515 E  40th St, Houston, TX 77022
Property image
Property image
OFF MARKET

$132,100

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 900 sqft

515 E 40th St, Houston, TX 77022

Independence Heights
Est. Refi. Payment $997/mo*
Refinance Your Home

Home Value

Trulia Estimate
$132K
Since last month
Decreased$2K (-1.1%)
Since last year
Decreased$1K (-1%)
Since last sale
Increased$131K (+11,387%)
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 +20% in the last 10 years
MonthEstimated value
2026
September 2026$132K
August 2026$134K
July 2026$136K
June 2026$134K
May 2026$132K
April 2026$130K
March 2026$129K
February 2026$128K
January 2026$128K
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
0.16
Single-Family Home
-
02/26/26
2
1
1,168
0.18
Single-Family Home
-
12/12/25
3
2
1,365
0.24
Single-Family Home
-
01/21/26
2
1
1,240
0.13
Single-Family Home
-
12/12/25
3
2.5
1,521
0.46
Single-Family Home
-
12/19/25
3
1
1,125
0.15
Single-Family Home
-
12/30/25
3
2.5
2,058
0.53
Single-Family Home
-
01/07/26
2
1
921
0.74
Single-Family Home
-
12/18/25
2
1
862
0.50
Single-Family Home
-
07/15/26
3
2
1,086
0.50
Single-Family Home
-
05/29/26
3
1
1,512

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
0.01
-
3
-
928
Off Market
0.01
$176,400
2
2
792
Off Market
0.02
$137,000
3
1
1,319
Off Market
0.02
$264,100
4
2
798
Off Market
0.02
$307,900
2
2
1,248
Off Market
0.02
$337,700
3
2
1,478
Off Market
0.02
$301,700
4
3
1,600
Off Market
0.02
$578,900
3
-
1,582
Off Market
0.02
$262,700
3
-
2,024
Off Market
0.02
$319,600
6
3
2,100
Off Market
0.02
$319,200
3
2
2,024
Off Market
0.02
$318,700
3
2
1,200
Off Market
0.03
$329,700
3
2
1,478
Off Market
0.03
$306,600
3
3
1,559
Off Market
0.03
$275,500
3
2
1,384
Off Market
0.03
$296,600
3
2.5
1,521
Off Market
0.03
$102,600
1
1
392
Off Market
0.03
$463,100
3
2.5
2,501
Off Market
0.03
$115,000
-
-
-
For Sale
0.03
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 515 E 40th St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1950
900 sqft
$147/sqft

About this House

What's unique:Updated bathroomCentral airSuper cute front porchFenced-in backyardElectric rangePrivate parking area
This single-family home is located at 515 E 40th St, Houston, TX. 515 E 40th St is in the Independence Heights neighborhood in Houston, TX and in ZIP code 77022. This property has 2 bedrooms, 1 bathroom and approximately 900 sqft of floor space. This property has a lot size of 3200 sqft and was built in 1950.
515 E 40th St, Houston, TX 77022 is a 2 bedroom, 1 bathroom, 900 sqft single-family home in Independence Heights, built in 1950. It was last sold on Oct 3, 2020. More recently, it was listed as a rental in September 2025 with an asking price of $1,395 per month. That rental listing was removed on September 23, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $132,100, with a rent estimate of $1,737/month.

Home Details for 515 E 40th St

Interior Features

Heating & Cooling
Heating: GasAir ConditioningHeating Fuel: Gas
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Hardwood
Interior Details
Number of Rooms: 4Ceiling Fan
Appliances & Utilities
DryerRefrigeratorWasher

Exterior Features

Exterior Home Features
Roof: OtherExterior: Cement ConcreteFoundation Type: Crawl Raised
Parking & Garage
Parking: None

Property Information

Year Built
Year Built: 1950Year Updated: 1950
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 3200 sqft

Price and Tax history

DateEventPrice
Sep 23, 2025
Source: HAR #17692144
ListingRemoved
$1,395
Sep 6, 2025
Source: HAR #17692144
Listed For Rent
$1,395
Jul 18, 2025
Source: HAR #25795631
ListingRemoved
$1,395
Jul 7, 2025
Source: HAR #25795631
Listed For Rent
$1,395
Feb 14, 2023
Source: HAR
ListingRemoved

Market trends in Houston

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

Neighborhood Overview

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 "
  • 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."
  • 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"
  • 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 "
  • 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."
  • Katie B.
    "Iโ€™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. "
  • 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."
  • Justin H.
    "A lot of people here let their dogs come into your yard and poop. Itโ€™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 donโ€™t use leashes when walking their pups "
  • 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!"
  • 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 "
  • Rhonda_mccllgh
    "Itโ€™s close to all the main freeways so youโ€™re close to the Galleria and very close to Downtown Houston."
  • 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. "
  • 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"
  • 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 "
  • Nakia W. .
    "The neighborhood is starting to look and feel a lot better some days more than others................................................................"
  • Joeyecardona2708
    "I just moved into the neighborhood 2 months ago, and itโ€™s been great. So close to Down Town and a lot of restaurants. "
  • Ameliavirginiarodriguez
    "Safety... good schools... parks... grocery stores... close to downtown... airports... crime rate... "
  • 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"
  • 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."
  • nisaya111
    "I live here and I think its beautiful I just love the outdoors we had so many party's their just beautiful "

LGBTQ Local Legal Protections

Frequently asked questions about 515 E 40th St

  • What is 515 E 40th St estimated to be worth?
    Trulia's estimated value for 515 E 40th St in Houston, TX is $132,100.
  • What is the price history for 515 E 40th St?
    515 E 40th St in Houston, TX last sold in October 2020.
  • 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.
  • Does 515 E 40th St have laundry facilities?
    Yes, 515 E 40th St in Houston, TX has in-unit laundry.
  • How big is the lot at 515 E 40th St?
    The lot at 515 E 40th St in Houston, TX is about 0.07 acres (3,200 sq ft).

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