201 S 5th Street, Highlands, TX 77562

Highlands
Local realty services provided by:American Real Estate ERA Powered
201 S 5th Street,Highlands, TX 77562
$550,000
  • 4 Beds
  • 3 Baths
  • 2,238 sq. ft.
  • Single family
  • Active
Listed by: rita zarghami
Office: nexthome premier homes realty281-812-9410
MLS#:65868658
Source:HARMLS

Price summary

  • Price:$550,000
  • Price per sq. ft.:$245.76

About this home

TURNKEY FULLY FURNISHED TRIPLEX | INVESTMENT PROPERTY | TWO ADUs! Newly renovated and ready to generate income, this versatile multifamily property offers an exceptional investment opportunity in Highlands, Texas. The main residence features modern finishes, an open-concept floor plan, luxury vinyl flooring, and an updated kitchen with granite countertops. Two fully furnished 2-bedroom, 1-bath ADUs are move-in ready and provide excellent potential for long-term or short-term rental income. Situated on two lots, this income-producing property offers multiple living spaces, flexible rental options, and potential for an owner-occupant house-hack strategy or growing investment portfolio. Furnishings are already in place, minimizing setup time and allowing for immediate occupancy or rental use. Conveniently located near Houston in a growing market, this property combines turnkey condition, multifamily versatility, and multiple income-producing opportunities. Schedule your private showing.

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Home facts

  • Year built:1946
  • Subdivision & Development:Highlands Townsite
  • Listing ID #:65868658
  • Updated:September 29, 2026 at 12:25 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:10
  • Flooring:Plank, Vinyl
  • Dining Description:Kitchen Dining Combo
  • Kitchen Description:Breakfast Bar, Convection Oven, Disposal, Electric Cooktop, Kitchen Dining Combo, Kitchen Family Room Combo, Kitchen Island, Microwave, Pantry, Refrigerator
  • Living area:2,238 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1946
  • Building area:2,238 sq. ft.
  • Lot area:0.23 Acres
  • Lot Features:Cleared, Corner Lot, Side Yard, Subdivision
  • Architectural Style:Ranch
  • Construction Materials:Brick, Cement Siding
  • Exterior Features:Fence, Fully Fenced
  • Foundation Description:Pillar Post Pier
  • Levels:1 Story

Schools

  • High school:GOOSE CREEK MEMORIAL
  • Middle school:HIGHLANDS JUNIOR HIGH SCHOOL
  • Elementary school:HIGHLANDS ELEMENTARY SCHOOL

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$550,000
  • Price per sq. ft.:$245.76
  • Tax amount:$7,394 (2025)

Features and amenities

  • Appliances:Convection Oven, Disposal, Electric Cooktop, Microwave, Refrigerator
  • Amenities:Ceiling Fans, High Ceilings, Security Gate, Smoke Detectors, Vaulted Ceilings

Parking

  • Parking description:Additional Parking, Driveway
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