5440 Highline Drive, Houston, Texas 77316
$1,200,000
0 Beds
4 Full Baths
Multi-Family
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About 5440 Highline Drive
Exceptional investment opportunity in Montgomery, TX! This multifamily property consists of four duplexes totaling eight income-producing units, all currently leased and generating cash flow from day one. The property has benefited from ongoing improvements, including new roofs, new water heaters in select units, and renovations completed in several units as vacancies occurred over recent years. With an established rental history and existing tenants in place, this is an ideal opportunity for investors looking to add a stabilized multifamily asset to their portfolio. Even more upside awaits with additional land offering the potential to build more duplexes in the future and further increase rental income. A rare combination of immediate cash flow, continued improvements, and future expansion potential in growing Montgomery! The other 3 duplex addresses are 5498, 5516 and 5462 Highline Drive Montgomery, TX 77316
Highlights
5440 Highline Drive
$1,200,000
Multi-Family
1,960 Home Sq Ft
Houston 77316
4 Full Baths
22,002 Lot Sq Ft
General Description
Taxes & Fees
Tax ID
100726
Tax Rate
1.6155%
Taxes w/o Exemption/Yr
$4,344 / 2025
Maint Fee
No
Interior Features
Fireplace
No
Floors
Concrete
Heating
Electric
Cooling
Electric
Appliances
Dishwasher, Microwave, Range
Dishwasher
Yes
Range
Yes
Disposal
No
Microwave
Yes
Loft
No
Exterior Features
Roof
Composition
Exterior Type
Cement Siding, Wood Siding
Private Pool
No
Area Pool
Maybe
Lot Description
1/2 Up to 1 Acre
New Construction
No
Front Door
East
Listing Firm
Nan & Company Properties - Corporate Office (Heights)
Schools
| Name | Grade | Great School Ranking |
|---|---|---|
| Lone Star Elem (Montgomery) | Elementary | 8 of 10 |
| Oak Hill Jr High | Middle | None of 10 |
| Lake Creek High | High | None of 10 |
School information is generated by the most current available data we have. However, as school boundary maps can change, and schools can get too crowded (whereby students zoned to a school may not be able to attend in a given year if they are not registered in time), you need to independently verify and confirm enrollment and all related information directly with the school.
