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205 Montrose Dr, Liberty hill, TX, 78642

20beds
12baths
8,240sqft
$1,600,000
$194price/sqft
$11,253/moest. monthly cost
$450,120/yrincome needed

About This Home

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.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

7/10
7/10
Liberty Hill High SchoolGrades 9-125.4 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2023

Materials

  • Foundation: Slab
  • Roof: Composition

Other

  • Builder name: OWNER

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Cooktop,Electric Water Heater,Microwave,Range

Bedrooms & Bathrooms

  • Bedrooms: 20
  • Bathrooms: 12
  • Full bathrooms: 12
  • Main level bedrooms: 20

Features

  • Ceiling Fan(s),Primary Bedroom on Main
  • Window features: Blinds,Screens
  • Flooring: Carpet

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 8,240 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: R15092000000002A
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Covered,Deck,Patio
  • Exterior features: Balcony
  • Fencing: Partial
  • Has view: Yes
  • View description: Hill Country,Rural,Trees/Woods
  • Waterfront features: None

Lot

  • Lot size: 10.15 Acres
  • Features: Level

Parking

  • Total spaces: 1
  • Parking features: Detached,Open,Unpaved
  • Attached garage spaces: 1
  • Covered spaces: 1