This commercial property at 511 Gulf Bank presents an exceptional opportunity for investors seeking to leverage current tenants and future expansion potential. Spanning over 4.5 acres, this prime location is perfect for developing a commercial building. With multiple detached dwellings and a metal shop totaling over 6,000 square feet of space, this multi-family property offers ample room for growth. The property sits on a 2 spacious lots measuring 196,590 square feet. Don't miss this chance to own a lucrative commercial property in a highly desirable area.
For sale
$1,800,000
511 Gulf Bank Rd #6, Houston, TX 77037
--beds
0baths
5,800sqft
Est.:
Multi Family
Built in 1960
-- sqft lot
$-- Zestimate®
$310/sqft
$-- HOA
What's special
- 187 days |
- 36 |
- 1 |
Zillow last checked: 8 hours ago
Listing updated: July 25, 2025 at 03:09am
Listed by:
Rafael Perez TREC #0573024 832-642-7246,
CB&A, Realtors
Source: HAR,MLS#: 40303779
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Electric, Natural Gas, Other, Window Unit
Cooling
- Electric, Window Unit(s)
Interior area
- Total structure area: 5,800
- Total interior livable area: 5,800 sqft
Property
Features
- Stories: 1
Lot
- Size: 4.51 Acres
- Features: 2 Up to 5 Acres
Details
- Parcel number: 0552280660001
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1960
Community & HOA
Community
- Subdivision: Hill W L
Location
- Region: Houston
Financial & listing details
- Price per square foot: $310/sqft
- Tax assessed value: $539,788
- Annual tax amount: $9,746
- Date on market: 6/30/2025
- Lease term: Month To Month
Estimated market value
Not available
Estimated sales range
Not available
$1,460/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/20/2023 | Listed for sale | $1,800,000$310/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $539,788 +7.2% |
| 2024 | $4,537 +8.8% | $503,717 -2.2% |
| 2023 | $4,170 +39.4% | $515,268 +42.2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$12,165/mo
Principal & interest
$8910
Property taxes
$2625
Home insurance
$630
Climate risks
Neighborhood: 77037
Nearby schools
GreatSchools rating
- 2/10Raymond AcademyGrades: 1-5Distance: 2 mi
- 3/10Grantham AcademyGrades: 6-8Distance: 1.8 mi
- 3/10Aldine High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Worsham Elementary School
- Middle: Grantham Academy
- High: Aldine 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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