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$209,000

Beds
3
Baths
1.0
sq ft
940

716 E 40th St, Houston, TX 77022

716 E 40th St

Houston, TX 77022

  • 11 days on market
Welcome to this charming home nestled in the heart of Independence Heights, offering both comfort and investment potential! Situated in a prime location, this property provides easy access to major highways and is just minutes from downtown Houston, making commuting a breeze. Bonus Opportunity: The adjacent cleared lot is also available for purchase, providing endless possibilities—expand your dream home, build another income-producing property, or create a custom outdoor space! Don’t miss this rare chance to own a home with incredible growth potential in one of Houston’s thriving communities. Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$499,859

Lot size

3,999 sq ft

Price per sq ft

$223

Year built

1950

Annual property taxes

$2,762

Price History

02/10/2025
Houston

Houston #71043614

Listed
$209,000
06/23/2024
Houston

Houston #43847869

Removed
06/03/2024
Houston

Houston #43847869

Price change
$199,900

Schools & Community

Neighborhood: 

Independence Heights

Elementary school: 

BURRUS ELEMENTARY SCHOOL

Middle school: 

WILLIAMS MIDDLE SCHOOL

High school: 

WASHINGTON HIGH SCHOOL

School district: 

Houston

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Financial Bank Na

Loan start date

January 2022

Original loan amount

$112,000

Est. remaining balance

Not provided

Interest rate

2.49%

Loan type

Credit Line (Revolving)

Seller

Neemisha Mufuka and Tendal Kenneth Mufuka

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/22/2025 at 11:35 AM

Listing updated: 02/11/2025 at 4:03 AM

Listed by: Lauren Amaro, Wynnwood Group Phone #: (832) 696-5779

MLS: Houston #71043614

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