| Elementary | KENNEDY EL | B |
| Middle | WILLIAMS MIDDLE | D |
| High | WASHINGTON B T H S CCMR 91% · Grad 71% | B |
Welcome to 306 E 40th 1/2 St. a terrific triplex in the bustling neighborhood of Independence Heights. The gated property was recently taken down to the studs in 2024, the 3 unit complex is completely renovated and fully leased out generating over $50,000 in annual rental revenue with longterm tenants! Each unit features 2 bedrooms/1 bath with an open concept floor plan and in unit washer/dryer. The beautiful residences are finished with stainless steel appliances, shaker style cabinets, quartz countertops, LVP flooring, and designer tiles. Conveniently located just minutes from the Heights and Downtown with easy access to major highways 610, 45, and 59. This property is a great investment and won't last long!
| Property Type | Residential Income |
| Property Sub Type | Triplex |
| Sub Type Additional | Triplex |
| Year Built | 1965 |
| Year Built Source | PublicRecords |
| New Construction | No |
| Stories | 1 |
| Levels | One |
| Living Area | 2,084 sq ft |
| Living Area Source | Appraiser |
| Building Area Total | 2,084 sq ft |
| Construction | Cement Siding |
| Roof | Composition |
| Bedrooms | 2 |
| Bathrooms (total) | 1 |
| Bathrooms Full | 1 |
| Interior Features | Quartz Counters, Ceiling Fans, Programmable Thermostat |
| Flooring | Plank, Tile, Vinyl |
| Appliances | Disposal, Microwave, Refrigerator |
| Laundry | Washer Hookup, Dryer Hookup |
| Windows | Low Emissivity Windows |
| Security | Fire Alarm |
| Parking Features | Electric Gate, Paved |
| Lot Size (sq ft) | 5,005 |
| Lot Size Source | Appraiser |
| Lot Features | Near Public Transit, Subdivision |
| Direction Faces | North |
| County | Harris |
| MLS Area Major | 9 |
| MLS Area Minor | Northwest Houston |
| Subdivision | WILLADALE |
| Postal Code | 77018 |
| Heating | Central, Electric |
| Cooling | Central Air, Electric |
| Energy Efficient | Exposure Shade, Hvac, Thermostat, Windows |
| Tax Annual Amount | $8,015 <small style="color:#6b7280">· from 2025 county roll</small> |
| Tax Year | 2025 (county roll) |
| Tax Rate (est.) | 1.34% |
| Parcel # | 062-054-021-0003 |
| Legal Description | LT 3 BLK 21 WILLADALE SEC 3 |
| Listing Terms | Cash, Conventional |
| Disclosures | Owner Is Listing Agent |
Texas Water Code §49.452 requires districts to publish annual notices with tax rate, bonded indebtedness, and assessed value. Most Harris-area MUDs publish these; a handful managed by Inframark do not.
Request this noticeThe §49.452 notice is the only public document that lists a MUD's exact tax rate, outstanding bond debt, and the assessed value used to compute your taxes — direct from the district, not the MLS. If the district is newer or has more bonds outstanding than its neighbors, your effective tax rate will be higher here than just across the street.
Illustrative only, not a quote. P&I assumes the values entered above. Insurance and HOA dues vary — consult licensed lender and insurance agent for accurate quote.
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HARMLS last updated Sep 23, 2026, 10:44 PM CDT. Properties may subsequently be sold or off-market.
