77018 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 327 E 40th St
Date
Details
Price
Change
Source
1/09/2025
Listed
$221,253
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 327 E 40th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,390
31%
$162,000
—
2020
$2,591
-13%
$162,000
—
2022
$2,973
18%
$162,000
50%
2021
$2,517
92%
$108,000
—
2020
$1,308
—
$108,000
100%
2019
$1,308
-4%
$54,000
—
2018
$1,366
67%
$54,000
67%
2017
$819
—
$32,400
—
2016
$819
—
$32,400
—
2015
$821
—
$32,400
71%
2015
$821
70%
$18,900
—
2013
$484
—
$18,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 327 E 40th St
327 E 40th Street, Houston, TX 77018 (MLS# 28688534) is a Lots/Land property with a lot size of 0.124 acres. 327 E 40th Street is currently listed for $221,253 and was received on January 09, 2025. Want to learn more about 327 E 40th Street? Do you have questions about finding other Lots/Land real estate for sale in Houston? You can browse all Houston real estate or contact a Coldwell Banker agent to request more information.

