5-Unit Multifamily in Highlands, TX
Harris County, TX · listed Jan 30, 2025 (636 days)
▼ Reduced 10.5% on Sep 7, 2026, was $1,000,000
- $/unit
- $179,000
- ▲ 94% vs TX · 83rd pct
- Cap rate
- —
- Gross yield
- —
- Units
- 5
- 2000
Financials
- Asking price
- $895,000
- Price per unit
- $179,000
- Price per sq ft
- Not stated
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- 100%
As stated by the seller. Verify during due diligence.
Building
- Units
- 5
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 2000
- Building size
- Not stated
- Avg unit size
- Not stated
- Lot size
- 9.54 acres
- Condition
- Stabilized
Deal terms
- Owner financing
- Available
Listing
- Listed
- Jan 30, 2025
- Days on market
- 636 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Sep 7, 2026: $1M → $895K
- Location
- Approximate (~0.5 mi)
- Listing #
- 1649
About this property
Prime Investment Opportunity in Highlands, Texas! Lot Size: 9.54 Acres. Inquire about seller financing!! Discover an exceptional chance to own five income-producing trailers on property in one of Texas's fastest-growing cities and room for many more!! Perfectly situated just east of Baytown and Houston, this location offers the best of both worlds—a peaceful rural country feel with quick access to shopping, dining, and entertainment. Centrally located near SH 146, I-10, and Hwy 330. It is also part of the Houston metropolitan area, which includes a mix of suburban living and growing commercial development. This property is a great space for a multi-family development, RV Mobile Home. It offers excellent versatility for residential or commercial use outside the Flood Hazard Zone in X. The survey is available upon request.
100% Occupied Mobile Home Park in Houston TX on 9.5 acres
Highlights
Prime Investment Opportunity in Highlands, Texas! Lot Size: 9.54 Acres. Discover an exceptional chance to own five income-producing trailers on property in one of Texas's fastest-growing cities and room for many more!! Perfectly situated just east of Baytown and Houston, this location offers the best of both worlds—a peaceful rural country feel with quick access to shopping, dining, and entertainment. Centrally located near SH 146, I-10, and Hwy 330. It is also part of the Houston metropolitan area, which includes a mix of suburban living and growing commercial development. This property is a great space for a multi-family development, RV Mobile Home. It offers excellent versatility for residential or commercial use outside the Flood Hazard Zone in X. The survey is available upon request.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Crosby, TXValue-add | $325K | $65K$65K | — |
| Baytown, TX Stabilized | $500K | $83K$83K | — |
Baytown, TX | $310K | $62K$62K | — |
Stabilized | $600K | $100K$100K | — |
Houston, TXStabilized | $350K | $70K$70K | — |
Channelview, TXStabilized | $1.5M | $83K$83K | — |



