HOUSTON LAND FOR SALE · Active
414 E 40th 1/2 Street
414 E 40th 1/2 Street, Houston, TX 77018
$147,000
Asking price · MLS® #98021672
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A CLOSER LOOK
About this parcel.
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 $147,000 or buy individually for $73,500 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!
Description and property facts are supplied by the listing brokerage. Verify proposed use, dimensions, utility availability and development requirements for your plans.
Lot details
- Asking price
- $147,000
- Lot size
- 0.1125 acres
- Lot square feet
- 4,900
- Price / lot sq ft
- $30
- Subdivision
- Magnolia Villas
- Lot dimensions
- 53 x 92 x 50 x 92
- Utilities (MLS)
- Gas Availability Unknown, Cable Unknown, Electric Availability Unknown
- Water (MLS)
- Public
- Sewer (MLS)
- Public Sewer
- Annual taxes (MLS)
- $2,153 · 2025
- MLS number
- 98021672
- Listing brokerage
- Cornerstone Real Estate Alliance, LLC
- Listing updated
- Sep 23, 2026, 10:59 AM CT
Copyright 2026, Houston REALTORS® Information Service, Inc. The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Lot sizes are approximate. Price per square foot uses asking price divided by reported lot area; square feet may be calculated from acres. Confirm dimensions and usable area with a survey.
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Milica Vasiljevic · Keller Williams Memorial