201 S 5th Street
Highlands, TX 77562
4
Bed
3
Bath
2,238Sqft
0.23Acre(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Bathroom Information
Total Baths: 3 Full Baths: 3Room Information
Rooms Total: 10 -
Flooring Information
Vinyl -
Roofing Information
Composition -
Interior Features
High Ceilings, Breakfast Bar, Pantry, Vaulted Ceiling(s), Kitchen Island Roof: Composition Appliances: Disposal, Convection Oven, Microwave, Electric Cooktop, Refrigerator, Cooktop Laundry Features: Electric Dryer Hookup, Washer Hookup -
Heating & Cooling
Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: Ceiling Fan(s), Electric
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Building Information
Year Built: 1946 Building Area Total: 2238 Construction Materials: Brick, Cement Siding Stories: 1 Private Pool: No
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Lot Information
Main Square Feet: 0.2296 Acres Lot Size Acres: 0.2296 Lot Size Square Feet: 10001.376 Lot Description: Cleared, Corner Lot, SubdividedProperty Information
Subdivision: Highlands Townsite Source Property Type: Residential Postal Code Plus 4: 3603 Property SubType: Single Family Residence Property Age: 80
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Listing Price Information
Listing Price: $550000 Cash, Conventional
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Tax Information
Parcel Number: 0582610000004 Tax Year: 2025 Annual Tax: $7394 Tax Legal Desc: LT 4A BLK 16 HIGHLANDS TOWNSITE
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Parking Information
No Garage, Additional Parking, RV Access/Parking, Electric GateGarage Information
Has Garage: Yes
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School Information
Elementary School: Highlands Elementary SchoolJunior High School: Highlands Junior High SchoolSenior High School: Goose Creek Memorial -
Location Information
Direction: I10 East; EXIT S. Main Street - TURN North onto S. Main Street; LEFT onto Avenue C; LEFT onto S. 5th Street. Home is on the Left - 201 S. 5th Street. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 9811 Miner Road Rd, Highlands, TX, 77562 | $1,249,900 | 3 | 3 | 3,046 | 24.90 Acres |
| 3418 Barbers Hill Road, Highlands, TX, 77562 | $957,000 | 3 | 3 | 2,256 | 13 Acres |
| 2707 Tracy Lane, Highlands, TX, 77562 | $199,990 | 3 | 2 | 1,496 | 0.13 Acre |
| 2522 Tracy Lane, Highlands, TX, 77562 | $236,900 | 3 | 3 | 1,734 | 0.14 Acre |
| 2414 Goldenrod Street, Highlands, TX, 77562 | $239,000 | 3 | 2 | 1,628 | 0.34 Acre |
| 2410 Daffodil Street, Highlands, TX, 77562 | $236,999 | 3 | 2 | 1,239 | 0.21 Acre |
| 2310 Heather Street, Highlands, TX, 77562 | $219,999 | 3 | 2 | 1,492 | 0.22 Acre |
| 8610 Bluebonnet Street, Highlands, TX, 77562 | $190,000 | 3 | 2 | 1,201 | 0.23 Acre |
| 8618 E Highlands Crossi.., Highlands, TX, 77562 | $280,000 | 4 | 2 | 2,021 | 0.15 Acre |
| 8530 E Highlands Crossing, Highlands, TX, 77562 | $315,000 | 4 | 3 | 2,573 | 0.15 Acre |
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ByOwner last updated this listing 09/21/2026 @ 16:42
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