For Sale Lot / Land MLS# ACT5341165

205 Montrose Dr

Liberty Hill, TX 78642

$1,600,000

About 205 Montrose Dr

An Exceptional Investment Opportunity! 10 Acres | 6 Homes | Immediate Income | Unlimited Potential (Seller Financing available) 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 details

Property

Type
Multiple Lots (Adjacent)
MLS type
Land
Status
Active
Lot
10.149 AC / 442,090 SF
Original price
$1,600,000
MLS #
5341165

Exterior & lot

Lot
Level
Fence
Partial
View
Hill Country, Rural, Trees/Woods

Schools

District
Liberty Hill ISD
Elementary
LouineNoble
Middle
Liberty Hill Middle
High
Liberty Hill

Utilities

Utilities
Electricity Connected, Water Connected
Water
Public
Sewer
Septic Tank

Financial

Annual tax
$6,204
Tax year
2026
Parcel
R15092000000002A
Legal
AW0920 AW0920 - JOSEPH, B. SUR., ACRES 10.149, & AW0654 WEBBER, J. F. SUR., [R560716 & R565232 & R590993 & R605272 MH]
Special conditions
Standard

Location

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.

Location

Neighborhood
JOSEPH, B. SUR.

Ask about this property

Questions on 205 Montrose Dr, or want to see it in person?

Listed by Zoe Viccaji, Pure Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.