Welcome to 203 S 5th St, a newly renovated and fully furnished triplex offering immediate income potential. Located in Highlands, Texas, just minutes from Houston, this property is ideal for investors or owner-occupants seeking strong flow and flexibility.
The main residence features modern finishes, open-concept living spaces, and tasteful furnishings throughout. Recent updates include durable luxury vinyl flooring and an updated kitchen with granite countertops and a cooktop, combining style and functionality.
Two additional units each offer 2 bedrooms and 1 bathroom, fully furnished and move-in ready—perfect for long-term tenants, short-term rentals, or multi-generational living. This property is comprised of two lots, identified by tax account numbers 058-261-000-0004 and 058-261-000-0011.
This turnkey triplex provides multiple income streams and is ready for immediate use—an excellent opportunity to own a move-in-ready multi-unit property in a growing market.
For sale
Price increase: $50K (6/27)
$550,000
203 S 5th St, Highlands, TX 77562
4beds
2,238sqft
Triplex
Built in 1946
-- sqft lot
$526,800 Zestimate®
$246/sqft
$-- HOA
What's special
Fully furnished triplexModern finishesOpen-concept living spacesNewly renovatedDurable luxury vinyl flooring
- 65 days |
- 146 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Rita Zarghami TREC #0439970 281-812-9410,
NEXTHOME Premier Homes Realty
Source: HAR,MLS#: 77185104
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Range, Disposal, Microwave, Refrigerator
- Laundry: Washer/Dryer Connections
Features
- Flooring: Vinyl
- Windows: Window Coverings
- Furnished: Yes
Interior area
- Total structure area: 2,238
- Total interior livable area: 2,238 sqft
Property
Parking
- Parking features: Driveway Gate
Features
- Stories: 1
Lot
- Size: 0.34 Acres
- Features: Subdivided, Cleared
Details
- Parcel number: 0582610000011
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Brick, Cement Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1946
Utilities & green energy
- Utilities for property: Cable Connected, Electricity Available, Natural Gas Connected, Water Connected
Community & HOA
Community
- Subdivision: Highlands Townsite
Location
- Region: Highlands
Financial & listing details
- Price per square foot: $246/sqft
- Tax assessed value: $270,123
- Annual tax amount: $6,161
- Date on market: 5/1/2026
- Listing terms: Cash,Conventional,FHA,Investor,Other
Estimated market value
$526,800
$500,000 - $553,000
$1,153/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2026 | Price change | $550,000+10%$246/sqft |
Source:  HAR #77185104 Report a problem | ||
| 5/1/2026 | Listed for sale | $500,000+240.1%$223/sqft |
Source: HAR #77185104 Report a problem | ||
| 12/9/2022 | Listing removed | -- |
Source:  RE/MAX International Report a problem | ||
| 11/22/2022 | Pending sale | $147,000$66/sqft |
Source: HAR #28589148 Report a problem | ||
| 11/17/2022 | Listed for sale | $147,000$66/sqft |
Source: HAR #28589148 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,928 +61.8% | $270,123 +48.6% |
| 2024 | $1,192 +29.6% | $181,818 +14.7% |
| 2023 | $920 +1719.9% | $158,539 -16.5% |
| 2022 | $51 | $189,917 +33.3% |
| 2021 | -- | $142,524 +20.3% |
| 2020 | $54 +10% | $118,482 +4.1% |
| 2019 | $49 -90.2% | $113,787 +23.3% |
| 2018 | $503 | $92,269 +10.6% |
| 2017 | $503 +43.8% | $83,417 +12.7% |
| 2016 | $350 -29.1% | $74,009 |
| 2015 | $493 | $74,009 |
| 2014 | $493 | $74,009 -5.6% |
| 2013 | -- | $78,361 -6.9% |
| 2010 | -- | $84,130 -4.9% |
| 2009 | -- | $88,461 |
| 2008 | -- | $88,461 |
| 2007 | -- | $88,461 +3.6% |
| 2006 | -- | $85,378 +4.2% |
| 2005 | -- | $81,950 +10% |
| 2004 | -- | $74,500 +9.9% |
| 2003 | -- | $67,800 +9.9% |
| 2002 | -- | $61,700 +10% |
| 2001 | -- | $56,100 +10% |
| 2000 | -- | $51,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 77562
Nearby schools
GreatSchools rating
- 3/10Highlands Elementary SchoolGrades: 1-5Distance: 0.7 mi
- 5/10Highlands Junior High SchoolGrades: 6-8Distance: 1.4 mi
- 4/10Goose Creek MemorialGrades: 9-12Distance: 5.5 mi
Schools provided by the listing agent
- Elementary: Highlands Elementary School
- Middle: Highlands Junior High School
- High: Goose Creek Memorial
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Harris County
- Highlands
- 77562
- 203 S 5th St
Nearby cities
Nearby zip codes
Other Highlands Topics
