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$1,200,000
Listing Price--beds
4baths
1,960sqft
22,000sqft lot
5440 Highline Dr, Montgomery, TX 77316
Member Features
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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
Home type
Price / sqft
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
1960
N/A
4
Has Heating:
Yes
Heating Type:
Central
Has Cooling:
Yes
Cooling Type:
Central
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
22000
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
No
No
No
No
Yes
No
No
Construction Details
Conventional
Fiber Cement Siding (hardi-board/hardi-plank)
N/A
N/A
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





