Investors and rehab specialists take note! Property is being sold AS-IS and offers a solid structure ready for renovation. Located in Highlands Townsite subdivision on an oversized 15,000 sq ft lot. This is a great opportunity for investors, flippers, or buyers seeking value-add projects with potential equity upside. Sitting on a spacious lot in a quiet neighborhood, the property is close to major roadways and everyday conveniences. With solid bones and plenty of space to reimagine, this home offers endless possibilities for renovation and return on investment. Properties in this pocket of Highland don't last, especially at investor pricing. No repairs, no nonsense, and no utilities on! Come get it before someone else does. AS IS sale. Fixer-upper with potential. 4 bedrooms, 1 bath. No utilities on. Prime area. Priced for investment. Don't miss out on this opportunity! This 3-bedroom, 2-bath home sits on an 8,407 sq. ft. lot in the established Rolling Hills neighborhood.
For sale
Price cut: $50K (5/1)
$130,000
207 S 5th St, Highlands, TX 77562
--beds
2,032sqft
Single Family Residence
Built in 1946
0.34 Acres Lot
$-- Zestimate®
$64/sqft
$-- HOA
What's special
Spacious lot
- 240 days |
- 113 |
- 8 |
Zillow last checked:
Listed by:
Rita Zarghami,
NextHome Premier Homes Realty
Source: NextHome,MLS#: 61278522
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Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 1
- Full bathrooms: 1
Features
- Has basement: No
Interior area
- Total structure area: 2,032
- Total interior livable area: 2,032 sqft
Property
Lot
- Size: 0.34 Acres
Details
- Parcel number: 0582610000013
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1946
Community & HOA
Location
- Region: Highlands
Financial & listing details
- Price per square foot: $64/sqft
- Tax assessed value: $150,795
- Annual tax amount: $70
- Date on market: 11/7/2025
- Lease term: Contact For Details
Estimated market value
Not available
Estimated sales range
Not available
$1,742/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Price change | $130,000-27.8%$64/sqft |
Source:  HAR #61278522 Report a problem | ||
| 11/8/2025 | Listed for sale | $180,000$89/sqft |
Source: HAR #61278522 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $70 +94.3% | $150,795 |
| 2024 | $36 +22.4% | $150,795 -4.5% |
| 2023 | $29 -21.2% | $157,892 +13.5% |
| 2022 | $37 | $139,110 +33.7% |
| 2021 | -- | $104,043 +3.9% |
| 2020 | $43 +10% | $100,105 +4% |
| 2019 | $39 -81.8% | $96,258 +23.6% |
| 2018 | $216 | $77,882 +13.3% |
| 2017 | $216 +83.5% | $68,732 +16.3% |
| 2016 | $118 -54.9% | $59,116 |
| 2015 | $261 | $59,116 |
| 2014 | $261 | $59,116 -5.6% |
| 2013 | -- | $62,600 -6.7% |
| 2012 | -- | $67,064 |
| 2011 | -- | $67,064 |
| 2010 | -- | $67,064 -4.7% |
| 2009 | -- | $70,361 |
| 2008 | -- | $70,361 |
| 2007 | -- | $70,361 +3.3% |
| 2006 | -- | $68,118 +1.6% |
| 2005 | -- | $67,037 -3.5% |
| 2004 | -- | $69,500 +10% |
| 2003 | -- | $63,200 +9.9% |
| 2002 | -- | $57,500 +9.9% |
| 2001 | -- | $52,300 +7.4% |
| 2000 | -- | $48,700 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Harris County
- Highlands
- 77562
- 207 S 5th St
Nearby cities
Nearby zip codes
Other Highlands Topics
