5440 Highline Drive Montgomery, TX $ 1,200,000
5440 Highline Drive
$ 1,200,000
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5440 Highline Drive

Montgomery, TX, 77316
$ 1,200,000
Baths4.0 Sq 1,960

Monthly Estimate*

$ 7,577

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Studio

Multi-Family Home for sale in Montgomery, TX

for $1,200,000 with 4 full baths. This 1,960 square foot home was built in 2008.

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

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Multi-Family Active

Price

$ 1,200,000

Bedrooms

Studio

Full Bath

4

Property Type

Multi-Family

Taxes

$ 4,344

Style

Year Built

2008

Town/City

Montgomery

County/Region

Montgomery

MLS | Web ID

54629517

Features
General
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Available Electricity Available Water Available
Roof Composition
Appliances Dishwasher Microwave
Construction Materials Cement Siding Wood Siding
Year Built 2008
Stories Count 1
Levels One
Property Subtype Detached
Tax Year 2025
Gross Income 121200
County Montgomery
New Construction false
Property Type Residential Income
Subdivision Name Holly Estates 01
Facing Direction East
Full Baths 4
Status Active
Directions From Hwy 105 turn left on McCaleb Rd then right on Capitol Hill Rd. After approximately 1 mile turn right on Rabon Chapel Rd. After 1 mile take a left at stop sign onto Highline Dr. Duplexes will be immediately on right side.
High School LAKE CREEK HIGH SCHOOL
City Montgomery
Disclosures Seller Disclosure
High School District 37 - Montgomery
Number Of Units Total 8
MLS Area 39
Lot Size Units Square Feet
Elementary School LONE STAR ELEMENTARY SCHOOL (MONTGOMERY)
Tax Annual Amount 4344
Middle/Junior High School OAK HILL JUNIOR HIGH SCHOOL
MLS Area Minor Lake Conroe Area
Standard Status Active
Middle/Junior School District 37 - Montgomery
Elementary School District 37 - Montgomery
Year Built Source Public Records
Legal Description S586000 - HOLLY ESTATES 01 BLOCK 1 LOT 23
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Interior
Flooring Concrete
Air Conditioning Y/N true
Heating Y/N true
Total Baths 4
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Exterior
Lot Size Area 22002
Building Area Total 1960
Lot Dimensions 217x100
Other Parking Two
Lot Size Source Appraiser
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* Excluded Features
List By
Nan & Company Properties - Corporate Office (Heights)

Broker

thomas@nanproperties.com

Email

Affordability Calculator

$7,939
Per Month
95%
5%
0%
Monthly Principal & Interest
$7,577
Monthly Property Taxes
$362
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
LAKE CREEK HIGH SCHOOL High School High School
Pricing History
DatePricePrice ChangeDescription
8/24/2026$1,200,000 Listed Price

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5440 Highline Drive, Montgomery, TX, 77316 is a Multi-Family Home for sale at $1,200,000 with 1,960 sqft. 5440 Highline Drive is a studio with 4.0 baths and was built in 2008. The property's zip code is 77316 which is in Montgomery, TX