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Pending
  • $1,000,000

    516 Martin St, Houston, TX 77018

    --beds
    0baths
    1Acres
    : 
    Unimproved Land
    Built in ----
    1 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Rare opportunity to acquire nearly one acre of land in Houston’s highly desirable 77018 submarket, located in the rapidly redeveloping Garden Oaks / Oak Forest corridor. Large tracts of land of this size are increasingly scarce in this area, making this property an attractive opportunity for builders, developers, and long-term investors. The site offers significant redevelopment potential, with surrounding properties seeing continued new construction, and small-scale residential development projects. The property provides flexibility for a variety of development strategies including multiple single-family home sites or potential small residential development (subject to city approvals). Strategically located with excellent access to Loop 610, Highway 290, and I-45, the property sits just minutes from The Heights, Downtown Houston, and major employment centers, driving strong buyer demand in the area. The neighborhood has experienced steady appreciation and ongoing redevelopment.
    31 days
    |
    25
    |
    1
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 20, 2026 at 03:24pm

    Listed by:

    Jordan Jennings TREC #0669630 832-454-2655,

    Womack Development & Investment Realtors

    Source: HAR,MLS#: 35145935MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0

      Property

      Parking
      • Parking features: Driveway Gate
      Lot
      • Size: 1 Acres
      • Features: Subdivided, 1/2 Up to 1 Acre
      Details
      • Parcel number: 0580890000065

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Natural Gas Available, Cable Available, Electricity Available

      Community & HOA

      Community
      • Subdivision: Yale Street Acres Sec 01
      Location
      • Region: Houston

      Financial & listing details

      • Tax assessed value: $1,124,853
      • Annual tax amount: $11,014
      • Date on market: 3/6/2026
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,905/mo

        Price history

        Price history
        DateEventPrice
        3/20/2026Pending sale$1,000,000
        Source: HAR #35145935 Report a problem
        3/6/2026Listed for sale$1,000,000
        Source: HAR #35145935 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$23,906 +1485.4%$1,124,853 +6%
        2024$1,508 +8.3%$1,061,097
        2023$1,392 -41.2%$1,061,097 +10.4%
        2022$2,367 $960,851 +45.2%
        2021-- $661,785 +7%
        2020$4,920 +9.6%$618,540 +7.8%
        2019$4,490 +17.4%$573,998 +144.5%
        2018$3,824 $234,777 +15.6%
        2017$3,824 +9.1%$203,147
        2016$3,507 +5%$203,147 +19.3%
        2015$3,341 $170,325
        2014$3,341 $170,325
        2013-- $170,325
        2007-- --
        2006-- $171,061
        2005-- --
        2004-- $114,870
        2003-- $114,870
        2002-- $114,870
        2001-- $114,870 +18.2%
        2000-- $97,190

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $6,277/mo
        Principal & interest
        $4819
        Property taxes
        $1458
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          Climate risks

          Neighborhood: Independence Heights

          Getting around

          63 / 100
          Somewhat Walkable
          49 / 100
          Some Transit
          51 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Kennedy Elementary School (Houston)
          • Middle: Williams Middle School
          • High: Washington High School

          Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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