For sale

Price increase: $20K (7/13)

$150,000

207 S 5th St, Highlands, TX 77562

0beds

2,032sqft

$1,460/mo

Get pre-qualified

Single Family Residence

Built in 1946

0.34 Acres Lot

$-- Zestimate^®

$74/sqft

$-- HOA

What's special

Spacious lot

This 3-bedroom, 2-bath home sits on an 8,407 sq. ft. lot in the established Rolling Hills neighborhood. 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. 3 bedrooms, 2 baths. No utilities on. Prime area. Priced for investment. Don't miss out on this opportunity!

85 days
61
2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 0
Bathrooms: 2
Full bathrooms: 2

Heating

None

Cooling

None

Interior area

Total structure area: 2,032
Total interior livable area: 2,032 sqft

Property

Features

Stories: 2

Lot

Size: 0.34 Acres
Features: Cleared, Subdivided, 1/4 Up to 1/2 Acre

Details

Parcel number: 0582610000013

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Unknown
Foundation: Other
Roof: Composition

Condition

New construction: No
Year built: 1946

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Highlands Townsite

Location

Region: Highlands

Financial & listing details

Price per square foot: $74/sqft
Tax assessed value: $150,795
Annual tax amount: $3,132
Date on market: 7/13/2026
Listing terms: Cash,Investor,Other

Estimated market value

Not available

Estimated sales range

Not available

$1,823/mo

Price history

Date	Event	Price
7/13/2026	Price change	$150,000+15.4%$74/sqft
Source: HAR #44726927 Report a problem
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