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$1,200,000

Listing Price

--beds

4baths

1,960sqft

22,000sqft lot

5440 Highline Dr, Montgomery, TX 77316

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

143.96

Price / sqft

2008

Year built

Home Details

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

Interior Details

Square Feet
  • 1960

Bedrooms
  • N/A

Bathrooms
  • 4

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 22000

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • Conventional

Exterior
  • Fiber Cement Siding (hardi-board/hardi-plank)

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$2,637

$12,630

$130,360

--%

$142,990

2019

$2,637

$12,630

$125,200

--%

$137,830

2017

$2,543

$7,920

$119,080

--%

$127,000

2017

$2,543

$7,920

$119,080

--%

$127,000

2016

$2,561

$7,920

$119,870

--%

$127,790

2014

$2,365

$3,960

$115,240

--%

$119,200

2013

$2,418

$3,960

$117,460

--%

$121,420

2012

$2,426

$0

$0

--%

$121,420

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Average Home Price in 77316

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
1,200,000
$
Down payment
240,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
7,200
$
HOA (Monthly)
0
$
PMI
0
$
$7,768
Your Payment
Total Monthly Payment:$7,768
Percent of Income:133%
Affordable:No

Details for 5440 HIGHLINE DR

Property Debt

Foreclosure Contact Details