505 E 40th Street

Houston, TX 77022
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Sold
Sold
$70,001 - $80,000
Sold on December 23, 2019
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3,200 Lot Sqft
Lots

Home value comparables

Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

Current Valuations

Home Value Comparables
AVM Value
$493K
AVM Value
$379K
AVM Value
$475K
Value Range
$429K - $557K
Value Range
$357K - $401K
Value Range
$ 474,738
Confidence Score
87%

Margin of Error*: 13%
Confidence Score
96%

Margin of Error*: 6%
Confidence Score
NA
Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Zestimate Home Values are provided by Zillow, Inc. Use is subject to Zillow Terms of Use and are provided as-is, as-available.
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Description

BUY NOW, BUILD NOW! What a deal! Independence Heights lot - includes survey with elevation certificate, plans, soil report and permits! No waiting months for permits or delays to build! Tons of nearby development - to include a new Whole Foods! Just outside loop 610, close to downtown, the Heights, Garden Oaks and all the inner loop has to offer! Great opportunity for investors or for a primary residence! Get in while the area is still affordable.

MLS#
8628307
Sold Price Range
$70,001 - $80,000
Listing Status
Sold
Address
505 E 40th Street
City
State
TX
Zip Code
County
Legal Description
LT 3 BLK 57 INDEPENDENCE HEIGHTS SCHOOL
Property Type
Lots
Lot Size
3,200 Sqft./Appraisal District
Key Map©
453N
Market Area

Exterior

Lot Description
Interior, Level, Open, Subdivision
Cable
Available
Water Sewer
Public Sewer, Public Water
Phone
Available
Electric
Electric Available
Gas
Gas Available
Road Surface
Concrete
Unit Location
Interior,Level,Open,Subdivision

Lot information

Lot Size
3,200 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Additional information

List Type
Exclusive Right to Sell/Lease
Buyer Agent Compensation*
3%
Sub Agent Compensation*
0%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Financial

Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$873/2017
Tax Rate
2.5264

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Estimated electricity cost

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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

Nearby schools view nearby schools

Source

Houston Association of REALTORS
Source last updated Apr 28, 2024 at 07:17 PM
Listing last updated Dec 23, 2019 at 08:59 AM

505 E 40th Street, Houston, TX 77022. View photos, map, tax, nearby homes for sale, home values, school info...

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