205 Montrose DR, Liberty Hill, TX — photo 1
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$1,600,000
20 beds12 baths8,240 sqft

205 Montrose DR, Liberty Hill TX 78642

MLS #241325457 · Pure Realty · Zoe Viccaji

Residential
Built in 2023
10.15 Acres Lot
$194/sqft

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.

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
2023
Full baths
12
Lot size
10.149
Subdivision
JOSEPH, B. SUR.
MLS area
LH
MLS #
241325457

Features

Interior features

  • Ceiling Fan(s)
  • Primary Bedroom on Main

Exterior features

  • Balcony

Additional details

Parking
Detached, Open, Unpaved
Garage spaces
1
Roof
Composition
Foundation
Slab
Annual tax
$6,204

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Schools

Assigned schools per the MLS.

School district
Liberty Hill ISD
Elementary
LouineNoble
Middle
Liberty Hill Middle
High
Liberty Hill

See Liberty Hill ISD schools & boundaries →

Comparable homes near 205 Montrose DR

Similar homes currently for sale nearby, ranked by distance.

Getting around

Downtown Austin
33.2 mi
Austin-Bergstrom Airport
39.1 mi

Straight-line distance, not drive time.

Market insights

Compared with 801 active homes in ZIP 78642 · HomeLocating listings

Area median price
$525,000
This home vs. median
205% above
Homes with a price cut
55%

At $1,600,000, this home is priced 205% above the $525,000 median across 801 active homes in ZIP 78642.

Estimated monthly payment

$9,274/mo
Principal & interest$8,090/mo
Property taxes
Home insurance (est.)

Home price

$1,600,000

Down payment

20% ($320,000)

Loan details

30-yr fixed, 6.50%

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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.

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Listing courtesy of Pure Realty · Zoe Viccaji

Listing data last updated Oct 2, 2026, 11:46 PM

Information is deemed reliable but not guaranteed and should be independently verified. Listing information is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 HomeLocating.com.

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