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
For sale
$1,200,000
5440 Highline Dr, Montgomery, TX 77316
--beds
1,960sqft
Multi Family
Built in 2008
-- sqft lot
$-- Zestimate®
$612/sqft
$-- HOA
What's special
Additional landNew roofs
- 14 days
- 90
- 11
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Thomas Eureste TREC #0675453 832-866-3208,
Nan & Company Properties - Corporate Office (Heights),
Jason Nguyen TREC #0654618 713-703-0217,
Nan & Company Properties - Corporate Office (Heights)
Source: HAR,MLS#: 54629517
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Range, Microwave, Dishwasher
Features
- Flooring: Concrete
Interior area
- Total structure area: 1,960
- Total interior livable area: 1,960 sqft
Property
Parking
- Parking features: Two Parking Units
Features
- Stories: 1
Lot
- Size: 0.51 Acres
- Dimensions: 217 x 100
- Features: 1/2 Up to 1 Acre
Details
- Parcel number: 100726
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cement Siding, Wood Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 2008
Utilities & green energy
- Utilities for property: Cable Connected, Electricity Available, Water Connected
Community & HOA
Community
- Subdivision: Holly Estates 01
Location
- Region: Montgomery
Financial & listing details
- Price per square foot: $612/sqft
- Tax assessed value: $281,655
- Annual tax amount: $4,344
- Date on market: 8/24/2026
- Lease term: 1 Year,Month To Month
Estimated market value
Not available
Estimated sales range
Not available
$1,474/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2026 | Listed for sale | $1,200,000+60%$612/sqft |
Source: | ||
| 9/27/2022 | Listing removed | -- |
Source: | ||
| 9/1/2022 | Price change | $750,000-11.8%$383/sqft |
Source: | ||
| 8/23/2022 | Listed for sale | $850,000$434/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,344 +19.7% | $268,922 +20% |
| 2024 | $3,630 -5.2% | $224,102 -8.3% |
| 2023 | $3,831 | $244,280 +33.1% |
| 2022 | -- | $183,490 +14.5% |
| 2021 | $2,925 +9.4% | $160,290 +12.1% |
| 2020 | $2,674 +1.4% | $142,990 +3.7% |
| 2019 | $2,638 +4% | $137,830 +8.5% |
| 2018 | $2,536 -0.3% | $127,000 |
| 2017 | $2,544 +5% | $127,000 -0.6% |
| 2016 | $2,422 +2.4% | $127,790 |
| 2015 | $2,366 | $127,790 +7.2% |
| 2014 | $2,366 | $119,200 -1.8% |
| 2013 | -- | $121,420 |
| 2012 | -- | $121,420 |
| 2011 | -- | $121,420 |
| 2010 | -- | $121,420 -1.6% |
| 2009 | -- | $123,390 +3015.9% |
| 2008 | -- | $3,960 |
| 2007 | -- | $3,960 |
| 2006 | -- | $3,960 |
| 2005 | -- | $3,960 |
| 2004 | -- | $3,960 |
| 2003 | -- | $3,960 |
| 2002 | -- | $3,960 |
| 2001 | -- | $3,960 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 77316
Nearby schools
Schools provided by the listing agent
- Elementary: Lone Star Elementary School (Montgomery)
- Middle: Oak Hill Junior High School
- High: Lake Creek High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





