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$1,600,000

205 Montrose Dr, Liberty Hill, TX, 78642

On MarketInfo
Beds20 Beds
Baths12 Bath
Baths2,482 Sq Ft
MultipleParcelsMultipleParcels
price_per_sqft$194.17 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 20Bedrooms 20
Bathrooms Half 12Bathrooms Half 12

Exterior

Lot Size3.97 acres

Building Information

Year Built2017

Land Information

APNR-15-0920-0000-0002A-M1 01
Land UseMobile/Manufactured Home
Legal DescriptionMOBILE HOME ONLY AW0920 - JOSEPH, B. SUR., SERIAL FLE240TX1638890A, TITLE # 00683009, LABEL # PFS1178947, ACRES 3.969, MODEL
Census Tract020208
Assessed Improvement Value$257,119
Assessment Year2025

About this property

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.

Investor Tools

$0Estimated Mortgage Balance
$311,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,600 /month
Positive
Cash Flow Estimate:
$3,200 /month

Interested in this property?

Zoe Viccaji

Pure Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$158/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$337
$257,119
2025
N/A
$257,119
$257,119
No

Tax History

Year
Tax Paid
Assessed Value
2025
$337
$257,119

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$313,000
100%
0%
$0/mo

City: Liberty Hill

205 Montrose Dr | Property Details | No Agent List