Located in the heart of Bellaire with high-visibility frontage on South Rice Ave, this premier residential/commercial property offers a rare opportunity to live and run your business from the same sophisticated location. Ideally suited for an attorney’s office, physician’s practice, or creative studio, this standalone gem is just minutes from the Texas Medical Center, The Galleria, and Downtown. The flexible layout features multiple private rooms, open workspaces, and reception areas. With high-end finishes, modern lighting, and upgraded HVAC, it provides a turnkey foundation for a professional suite or custom residence. A standout feature is the dedicated on-site parking lot, a rare and premium amenity in this land-constrained market. Situated in a community known for elite schools and strong property values, this is a rare chance to secure a versatile property in one of Houston’s most desirable neighborhoods. Experience the ultimate in professional prominence and residential luxury.
Pending
$975,000
5008 Locust St, Bellaire, TX 77401
2beds
2,030sqft
Single Family Residence
Built in 1981
8,102 Square Feet Lot
$914,100 Zestimate®
$480/sqft
$-- HOA
What's special
Modern lightingHigh-end finishesOpen workspacesMultiple private roomsDedicated on-site parking lotFlexible layoutReception areas
- 80 days
- 15
- 1
Zillow last checked:
Listing updated:
Listed by:
Austin Oztan TREC #0591481 713-962-0355,
Keller Williams Realty Metropolitan
Source: HAR,MLS#: 34798952
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: First
- Area: 238
- Dimensions: 14 X 17
Bedroom
- Level: Second
- Area: 289
- Dimensions: 17x17
Other
- Level: Second
Other
- Level: First
Heating
- Natural Gas
Cooling
- Electric
Features
- Number of fireplaces: 1
Interior area
- Total structure area: 2,030
- Total interior livable area: 2,030 sqft
Property
Features
- Stories: 2
Lot
- Size: 8,102 Square Feet
- Features: Corner Lot, 0 Up To 1/4 Acre
Details
- Parcel number: 0070460230011
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick, Wood Siding
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1981
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Bellaire
Location
- Region: Bellaire
Financial & listing details
- Price per square foot: $480/sqft
- Tax assessed value: $574,249
- Annual tax amount: $11,620
- Date on market: 7/1/2026
- Listing terms: Cash,Conventional,VA Loan
Estimated market value
$914,100
$868,000 - $960,000
$2,715/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2026 | Pending sale | $975,000$480/sqft |
Source: | ||
| 7/1/2026 | Listed for sale | $975,000$480/sqft |
Source: | ||
| 7/1/2026 | Listing removed | $975,000$480/sqft |
Source: | ||
| 5/2/2026 | Price change | $975,000-4.9%$480/sqft |
Source: | ||
| 3/12/2026 | Listed for sale | $1,025,000+28.1%$505/sqft |
Source: | ||
| 4/1/2009 | Listing removed | $800,000$394/sqft |
Source: HAR #4066594 Report a problem | ||
| 10/17/2008 | Listed for sale | $800,000$394/sqft |
Source: HAR #4066594 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,620 +0.8% | $574,249 |
| 2024 | $11,522 -44.8% | $574,249 -1.6% |
| 2023 | $20,872 +91.6% | $583,447 +13.3% |
| 2022 | $10,895 | $515,000 +3% |
| 2021 | -- | $500,000 -2.3% |
| 2020 | -- | $511,524 -2.1% |
| 2019 | $12,023 +15.9% | $522,500 +18.8% |
| 2018 | $10,371 | $439,801 |
| 2017 | $10,371 -4.9% | $439,801 -6% |
| 2016 | $10,902 +6.2% | $468,000 |
| 2015 | $10,261 | $468,000 +6.4% |
| 2014 | $10,261 | $439,801 +27.1% |
| 2013 | -- | $346,085 |
| 2012 | -- | $346,085 +8.2% |
| 2011 | -- | $320,000 |
| 2010 | -- | $320,000 -3.9% |
| 2009 | -- | $333,000 +2.3% |
| 2007 | -- | $325,640 +1.4% |
| 2006 | -- | $321,098 +7.9% |
| 2005 | -- | $297,617 +2.8% |
| 2004 | -- | $289,500 +10% |
| 2003 | -- | $263,200 +6.8% |
| 2002 | -- | $246,400 +10% |
| 2001 | -- | $224,000 +10% |
| 2000 | -- | $203,700 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 77401
Nearby schools
Schools provided by the listing agent
- Elementary: Condit Elementary School
- Middle: Pershing Middle School
- High: Bellaire High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





