414 E 40th 1/2 Street
Houston, TX 77018
0.11Acre(Lot)
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 thriv
Property Details
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What's Nearby
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Features
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Lot Information
Lot Dimensions: 53 x 92 x 50 x 92 Main Square Feet: 0.11249 Acres Lot Size Acres: 0.11249 Lot Size Square Feet: 4900.0644 Lot Description: ClearedProperty Information
Subdivision: Magnolia Villas Source Property Type: Land Postal Code Plus 4: 5938
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Listing Price Information
Listing Price: $184900 Cash, Conventional
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Tax Information
Parcel Number: 0620540210006 Tax Lot: 1, 2 Tax Year: 2025 Annual Tax: $2153 Tax Legal Desc: LT 1 AND 2 BLK 1 MAGNOLIA VILLAS
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School Information
Elementary School: Kennedy Elementary School (Houston)Junior High School: Williams Middle SchoolSenior High School: Washington High School -
Location Information
Direction: 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. WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 514 E 31st Street, Houston, TX, 77018 | $130,000 | -- | -- | -- | 0.07 Acre(Lot) |
| 421 E 34th Street, Houston, TX, 77018 | $399,900 | -- | -- | -- | 0.21 Acre(Lot) |
| 422 E 32nd Street, Houston, TX, 77018 | $300,000 | -- | -- | -- | 0.14 Acre(Lot) |
| 316 E 37th Street, Houston, TX, 77018 | $99,900 | -- | -- | -- | 0.06 Acre(Lot) |
| 301303 E 38 Street, Houston, TX, 77018 | $200,000 | -- | -- | -- | 0.15 Acre(Lot) |
| 211 E 43rd Street, Houston, TX, 77018 | $125,000 | -- | -- | -- | 0.05 Acre(Lot) |
| 221 E 33rd St St, Houston, TX, 77018 | $180,000 | -- | -- | -- | 0.06 Acre(Lot) |
| 220 E 37th Street, Houston, TX, 77018 | $146,000 | -- | -- | -- | 0.09 Acre(Lot) |
| 209 E 43rd Street, Houston, TX, 77018 | $125,000 | -- | -- | -- | 0.05 Acre(Lot) |
| 104 E 44th Street, Houston, TX, 77018 | $160,000 | -- | -- | -- | 0.03 Acre(Lot) |
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ByOwner last updated this listing 08/06/2026 @ 12:12
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