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205 Montrose Dr

Liberty Hill, TX 78642
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Just listedJust listed
20 Bedroom(s)
12 Full Bath(s)
8,240 Sqft
10.15 Lot Acres
Residential Single Family

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Description

An Exceptional Investment Opportunity! 10 Acres | 6 Homes | Immediate Income | Unlimited Potential This is the kind of opportunity that rarely comes to market. Set on a generous 10-acre parcel, this established income-producing property features six single-family residences — five currently generating consistent rental income, with the sixth serving as the owner's private residence. With a current CAP rate of approximately 5.5-6.5%, this is a performing asset from day one. But the real story is the land. Ten acres in this market represents far more than what's currently on it. Whether you're an investor looking for steady cash flow, a developer with a vision for what comes next, or a buyer ready to live on site while your investment works for you — this property meets you exactly where you are.

MLS#
ABORTX-6432790
List Price
$1,600,000 ($194/Sqft.)
Listing Status
For Sale
Address
205 Montrose Dr
City
Liberty Hill
State
TX
Zip Code
78642
County
Williamson County
Subdivision
JOSEPH, B. SUR.
Legal Description
AW0920 AW0920 - JOSEPH, B. SUR., ACRES 10.149, & AW0654 WEBBER, J. F. SUR., [R560716 & R565232 & R590993 & R605272 MH]
Property Type
Residential Single Family
Bedroom
20 Bedroom(s)
Bath
12 Full Bath(s)
Garages
1 / Detached
Stories
1
Building Size
8,240 Sqft/Owner
Year Built
2023 /Owner
Lot Size
10.15 Lot Acres/Appraisal District
LP / Acre
$157,651 / Acre

Interior

Number Of Living Area
6
Number Of Dining Area
6
Floors
Carpet
Cooling
Central Air
Heating
Central, Electric
Window
Blinds,Screens
Appliances
Cooktop, Water Heater-Electric, Microwave, Range
Security System
Smoke Detector(s)
Interior
Ceiling Fan(s), Primary Bedroom on Main

Exterior

Roof
Composition
Foundation
Slab
Private Pool
No
Exterior Type
None
Lot Description
Level
Parking
Detached, Open, Unpaved
Parking Space
Garage 1 / Parking 12
Utility
Electricity Connected,Water Connected
Front Door Face
NE
Views
Hill Country,Rural,Trees/Woods
Exterior
Balcony

Lot Information

Lot Size
10.15 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

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Source last updated Apr 22, 2026 at 07:08 PM
Listing last updated Apr 22, 2026 at 06:38 PM
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Cost/Sqft based on tax value

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Estimated Monthly Payments

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Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Assigned schools

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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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