When was property at 5240 Gibson Street built and last sold?

The property at 5240 Gibson Street was built in 2015 and last sold on Feb 26, 2016 for $500,000.

How much is this home worth?

The estimated value of the home located at 5240 Gibson Street is $0.

What are some comparable homes to 5240 Gibson Street?

There are currently no comparable homes to 5240 Gibson Street.

Houston

77007

Washington Avenue - Memorial Park

5240 Gibson Street

Sold on Jun 25, 2025

Map

$649,999 Last Listed Price

● House - Off Market

5240 Gibson Street

Houston, TX 77007

3 Beds

3 Baths, 1 Half Bath

2,340 Ft²

$4,294

Est. Monthly

3.87%

Cap Rate

About This Property

Step inside the charm of 5240 Gibson Street, nestled in the highly desirable Rice Military neighborhood! This beautiful home boasts a fully renovated kitchen, showcasing elegant marble countertops and top-of-the-line Bosch appliances a true haven for any culinary enthusiast.

Imagine unwinding on your great-sized balcony, perfect for enjoying the outdoors. Inside, the master suite offers generous proportions, including a wonderfully spacious closet. And for those who love to entertain, the fantastic front porch provides an ideal setting for hosting gatherings. No shared driveway and no HOA.

The location? Simply unbeatable. You'll find yourself surrounded by amazing restaurants, lively bars, convenient grocery stores, and the lush expanse of Memorial Park and Buffalo Bayou. 1 Plus, with Downtown just a quick 10-minute drive and the Museum District within 15 minutes, you'll have the best of Houston right at your fingertips. Located in a highly desirable area zoned to great schools.

Unit Size

2,340 Ft²

Days on Market

Land Size

0.04 acres

Price per sqft

$278

Property Type

House

Property Taxes

$1,102

HOA Dues

Year Built

2015

Payment Calculator

Cap Rate Calculator

Last updated: 6 months ago (HAR #26926858)

Price History

Date / Event	Date	Event
Jun 25, 2025	Sold	Premium
Sold
Jun 10, 2025	In contract	-
In contract
Jun 3, 2025	Listed by Keller Williams Memorial	$649,999
Listed by Keller Williams Memorial
May 16, 2025	Listed	$675,000
Listed

	Step inside the charm of 5240 Gibson Street, nestled in the highly desirable Rice Military neighborhood! This beautiful home boasts a fully renovated kitchen, showcasing elegant marble countertops and top-of-the-line Bosch appliances a true haven for any culinary enthusiast. Imagine unwinding on your great-sized balcony, perfect for enjoying the outdoors. Inside, the master suite offers generous proportions, including a wonderfully spacious closet. And for those who love to entertain, the fantastic front porch provides an ideal setting for hosting gatherings. No shared driveway and no HOA. The location? Simply unbeatable. You'll find yourself surrounded by amazing restaurants, lively bars, convenient grocery stores, and the lush expanse of Memorial Park and Buffalo Bayou. 1 Plus, with Downtown just a quick 10-minute drive and the Museum District within 15 minutes, you'll have the best of Houston right at your fingertips. Located in a highly desirable area zoned to great schools.

Property Highlights

Garage

Building Info

Overview

General

Year Built: 2015

Effective Year Built: 2015
Building Count: 1
Total Rooms: 6
Bedroom Count: 3
Bathroom Count: 4
Full Bathrooms: 3
Partial Bathrooms: 4
Bathroom Plumbing Fixtures: 19
Building Condition: 6
Building Quality: 4
Construction Type: 2
Building Style: 0
Exterior Walls Type: 3
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 300
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 7
Garage Square Area: 494
Parking Space Count: 2
Patio Type: 20
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 1,942

Total Building Area: 2,340
Gross Building Area: 2,340
Building Area: 2,340
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 2,340
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: TRICON GIBSON VILLAS
Land Acres: 0000000045
Standard Land Use Code: 1001
County Land Use Code: 1001
State Land Use Code: A1
Legal Description 1: LT 2 BLK 1 TRICON GIBSON VILLAS

Neighborhood

School District Name: Houston Independent School District

School Tax School District: HOUSTON ISD
Census Tract: 510801

Geography

Assessors Map Reference: 5257B

Account Number: 1356280010002
District: 061
Parcel: 135-628-001-0002
Block: 1
Lot: 2
Municipality: CITY OF HOUSTON
Latitude: 29.7668
Longitude: -95.4151

Address

Full Address: 5240 Gibson St

Address - House Number: 5240
Address - Street Name: Gibson
Address - Suffix Type: St
State: TX
City Name: Houston
Carrier Code: C020
4-Digit Zip Code: 5216
Zip Code: 77007

Valuation

Tax

Total Area: 2,426

Tax Year: 2022
Tax Amount: $984,285
Tax Rate Code Area: 061

Appraisal Valuation

Standard Deviation: 0.221

Valuation Date: Sep 13, 2023
Confidence Score: 69
Final Value: 629,047
High Value: 768,118
Low Value: 489,975

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium

Market Valuation

Market Total Value: $580,750

Market Land Value: $201,385
Market Improvement Value: $379,365

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $580,750
Assessed Land Value: $201,385
Assessed Improvements Value: $379,365

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Feb 26, 2016

Current Sale Recording Date: Feb 29, 2016
Current Sale Price:

Premium
Current Sale Document Type: 70
Current Sale Input Document Number: 20160081371

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Central Houston

Stats & Trends

Median Asking:

$569,000

Sale Price/ft²

$260

Above Asking

50.02%

Average Days on Market

Average Home Size

2392 ft²

Average Home Age

33.4 years

Currently For Sale

1801 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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2 Baths
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$3,500 /mo

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2 Baths
1,188 ft²

622 W 16th Street, Houston, TX, 77008 Listing by Jennifer Keenan

Unit for rent at 1536 Dian Street, Houston, TX, 77008

$3,500 /mo

3 Beds
3 Baths
2,544 ft²

1536 Dian Street #A, Houston, TX, 77008 Listing by Courtlin Sherman

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Ardita Jaha, Keller Williams Memorial
Last Updated: 6 months ago
Data Source: HAR , MLS# 26926858

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