3 days on Rocket
#75519178, Amalia Bravo, Listing office: Realty Associates
Property details
About 306 E 40th St
Prime Opportunity in Rapidly Growing Independence Heights! Discover endless potential with this 3,000 sqft cleared residential lot, ideally located in the heart of Independence Heights—one of Houston’s fastest-growing neighborhoods. Just minutes from Downtown, this property is surrounded by new construction and beautifully remodeled homes, making it the perfect canvas for your next project. Whether you’re envisioning a custom dream home, a multi-unit development, or a smart investment property, this lot offers the ideal location and timing. Even better—the adjoining lot is also available, giving visionary developers a rare chance to build big and maximize value. Don’t miss out on this exceptional opportunity to invest in the future of a vibrant and evolving community. Opportunities like this don’t last long—secure your piece of Independence Heights today!
Highlights
Home typeOther
StatusActive
Lot size0.0689 Acres
MLS #14550433
Summary
- Architectural Style: Patio Home
- List Price: $95,000
- Annual Tax Amount: $1,692
- Tax Year: 2024
- Directions: Head north toward N Loop W/N Loop Fwy, Turn right onto N Loop W/N Loop W Fwy, Turn left onto Yale St, Turn Right onto E 39th St, Turn left onto Cortland St, Turn right onto E 40th St, Destination will be on the right.
- Lot Size: 0.0689 Acres
- MLS Number: 14550433
- MLS Name: HAR
- Office Name: Keller Williams Realty Southwest
- Office Phone: (281) 265-0000
- Office Email: frontdesk@kwsw.com
- Listing Agent: Reema Malhotra
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.
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Last updated on: 8/1/2025, 5:15:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $513,016 | $1,692 |
| 2023 | $84,000 | $1,439 |
History based on county public records data.
Nearby schools
2
Burrus Elementary School
Public Magnet EE-5
0.5 mi
•701 E 33rd St
4
Kennedy Elementary School
Public District EE-5
0.8 mi
•400 Victoria Dr
4
Garden Oaks Magnet
Public Magnet EE-5
1.1 mi
•901 Sue Barnett Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $39,104. The majority of Houston, TX residents have income between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
47%
<35k
50%
35k-100k
2%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
50%
Single, No Kids
17%
Single, with Kids
15%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
7%
12-17 yrs old
24%
18-34 yrs old
41%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
NHRA Drag Racing
Pro Boxing
Figure Skating
Where do the neighbors shop?
Big Lots
Family Dollar
Burlington
Where do the neighbors go to eat?
Golden Corral
White Castle
Church's Chicken
What do the neighbors drive?
Kia
Chevrolet
Cadillac
What do the neighbors listen to?
Adult Standards
Rock
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 306 E 40th St
The listing price of 306 E 40th St property is $95,000.
The property 306 E 40th St is land located in Houston, Texas, 77018.
Active Listing: 306 E 40th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 306 E 40th St are: Burrus Elementary School (GreatSchools Rating 2/10), Kennedy Elementary School (GreatSchools Rating 4/10), Garden Oaks Magnet (GreatSchools Rating 4/10), Hamilton Middle School (GreatSchools Rating 6/10), High School Ahead Academy (GreatSchools Rating 1/10), Burbank Middle School (GreatSchools Rating 6/10), Washington High School (GreatSchools Rating 2/10), Harper Disciplinary Alternative Education Program (GreatSchools Rating 1/10), North Houston Early College High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $1,692 (source: MLS/based on county public records data).
The property 306 E 40th St is 0.069 acres.
This home is located at 306 E 40th St in Houston, TX and zip code 77018 in the North Houston neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 29, 2025 and is currently priced at $95,000.
Houston, TX housing market in July 2025 saw over 312 listings sold above listed price, more than 460 sold at listed price and over 1449 sold below. The number of homes for sale in Houston, TX increased by 18.8% between June and July 2025. In July 2025, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $323,310.
From Rocket Homes Real Estate and based on county public records data.