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$184,900
$900Reward *
414 E 40th 1/2 Street, Houston, TX 77018Listing ID 98021672

414 E 40th 1/2 Street, Houston, TX 77018

Active
MAGNOLIA VILLAS
Time on site: 12 days • Last updated: Aug 5, 2026
Property Type
Property Type
Land
Property Sub Type
Property Sub Type
-
Acres
Acres
0.11
Days on Site
Days on Site
11

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!

Property Information

Property Details

Location

Address
414 E 40th 1/2 Street
County
Harris
City
Houston
Zip Code
77018
Subdivision
MAGNOLIA VILLAS
School District
27 - Houston
High School
WASHINGTON HIGH SCHOOL
Elementary School
KENNEDY ELEMENTARY SCHOOL (HOUSTON)
MLS Area
9

Property Taxes

Tax Annual Amount
$2,153
Tax Year
2025
Cornerstone Real Estate Alliance, LLC, (281) 300-0334

Market Report for 77018

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Houston REALTORS® Information Services, Inc.
Houston REALTORS® Information Services, Inc. logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2026 Houston Realtors Information Services, Inc. All information provided should be independently verified.

For corrections to this data please contact Brytecore MLS Support.

PERIVERA