514 E 40th 1/2 St, Houston, TX 77022
Property image
Property image
OFF MARKET

$275,200

Trulia Estimate
  • 3 Beds
  • 2,024 sqft

514 E 40th 1/2 St, Houston, TX 77022

Independence Heights
Est. Refi. Payment $1,953/mo*
Refinance Your Home

Home Value

Trulia Estimate
$275K
Since last month
Increased$200 (+0.1%)
Since last year
Decreased$15K (-5.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +108% in the last 10 years
MonthEstimated value
2026
September 2026$269K
August 2026$268K
July 2026$269K
June 2026$272K
May 2026$264K
April 2026$270K
March 2026$276K
February 2026$279K
January 2026$270K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3327 Cornell Street #A B, Houston, TX
0.44
Multi-Family Home
-
10/09/25
2
2
2,265
2810 Princeton St, Houston, TX
0.80
Multi-Family Home
-
10/20/25
3
4
2,650
3213 Hinton Blvd, Houston, TX
0.72
Multi-Family Home
-
12/04/25
6
4
2,762
1521 Columbia St, Houston, TX
1.63
Multi-Family Home
-
10/14/25
2
2
1,516
319 W 10th St #A, Houston, TX
2.36
Multi-Family Home
-
08/22/26
2
3
2,000
3711 Reagan Street, Houston, TX
2.33
Multi-Family Home
-
06/02/26
1
1
3,478
907 Heights Boulevard, Houston, TX
2.46
Multi-Family Home
-
07/15/26
2
2
3,410
3614 Billingsley Street, Houston, TX
2.75
Multi-Family Home
-
10/02/25
3
2
1,540
2422 Freeman Street, Houston, TX
3.27
Multi-Family Home
-
11/05/25
2
1
1,976
1406 Homer St #5, Houston, TX
3.30
Multi-Family Home
-
07/07/26
4
2
1,872

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
8020 N Main St, Houston, TX 77022
0.06
$225,000
-
-
-
For Sale
505 E 40th St, Houston, TX 77022
0.02
$579,400
3
-
1,582
Off Market
421 E 41st St, Houston, TX 77022
0.07
$699,990
3
3
3,550
For Sale
7918 N Main St, Houston, TX 77022
0.06
$915,000
2
2
1,326
For Sale
8013 N Main St #8, Houston, TX 77022
0.09
$124,095
-
-
-
For Sale
414 E 40th 1/2 St #1-2, Houston, TX 77018
0.09
$147,000
-
-
-
For Sale
510 E 40th St, Houston, TX 77022
0.05
$115,000
-
-
-
For Sale
402 E 42nd St, Houston, TX 77022
0.11
$220,000
-
-
-
For Sale
307B E 40th St, Houston, TX 77018
0.12
$294,100
3
2.5
1,791
Off Market
307 E 40th Street #A, Houston, TX 77018
0.13
$318,000
3
2.5
1,791
Off Market
305 E 40th Street #B, Houston, TX 77018
0.13
$303,700
3
2.5
1,791
Off Market
305A E 40th St, Houston, TX 77018
0.14
$304,100
3
2.5
1,791
Off Market

Local Information

  • Map ViewExplore the area around 514 E 40th 1/2 St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1958
2,024 sqft
$136/sqft

About this House

Great opportunity to own investment property in Independence Heights. Blocks away from the new whole Foods Market. Cute and charming duplex. Fresh paint and appliances with washer and dryer in both units. Beautiful laminate wood floors. Gated with ample parking. Close to Galleria, Downtown and Med Center.
514 E 40th 1/2 St, Houston, TX 77022 is a 3 bedroom, 2,024 sqft multi-family in Independence Heights, built in 1958. More recently, it was listed as a rental in October 2014 with an asking price of $1,000 per month. That rental listing was removed on November 25, 2014. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $275,200, with a rent estimate of $1,490/month.

Home Details for 514 E 40th 1/2 St

Interior Features

Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Linoleum Vinyl
Interior Details
Number of Rooms: 9Types of Rooms: Breakfast Nook
Appliances & Utilities
Refrigerator
Heating & Cooling
Air ConditioningCooling System: Central

Exterior Features

Exterior Home Features
Roof: CompositionExterior: Stone, Brick, Cement ConcreteFoundation Type: Slab

Property Information

Year Built
Year Built: 1958Year Updated: 2008
Property Type / Style
Property Type: Multi FamilyArchitecture: Other

Community

Units in Building: 2

Lot Information

Lot Area: 5005 sqft

Price and Tax history

DateEventPrice
Feb 25, 2019
Source: Agent Provided
ListingRemoved
$299,000
Dec 23, 2018
Source: Agent Provided
Listed For Sale
$299,000
Jul 6, 2016
Source: Agent Provided
ListingRemoved
$198,000
May 19, 2016
Source: Agent Provided
Listed For Sale
$198,000
Mar 31, 2016
Source: Agent Provided
ListingRemoved
$198,000

Market trends in Houston

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$318K
$1.67KMoM
Sale-to-List Price
98.1%
0.1%MoM
Price per sq ft
$161
$1MoM
Available listings
13148
28MoM

Around this home

Neighborhood Overview

Independence Heights
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Independence Heights

At least 80 Trulia users voted on each feature.

