205 Montrose DR, Liberty Hill TX 78642
Liberty Hill, TX 78642 · JOSEPH, B. SUR.
Single Family Residence for sale in JOSEPH, B. SUR.
Overview
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.
Financial Info
- Price
- $1,600,000
- $ / Sqft
- $194
- HOA
- None
- Tax Rate
- 1.886%
- Est. Taxes
- $6,000
- Tax Year
- 2024
- Exemptions
- Homestead
Legal Info
- Address
- 205 Montrose DR
- County
- Williamson
- City
- Liberty Hill
- State
- TX
- Zip
- 78642
- Subdivision
- JOSEPH, B. SUR.
- Legal Description
- AW0920 AW0920 - JOSEPH, B. SUR., ACRES 10.149, & AW0654 WEBBER, J. F. SUR., [R560716 & R565232 & R590993 & R605272 MH]
- Parcel
- R15092000000002A
Interior Features
- Floor
- Carpet
- Num Living
- 6
- Dining
- 6
- Appliances
- Cooktop, Electric Water Heater, Microwave, Range
- Laundry
- Laundry Room, Main Level
- Master Bed
- Primary Bedroom on Main
- Master Main
- Yes
- Interior Features
- Ceiling Fan(s), Primary Bedroom on Main, Smoke Detector(s), Blinds, Screens
General Info
- Beds
- 20 Total / 20 Main Level
- Full / Half Baths
- 12 / 0
- Prop Type
- Residential
- Property Type
- Single Family Residence
- Stories
- 1
- Year Built
- 2023 / Resale
- Square Feet
- 8,240 / Owner
- Garages
- 1
- Garage Desc
- Detached, Open, Unpaved
- Foundation
- Slab
- Roof
- Composition
- Construction
- None
- Acres
- 10.15
- Lot Description
- Level
- Restrictions
- None
- Flood Plain
- No
- View
- Hill Country, Rural, Trees/Woods
- Water Access
- No
- Waterfront
- No
- Area
- LH
Utility Info
- Water
- Public
- Sewer
- Septic Tank
- Utilities
- Electricity Connected, Water Connected
- Heat
- Central, Electric
- A C
- Central Air
Exterior Features
- Fence
- Partial
- Exterior Features
- Balcony, Covered, Deck, Patio
- Pool On Property
- No
- Area Amenities
- None
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Apr 22, 2026 | New Listing | — |
Taxes
- Legal
- AW0920 AW0920 - JOSEPH, B. SUR., ACRES 10.149, & AW0654 WEBBER, J. F. SUR., [R560716 & R565232 & R590993 & R605272 MH]
- Geo ID
- 15092000000002A
- Acreage
- 10.15
- Exemption Type
- None on record
- Detail
- Not provided by this county source
- MLS estimated annual taxes
- $6,000
- MLS tax year
- 2024
| Year | Land | Improvements | Market | Assessed |
|---|---|---|---|---|
| 2026 | $404,077 | $472,433 | $876,510 | $722,189 |
Disclaimer: Tax data provided by Williamson Central Appraisal District (2026 Williamson CAD Property export).
Schools
School Info
- District
- Liberty Hill ISD
- Elementary
- LouineNoble
- Middle
- Liberty Hill Middle
- High
- Liberty Hill
Maps
Financing
Your preferences
- 20% down
- Conv/Jumbo
- 30 years
- 6.50% rate
Saved on this device
Estimated monthly payment
$9,923 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $9,923
- Principal & interest
- $8,090
- Property taxes
- $500
- Homeowners insurance
- $1,333
*PITI only
These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $1,280,000 | $14,307 | $82,779 | $1,265,693 | |
| 2 | $1,265,693 | $15,265 | $81,821 | $1,250,428 | |
| 3 | $1,250,428 | $16,287 | $80,798 | $1,234,141 | |
| 4 | $1,234,141 | $17,378 | $79,707 | $1,216,763 | |
| 5 | $1,216,763 | $18,542 | $78,544 | $1,198,221 | |
| 6 | $1,198,221 | $19,784 | $77,302 | $1,178,437 | |
| 7 | $1,178,437 | $21,109 | $75,977 | $1,157,328 | |
| 8 | $1,157,328 | $22,522 | $74,563 | $1,134,805 | |
| 9 | $1,134,805 | $24,031 | $73,055 | $1,110,775 | |
| 10 | $1,110,775 | $25,640 | $71,445 | $1,085,134 |
- Year 1$1,265,693
- Principal paid
- $14,307
- Interest paid
- $82,779
- Starting balance
- $1,280,000
- Year 2$1,250,428
- Principal paid
- $15,265
- Interest paid
- $81,821
- Starting balance
- $1,265,693
- Year 3$1,234,141
- Principal paid
- $16,287
- Interest paid
- $80,798
- Starting balance
- $1,250,428
- Year 4$1,216,763
- Principal paid
- $17,378
- Interest paid
- $79,707
- Starting balance
- $1,234,141
- Year 5$1,198,221
- Principal paid
- $18,542
- Interest paid
- $78,544
- Starting balance
- $1,216,763
- Year 6$1,178,437
- Principal paid
- $19,784
- Interest paid
- $77,302
- Starting balance
- $1,198,221
- Year 7$1,157,328
- Principal paid
- $21,109
- Interest paid
- $75,977
- Starting balance
- $1,178,437
- Year 8$1,134,805
- Principal paid
- $22,522
- Interest paid
- $74,563
- Starting balance
- $1,157,328
- Year 9$1,110,775
- Principal paid
- $24,031
- Interest paid
- $73,055
- Starting balance
- $1,134,805
- Year 10$1,085,134
- Principal paid
- $25,640
- Interest paid
- $71,445
- Starting balance
- $1,110,775
Nearby
Courtesy of Pure Realty · (512) 337-0400
Listings courtesy of ACTRIS as distributed by MLS GRID.