506 E 40th St,
Houston, TX 77022

2 beds • 2 baths • 1,361 sqft
506 E 40Th St, Houston, TX 77022 is a Residential House of 1,361 SqFt. built in 2015 on a 4,500 SqFt. lot within Harris county. It has 2 bedrooms, and 2 bathrooms. The latest transaction was a Warranty Deed purchase on 1/30/1998 for $144,200. Its current estimated value is $331,000 and is currently off-market.
Last Sold for $144,200
$331,000 estimate
Built in 2015
Last Sold in 1998
1,361 sqft
4,500 lot size
$243 /sqft

Home Highlights

Interior

Bedrooms & Bathrooms • Bedrooms: 2 • Bathrooms: 2

Cooling

• Central

Parking

Parking Information

• Garage Features: Carport

Construction

Type & Styling • Home Type: Single Family • Property Subtype: Residential • Building Style: Brick • Building Quality: C
Condition • Year Built: 2015 • Flood Zone: X - Low/Medium Risk

School Information & Subdivision

School Information

• School District (County): Houston Independent School District

Subdivision Information

• Subdivision: Independence Heights School

Financial

• Purchase Method: Financed • Owners / Type: 1 / Individual • Open Loans / Balance: 1 / $15,900 • Est. Rent / Gross Yield: $2,472 / 8.96 %
• Taxes Assessed Value: $337,807 • APN: 021-126-000-0030
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property public records template

Public records available for owners of 506 E 40th St, Houston, TX 77022

  • Contact Information
  • Current & Past Addresses
  • Properties & Assets
  • Businesses & Licenses

Market Analysis

Estimated Value History

According to our records, the estimated value for 506 E 40Th St, Houston, TX 77022 has increased by 34 % in the last 4 years.
YearEstimated value improvementAppreciation
2025$337,807$5,393 +2 %
($4/sqft)
2024$332,414$7,020 +2 %
($5/sqft)
2023$325,394$36,505 +13 %
($27/sqft)
2022$288,889$36,588 +15 %
($27/sqft)
2021$252,301-

Estimated Home Value Comparison

Compared to other properties in Houston, 506 E 40th St is valued 16.5 % higher than the neighborhood median, 16.5 % higher than the average home price, and 56.8 % lower than the typical price per square foot.
By Neighborhood Houston, TX
Median Home Value
$284,000 16.5 %
Average Home Value
$284,000 16.5 %
Average Price Per SqFt.
$563.21 56.8 %
By ZIP Code 77022
Median Home Value
$255,000 29.8 %
Average Home Value
$255,000 29.8 %
Average Price Per SqFt.
$203.6 19.4 %

Price history & Tax Information

Price History

506 E 40Th St, Houston, TX 77022 was last sold for $144,200 on 1/30/1998.
DateAmountTermEvent
1/30/1998$144,200360Warranty Deed
9/12/1994--Warranty Deed
9/1/1994$8,800360Warranty Deed

Tax History

According to public records, in 2024, property tax for 506 E 40Th St, Houston, TX 77022 increased by $57 (10 %).
YearAssessed ValueTax AmountTax Rate (%)Change RateImprovement Value
2025$337,807--2 %$211,807
2024$332,414$6020 %2 %$206,414
2023$325,394$5450 %-$199,394

Nearby Schools provided by great schools icon

There are 18 schools nearby Houston, TX which include the following district(s): Houston Independent School District, KIPP Texas Public Schools, and Aldine Independent School District.

Preschool

6/10
Herrera Elementary School Public • PK, K-5
7/10
Burbank Elementary School Public • PK, K-5
8/10
Burrus Elementary School Public • PK, K-5
7/10
Janowski Elementary School Public • PK, K-5
7/10
Kennedy Elementary School Public • PK, K-5

Elementary schools

6/10
Herrera Elementary School Public • PK, K-5
7/10
Burbank Elementary School Public • PK, K-5
8/10
Burrus Elementary School Public • PK, K-5
7/10
Janowski Elementary School Public • PK, K-5
7/10
Kennedy Elementary School Public • PK, K-5

Middle schools

7/10
Burbank Middle School Public • 6-8
N/A
Helmers Street Christian School Private • PK, K-8
5/10
KIPP 3D Academy Charter • 5-8
N/A
Highpoint School East Public • 8-11
N/A
Pinnacle Middle & Ninth Grade Center Private • 8-9

High schools

N/A
Highpoint School East Public • 8-11
9/10
North Houston Early College High School Public • 9-12
3/10
KIPP Generations Collegiate Charter • 9-12
N/A
Health And Human Service Academy Private • 9-12

Comparables

There is currently 1 comparable. Here's the most similar home for sale in Houston, TX.
Address Property Type Beds Baths Sqft Distance
502 E 41st St, Houston, TX 77022 House 3 2 1,558 0.1 mi

Owners & Tenants

FVqQicNLiK has owned this property for the last 343 months, and currently does have this property as their primary residence. Other people linked to the property include: Britney Jones
Britney Jones Houston, TX Current location
Age 39 Related to Ashlei Jones, Britney Jones, Michael Jones
Mark Vance Houston, TX Current location
Age 66 Lived in Cleveland, TX Magnolia, TX Related to Sheritta Vance, Alese Vance, Betty Vance Also known as Mark Vanc

Investment Analysis

Est. Rent $2,472 Tax Delinquency Yes Gross Yield 8.96 % Short Sale No Owner/Type 1 / Individual Vacant No

Liens, Foreclosure, Eviction & Probate

Uncover records with Liens, Evictions, and Foreclosures associated with 506 E 40th St, Houston, TX 77022.
Pre-foreclosure No Property Line No Pre-probate No

77022 Housing Profile

According to public records, 48 % of residents in the 77022 area are homeowners, while the remaining 52 % rent their homes. The median rent is $1,047, and the average household size is 2.86 people per home.