201 S 5th Street, Highlands, TX 77562

Local realty services provided by:CENTURY 21 Judge Fite Company
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 15, 2026 at 12:21 AM

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, Disposal, Free Standing Range, 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:Disposal, Free Standing Range, Microwave, Refrigerator
  • Amenities:Ceiling Fans, High Ceilings, Security Gate, Smoke Detectors, Vaulted Ceilings

Parking

  • Parking description:Driveway
Copyright 2026, Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and the data is deemed reliable but is not guaranteed accurate by the MLS. HARMLS Member Broker: Ashley Conlon