Agent profile image in chat bubble
Agent profile image in chat header

Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

Agent profile image in message

205 Montrose Dr , Liberty Hill, TX 78642
$1,600,000
Est. Payment: $8,055.99/mo
20 Bed
12 Bath
8240 Sqft
Status: active | Days on site: 1
Get Pre-Qualified
VCR-C15903466 - VCR-C159091383,VCR-C159052275

By providing your number, you are expressly consenting, in writing, to receive telemarketing and other messages, including calls or texts at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply. Text STOP to cancel.

This site is protected by reCAPTCHA and the GooglePrivacy Policy and Terms of Service apply.

Agent profile image
Jeannette Spinelli
Broker Associate & Founder

House 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.

Highlights

Listed by Zoe Viccaji , (512) 508-6202 and Steve Takata , (510) 502-2086 Pure Realty , (512) 337-0400. Austin MLS mls logo

Property Type

Residential

Lot/Acreage
10.15

Year Built

2023

County

Williamson

Area

LH

Neighborhood

Joseph, B. Sur.

School District

Liberty Hill ISD

Listing ID

6432790

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:20
  • Bathrooms:12
  • Full Bathrooms:12
Appliances:Cooktop, Electric Water Heater, Microwave, Range
Floor:Carpet
Other:Ceiling Fan(s),Main Level Primary
Other:Public

Exterior Features

Lot:Level
Roof:Composition
Others:Balcony,Resale
Sewer:Septic Tank
Parking Features:Detached,Open,Unpaved
Principal Interest
$8,056
Taxes
$517

Home Price

$1,600,000

Loan Details

30 yrs
6.459%

Down Payment

20%
$320,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,055.99

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,055.99 $517.00 $0.00 $8,572.99
Yearly $96,671.86 $6,204.00 $0.00 $102,875.86
Total $2,900,155.71 $186,120.00 $0.00 $3,086,275.71

Today's Rates

30 Year

6.46%

20 Year

6.2%

15 Year

5.91%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Jul 2026

Average Price

All Price Ranges
N/A
Jul 2026

Average Days on Market

All Price Ranges
N/A
Jul 2026
Market insight data is pulled from the same city as the listing being viewed (Liberty Hill, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Spinelli Residential Group | KW - Austin Portfolio Real Estate nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Austin MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-07-17T01:20:20.000Z

© 2026 Austin MLS

MLS Logo - Austin MLS