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$1,600,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 205 Montrose Dr
General
- Price: $1,600,000
- Taxes: $6,204 (2024)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 6432790
- Updated: 4/22/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Main Level Primary
- Appliances: Cooktop, Electric Water Heater, Microwave, Range
- Flooring: Carpet
Rooms
Bathrooms
- Total Bathrooms: 12
- Full Bathrooms: 12
Bedrooms
- Total Bedrooms: 20
- Bedrooms Main: 20
Other Rooms
- Laundry: Main Level, Laundry Room
Additional Information
- Shared Amenities: None
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: Covered, Deck, Patio, Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Total Spaces: 12
- Parking Features: Detached, Open, Unpaved
Location
- Area: LH
- County: Williamson
- Subdivision: JOSEPH, B. SUR.
- Driving 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.
- Direction Faces: Northeast
School Information
- Elem School District: Liberty Hill ISD
- Midd School District: Liberty Hill ISD
- High School District: Liberty Hill ISD
- Elementary School: LouineNoble
- Middle School: Liberty Hill Middle
- High School: Liberty Hill
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Electricity Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Builder: OWNER
- Roof: Composition
- Windows: Blinds, Screens
- Stories/Levels: 1
- Square Feet: 8,240
- Sq. Ft. Source: Owner
- Living Area: 8,240 Sq. Ft.
- Year Built: 2023
- Year Built Source: Owner
- Property Condition: Resale
Additional Structures
- Other Structures: Living Quarters, Mobile Home, Workshop
Lot Features
- Property View: Hills, Rural, Trees/Woods
- Lot Size (Acres): 10.149
- Lot Size (Sq. Ft.): 442,090.44
- Fence: Yes
- Lot Features: Level
- Fencing (Description): Partial
Financial Considerations
- Assessment Amount: $1,049,294
- Tax Amount: $6,204
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, Fannie Mae, Owner May Carry
Disclosures and Reports
- Special Conditions: Standard
- Multiple Parcels: Yes
- Legal Description: AW0920 AW0920 - JOSEPH, B. SUR., ACRES 10.149, & AW0654 WEBBER, J. F. SUR., [R560716 & R565232 & R590993 & R605272 MH]
- Disclosures/Reports: None
- Property ID: R15092000000002A
Listed by Pure Realty
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Schools
Schools serving 205 Montrose Dr
School District:Liberty Hill Independent School District
| Name | Grades | Distance |
|---|---|---|
Louine Noble Elementary School 101 Loop 332, Liberty Hill, TX 78642 | K-5 | 5 mi |
Liberty Hill J High School 13125 West State Highway 29, Liberty Hill, TX 78642 | 6-8 | 4.9 mi |
Liberty Hill High School 16500 West State Highway 29, Liberty Hill, TX 78642 | 10-12 | 5.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 205 Montrose Dr
Date
Details
Price
Change
Source
4/22/2026
Listed
$1,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 205 Montrose Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,664
-2%
$688,282
-12%
2023
$3,724
4%
$778,075
210%
2022
$3,576
34%
$250,873
10%
2021
$2,671
-23%
$228,885
27%
2020
$3,464
-5%
$180,719
11%
2020
$3,663
143%
$162,658
126%
2018
$1,509
78%
$71,960
78%
2017
$850
9%
$40,385
9%
2016
$782
38%
$36,995
39%
2014
$567
—
$26,616
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 205 Montrose Dr
205 Montrose Drive, Liberty Hill, TX 78642 (MLS# 6432790) is a Single Family property with 20 bedrooms and 12 full bathrooms. 205 Montrose Drive is currently listed for $1,600,000 and was received on April 22, 2026. Want to learn more about 205 Montrose Drive? Do you have questions about finding other Single Family real estate for sale in Liberty Hill? You can browse all Liberty Hill real estate or contact a Coldwell Banker agent to request more information.

