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4 Beds
3 Baths
2,238 sqft

$550,000

201 S 5th Street, Highlands TX, 77562

Price per sqft$245.76
Built in1946
Property size2,238 sqft
Property typeResidential

Overview

Active

Listed Sep 14, 2026

Updated 2 weeks ago

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.

$3,659/mo

Est. mortgage payment based on a $550,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
65868658

Interior Features

Bedrooms
4
Bathrooms
3
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.23 Acres

Other Property Details

Taxes
$7,394
Tax Frequency
Annually
MLS provider logo

 

Courtesy of NEXTHOME Premier Homes Realty, Rita Zarghami 

Based on information from the Houston Association of REALTORS as of 9/20/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2026 Houston Association of REALTORS. All rights reserved.

Data last updated 3:59 AM UTC, 9/20/2026

 

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