205 MONTROSE DRIVE, LIBERTY HILL, TX 78642
Homes for sale in Liberty Hill.
Homes for sale in 78642.
205 Montrose Drive
Liberty Hill, TX 78642
List Price$1,600,000
Listing #6432790
About This Property
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.
Property Features
Location Information
County
Williamson
Subdivision
JOSEPH, B. SUR.
County
Williamson
Directions
From Hwy 183 head west on CR 212 for 620 feet until Summerwood Dr. Take Summerwood Dr west for 0.13 miles then take a left on Montrose Dr. Montrose Drive will dead end at the Property. Located at 205 Montrose Drive.
Area
LH
Interior Features
Interior
Ceiling Fan(s), Main Level Primary
Floors
Carpet
Primary Bedroom On Main
Yes
Laundry
Main Level, Laundry Room
Full Baths
12
Disabled Features
None
Number of Fireplaces
0
Appliances
Cooktop, Electric Water Heater, Microwave, Range
Heating
Central, Electric
Accessibility
None
Exterior Features
Stories
1
Garage Spaces
1
Is New Construction
No
Fencing
Partial
Exterior
Balcony
Lot Size in Acres
10.149
Foundation
Slab
Waterfront Description
None
Possession
Closing & Funding, Close Of Escrow, Immediately
Has Waterfront
No
Water / Sewer
Septic Tank
Has View
Yes
Water
Public
View
Hills, Rural, Trees/Woods
Parking Description
Detached, Open, Unpaved
Is One Story
Yes
School
Elementary School District
Liberty Hill ISD
Middle School
Liberty Hill Middle
Elementary School
LouineNoble
High School
Liberty Hill
Additional Information
Roof/Attic
Composition
APN
R15092000000002A
Other Utilities
Electricity Connected, Water Connected
Status
Active
Property Type
SFR
Documents Available
None
Property SubType
Single Family Residence
Square Feet Source
Owner
Year Built
2023
Mortgage Calculator
$7,471
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$5,765
Monthly Tax
$1,333
Monthly Insurance
$373
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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