  • 81 % Say car is needed

  • 81 % Say yards are well-kept

  • 72 % Say it's dog friendly

  • 70 % Say parking is easy

  • 65 % Say there's holiday spirit

  • 63 % Say they plan to stay for at least 5 years

  • 63 % Say kids play outside

  • 56 % Say there are sidewalks

  • 53 % Say it's quiet

  • 51 % Say neighbors are friendly

  • 47 % Say streets are well-lit

  • 43 % Say it's walkable to grocery stores

  • 42 % Say it's walkable to restaurants

  • 39 % Say people would walk alone at night

  • 38 % Say there's wildlife

  • 29 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "depends on what's going on and where it's happening at. also who is sponsoring the event because most of the event are family "
    0
    Flag
  • Trulia User
    "Pretty much everyone owns a dog, so pretty much no one is bothered about issues with another ones dog. No one is bothered by the barking or and no one really lets their dog run the neighborhood."
    1
    Flag
  • Trulia User
    "To me is not safe to live in that area or to raise a family. Their schools are not that great but decent"
    1
    Flag
  • Trulia User
    "Need dog park and some dog friendly coffee shops and restaurants. Pet store would be nice Walking trail to the dog park will help a lot "
    1
    Flag
  • Trulia User
    "Nice up and coming area. Many families moved in to this location. Close to shops and restaurants. Easy access to major street and highways."
    0
    Flag
  • Katie B.
    "I’ve lived here since 2015 and I absolutely love it. I feel very safe here the neighbors are friendly and look out for each other. The recent gentrification is changing the neighborhood but overall I still like it. "
    6
    Flag
  • Dazzlyn M.
    "nice for it to be so populated, and most of the people around the area been here for a long time. schools are in the area."
    0
    Flag
  • Justin H.
    "A lot of people here let their dogs come into your yard and poop. It’s pretty bad. A lot of folks also do not keep their dogs locked in their property so if you are out walking expect yo run into other loose dogs. Finally many residents don’t use leashes when walking their pups "
    4
    Flag
  • A.taylor_amt
    "Very close to downtown. Able to get to Galleria less than 10 mins. Good known schools around. Can catch any freeway in minutes!"
    1
    Flag
  • Kethabjones
    "My neighborhood is close to downtown most of the families here have been here for over 20yrs so its friendly, it's crazy at times, sometimes its quite but it's all what you make it. just as any other place would live "
    3
    Flag
  • Rhonda_mccllgh
    "It’s close to all the main freeways so you’re close to the Galleria and very close to Downtown Houston."
    0
    Flag
  • Jason A. H.
    "You always see people at the parks and gathered at churches. Everybody is kind and friendly. I know all of my neighbors and feel like we look out for each other. "
    0
    Flag
  • Miggssixxx66
    "do not move here! it's still going under gentrification which means there are still a lot of prostitutes and thieves the walk the streets at night my car gets broken into pretty regularly to the point where I don't even lock it anymore or keep valuables inside just to make it easier for someone to see there's no need to break my windows. if you're dumb enough to fall for the cheap rent that's your fault"
    9
    Flag
  • Nakia W. .
    "as a dog owner I personally like the parks in my area plus the kind and understanding heart's for their breed. I own 2 American Bullys that are well trained and playful "
    1
    Flag
  • Nakia W. .
    "The neighborhood is starting to look and feel a lot better some days more than others................................................................"
    1
    Flag
  • Joeyecardona2708
    "I just moved into the neighborhood 2 months ago, and it’s been great. So close to Down Town and a lot of restaurants. "
    9
    Flag
  • Ameliavirginiarodriguez
    "Safety... good schools... parks... grocery stores... close to downtown... airports... crime rate... "
    0
    Flag
  • Theresaj56
    "I have lived in this community for over 45 years my parents and family also lived here for over 80 years this is our home and we love it here"
    10
    Flag
  • lisa v.
    "What makes this neighborhood unique is the neighbors. Don't do it, you will regret it. I wake up to gun shots at least once a week. The parking is horrible. Don't have gatherings cause neighbor will harass guest. Home is beautiful but area is horrible."
    38
    Flag
  • nisaya111
    "I live here and I think its beautiful I just love the outdoors we had so many party's their just beautiful "
    3
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 514 E 40th 1/2 St

  • What is 514 E 40th 1/2 St estimated to be worth?
    Trulia's estimated value for 514 E 40th 1/2 St in Houston, TX is $275,200.
  • Is Houston a buyer's or seller's market?
    Houston is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Houston?
    The median sale price in Houston is $318K. That is up $1.67K from the prior month.
  • What do residents say about the Independence Heights neighborhood?
    Residents describe the Independence Heights neighborhood in Houston, TX as well-kept, dog-friendly, and easy to park in. Most residents say you need a car. See recently sold homes in Independence Heights, Houston.
  • Does 514 E 40th 1/2 St have air conditioning?
    Yes, 514 E 40th 1/2 St in Houston, TX has air conditioning.

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Explore by feature - Outdoor Space

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