Check Availability
$1,300,000
House - For Sale

514 Martin Street

Houston, TX 77018
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3542 Sqft
$8,339
Estimated Monthly
$0
HOA / Fees
0.06%
Cap Rate

About This Property

This expansive acreage home offers incredible versatility with two primary master suites. With its exceptional 4-bedroom layout, this property presents a unique opportunity for customization, allowing you to transform it into your dream residence. Located in a highly desirable neighborhood, this home provides the perfect blend of convenience and community. Schools, parks, shopping centers, freeways, and transportation routes are just moments away. Developers and investors will be particularly drawn to this property, as the vast acreage allows for potential expansion, additional structures, or even a new development project (subject to zoning regulations). With no known restrictions, the possibilities for residential or commercial use are endless. Don't miss out on the chance to own this remarkable property.
Unit Size
3,542Ft²
Days on Market
242 days
Land Size
1.00 acres
Price per sqft
$367
Property Type
House
Property Taxes
$1,955
HOA Dues
-
Year Built
1971
Listed By
Last updated: 5 months ago (HAR #84653654)

Price History

Date / Event Date Event Price
Sep 2, 2023 Listed by Waller County Land Co. $1,300,000
Listed by Waller County Land Co.

Property Highlights

Air Conditioning
New Development
Parking Details
Has Garage
Garage Features: Detached Garage
Garage: 2 Spaces
Interior Details

Bedroom Information

Bedrooms: 4
Bedrooms: 2 Primary Bedrooms, All Bedrooms Down, Split Plan, Walk-In Closet

Bathroom Information

Full Bathrooms: 3
Half Bathrooms: 1
Master Bathrooms: 0

Interior Information

Laundry Features: Electric Dryer Connections, Washer Connections
Kitchen Features: Kitchen open to Family Room, Pantry, Walk-in Pantry
Living Area SqFt: 3542

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 2
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,531
  • Total Building Area: 8,542
  • Gross Building Area: 8,738
  • Building Area: 8,542
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 8,542
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: YALE STREET ACRES
  • Land Acres: 0.999
  • Legal Description 1: LT 66 YALE STREET ACRES SEC 1

Ownership

  • Current Owner : HERNANDEZ HORACIO
  • Current Owner 2: HERNANDEZ ROSA M
  • Previous Owner : MARTIN & FREEMAN INC
  • Is Owner Occupied: unknown

Neighborhood

  • School District Name: Houston Independent School District
  • School Tax School District: HOUSTON ISD
  • Census Tract: 530600

Geography

  • Assessors Map Reference: 5260B
  • Account Number: 0580890000066
  • District: 061
  • Parcel: 058-089-000-0066
  • Lot: 66
  • Municipality: CITY OF HOUSTON
  • Latitude: 29.8354
  • Longitude: -95.4083

    Address

  • Full Address: 514 Martin St
  • Address - House Number: 514
  • Address - Street Name: Martin
  • Address - Suffix Type: St
  • State: TX
  • City Name: Houston
  • Carrier Code: C072
  • 4-Digit Zip Code: 3310
  • Zip Code: 77018

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $20,957
  • Tax Rate Code Area: 061

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 78
  • Final Value: 1,265,893
  • High Value: 1,480,355
  • Low Value: 1,051,431

    Market Valuation

  • Market Total Value: $1,260,482
  • Market Land Value: $957,682
  • Market Improvement Value: $302,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,260,482
  • Assessed Land Value: $957,682
  • Assessed Improvements Value: $302,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 18, 2000
  • Current Sale Recording Date: Aug 21, 2000
  • Current Sale Transaction ID: 1163064232
  • Current Sale Price: $156,300
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: U577570

    Last Sale Mortgage

  • First Mortgage Lender: RICHARD A ALVARADO
  • First Mortgage Transaction Date: Aug 21, 2000
  • First Mortgage Loan Amount: $125,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4 Baths
6,675 ft²
$187/ft²
$1,250,000 Jul 21, 2023
-
$443/mo
House
3 Beds
1 Bath
2,257 ft²
$532/ft²
$1,200,000 Jul 31, 2023
-
$208/mo
Land
Loft
-
-
$1,200,000 May 17, 2023
-
$208/mo

About North Houston


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Frequently Asked Questions

When was property at 514 Martin Street built and last sold?
The property at 514 Martin Street was built in 1971 and last sold on Aug 18, 2000 for $156,300.
How much is this home worth?
The estimated value of the home located at 514 Martin Street is $1,285,917.
What are some comparable homes to 514 Martin Street?
Homes that are comparable to 514 Martin Street include a house property at 702 Marcella Street, 500 Thornton Road, 324 Thornton Road.

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