Date
Details
Price
Change
Source
8/04/2026
Listed
$184,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/10
$184,900
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1/10
Property Description
TWO FULLY REPLATTED LOTS, CLEARED AND READY FOR DEVELOPMENT! This prime investment opportunity is located in the rapidly growing Independence Heights area. Together, the lots offer approximately 5,034 sq. ft., with each individual lot providing approximately 2,517 sq. ft. Purchase both lots for $184,900 or buy individually for $92,450 each. Conveniently located just minutes from Loop 610 and only 15 minutes from Downtown Houston, this property is surrounded by new construction and ongoing redevelopment, making it an excellent opportunity for builders, developers, and investors. Whether you're planning a custom home or your next investment project, these shovel-ready lots offer outstanding value in one of Houston's fastest-growing neighborhoods. Don't miss your chance to build in this thriving community!
Full Property Details
Full Property Details for 414 E 40th 1/2 St
General
- Price: $184,900
- Taxes: $2,153 (2025)
- Status: Active
- Type: Lots/Land
- Source: Houston
- MLS ID: 98021672
- Updated: 8/4/2026
- Added to Site: 16 day(s) ago
Location
- Area: 9
- County: Harris
- Subdivision: MAGNOLIA VILLAS
- Driving Directions: From downtown Houston, 59 North, 610 West, Exit North Main St, Right on North Main St, Left on E 40th 1/2 St. Lots are on the left.
School Information
- Elem School District: 27 - Houston
- Midd School District: 27 - Houston
- High School District: 27 - Houston
- Elementary School: KENNEDY ELEMENTARY SCHOOL (HOUSTON)
- Middle School: WILLIAMS MIDDLE SCHOOL
- High School: WASHINGTON HIGH SCHOOL
Utilities
- Sewer: Public Sewer
- Water: Public
Lot Features
- Lot Size (Acres): 0.1125
- Lot Size Source: Survey
- Lot Features: Cleared, Subdivision
- Potential Use: Single Family
Financial Considerations
- Tax Amount: $2,153
- Tax Year: 2025
- Terms: Cash, Conventional, Investor Financing
Disclosures and Reports
- Legal Description: LT 1 AND 2 BLK 1 MAGNOLIA VILLAS
- Legal Disclosures: None
- APN: 062-054-021-0006
- Lot Number: 1, 2
Listed by Cornerstone Real Estate Alliance, LLC (281) 300-0334, Patricia Rivera (281) 300-0334
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Listing agent
— 414 E 40th 1/2 St —
Patricia Rivera
Cornerstone Real Estate Alliance, LLC
281-300-0334
perivera.realtor@gmail.com
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 414 E 40th 1/2 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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 414 E 40th 1/2 St
Tax History
Tax History for 414 E 40th 1/2 St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,153
-11%
$101,301
-23%
2023
$2,419
—
$130,830
9%
2022
$2,419
15%
$120,060
—
2022
$2,098
—
$120,060
26%
2021
$2,098
-3%
$95,048
6%
2020
$2,159
98%
$90,045
100%
2019
$1,090
-4%
$45,000
—
2018
$1,139
50%
$45,023
50%
2017
$758
50%
$30,015
50%
2016
$506
—
$20,010
—
2015
$507
—
$20,010
45%
2015
$507
44%
$13,757
—
2013
$352
—
$13,757
—
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 414 E 40th 1/2 St
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- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 5Total Baths
- Single Family
- Active
- Updated 12 hours ago
- 3Beds
- 3Total Baths
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 1Total Bath
Listed by The Katherine Boddeker Group (713) 349-9700
414 E 40th 1/2 Street, Houston, TX 77018 (MLS# 98021672) is a Lots/Land property with a lot size of 0.1125 acres. 414 E 40th 1/2 Street is currently listed for $184,900 and was received on August 04, 2026. Want to learn more about 414 E 40th 1/2 Street? Do you have questions about finding other Lots/Land real estate for sale in Downtown Houston? You can browse all Downtown Houston real estate or contact a Coldwell Banker agent to request more information.