232 E 38th Street Houston, TX $ 450,000
232 E 38th Street
$ 450,000
New Construction
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232 E 38th Street

Houston, TX, 77018
$ 450,000
Baths0.0 Sq 2,142

Monthly Estimate*

$ 2,771

232 E 38th Street, Houston, TX 77018 - Image 1
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232 E 38th Street, Houston, TX 77018 - Image 8
Studio

Multi-Family Home for sale in Houston, TX

for $450,000. This home is 2,142 square feet.

Foreclosed incomplete new construction stacked duplex offering a strong value-add investment opportunity in the growing Independence Heights area. Designed with one unit up and one unit down, each unit features a 2-bedroom, 2.5-bath layout with approximately 1,071 square feet of open-concept living space. The unfinished status allows an investor to complete remaining finishes and maximizes after-repair value. Layouts include private primary suites with ensuite bathrooms and utility rooms in each unit. Ideally located minutes from The Heights, Downtown Houston, and major employment centers, supporting strong rental demand. Suitable for long-term rental, house-hack, or resale strategy. Property is sold as-is, where-is.

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Multi-Family Pending

Price

$ 450,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,785

Style

Town/City

Houston

County/Region

Harris

MLS | Web ID

68956832

Features
General
Heating Central Electric
Cooling Central Air Electric
Roof Composition
Stories Count 2
Levels Two
Property Subtype Duplex
Tax Year 2025
County Harris
New Construction true
Property Type Residential Income
Subdivision Name Independence Heights
Status Pending
Directions Take I-45 North. Exit at 38th Street then turn right (east) onto E 38th St. Continue for about 0.3 miles; 232 E 38th St will be on the right.
High School WASHINGTON HIGH SCHOOL
City Houston
High School District 27 - Houston
Number Of Units Total 1
MLS Area 9
Lot Size Units Square Feet
Elementary School BURRUS ELEMENTARY SCHOOL
Tax Annual Amount 1785
Middle/Junior High School WILLIAMS MIDDLE SCHOOL
Property Condition Under Construction
MLS Area Minor Northwest Houston
Builder Name unknown
Standard Status Pending
Occupancy Type Vacant
Middle/Junior School District 27 - Houston
Elementary School District 27 - Houston
Property Sub Type Additional Duplex
Legal Description LT 4 BLK 3 INDEPENDENCE HEIGHTS
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Lot Size Area 3000
Building Area Total 2142
Lot Size Source Appraiser
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* Excluded Features
List By
Real Broker, Llc

Broker

1realjoejack@gmail.com

Email

Affordability Calculator

$2,919
Per Month
95%
5%
0%
Monthly Principal & Interest
$2,771
Monthly Property Taxes
$149
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
WASHINGTON HIGH SCHOOL High School High School
Pricing History
DatePricePrice ChangeDescription
2/6/2026$450,000 Listed Price

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232 E 38th Street, Houston, TX, 77018 is a Multi-Family Home for sale at $450,000 with 2,142 sqft. 232 E 38th Street is a studio with 0.0 baths. The property's zip code is 77018 which is in Houston, TX