Houston Office
3050 Post Oak Blvd 510 H
Houston, TX 77056
(832) 610-3841
The Woodlands Office
9595 Six Pines Dr. Suite 8210
The Woodlands, TX 77380
(832) 610-3841
(832) 610-3841
team@gregtxrealty.com

201 S 5th Street Highlands, TX

$550,000
4 bedrooms | 3 full baths | 2,238 SQ FT
Est. Payment -
Active | For Sale

DESCRIPTION

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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PROPERTY SNAPSHOT
Status:
Active - For Sale
List Price:
$550,000
MLS #:
247086577
Year Built:
1946
Address:
201 S 5th Street Highlands, TX
Interior Size:
Approx. 2,238 Sq Ft
Property Type:
Single Family Home
Lot Size:
N/A
Community:
Highlands Townsite
Listed On:
09/14/2026
EXTERIOR FEATURES
Style:
Ranch
Construction Type:
Brick,Cement Siding
Parking Description:
Driveway,RV Access/Parking
Waterfront:
N/A
Pool:
N/A
Exterior Features:
Fully Fenced,Fence
Roof Description:
Composition
Parking Spaces:
0
View:
N/A
Waterfront Description:
N/A
INTERIOR FEATURES
Approximate Living Area:
Approx. 2,238 Sq Ft
Cooling System:
Central Air,Electric
Heating System:
Central,Electric
Appliances:
N/A
Flooring:
Plank,Vinyl
Layout Highlights:
All Bedrooms Down,Breakfast Bar,Full Bath on Main Level,High Ceilings,Kitchen Island,Kitchen/Family Room Combo,Pantry,Vaulted Ceiling(s),Ceiling Fan(s),Kitchen/Dining Combo
ESSENTIAL SPECS
Location:
Highlands, TX
Building Materials:
Brick,Cement Siding
Street Address:
201 S 5th Street
Roof Type:
Composition
Type of Property:
RES / SingleFamilyResidence
Water Supply:
N/A
Lot Size Approximate:
N/A
Sewage System:
N/A
Neighborhood / Subdivision:
Highlands Townsite
Furnishing Status:
N/A
Year Constructed:
1946
Possession Terms:
N/A
Number of Floors:
1
Accepted Financing Options:
Cash,Conventional,Other,Texas Vet
Garage Capacity:
0
Homeowners Association Fees:
N/A
Parking Details:
Driveway,RV Access/Parking
Tax Year:
2025
Orientation / Facing Direction:
N/A
Annual Property Taxes:
Estimated taxes: $7,394
Outdoor Spaces:
Fully Fenced,Fence
Scenic Views:
N/A
Swimming Pool:
N/A
Waterfront Information:
N/A
LOCATE ON THE MAP
201 S 5th Street Highlands, TX

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