205 Montrose Dr, Liberty Hill, TX 78642

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.

Twenty acres of raw potential in Liberty Hill, just outside Austin's growth corridor, anchored by six income-producing single-family residences on a level 10.149-acre parcel that trades at $194 per square foot. This is not a typical residential purchase. This is a performing asset with immediate cash flow and land value that extends far beyond the current structures.

The property sits in Liberty Hill Independent School District, served by Louine Noble Elementary, Liberty Hill Middle School, and Liberty Hill High School. The location positions residents roughly 30 minutes from downtown Austin via Highway 183, with proximity to major employers including Dell, Apple, Tesla, and Oracle in north Austin corridors. The drive to Austin-Bergstrom International Airport runs approximately 45 minutes.

Five of the six residences generate consistent rental income immediately. The sixth serves as the owner's private residence on the property. The current portfolio operates with a cap rate near 5.5-6.5%, meaning the asset performs from the first month. This is not speculative. This is stabilized income production on land that has already appreciated significantly in the Liberty Hill market.

The dramatic differentiator is the land itself. Ten acres in this trajectory of Austin's suburban expansion represents something rare: a parcel large enough to function as a multi-unit income play today, yet positioned on land where longer-term development potential cannot be ignored. Whether your strategy involves holding the existing income stream while the surrounding market builds out, acquiring additional contiguous parcels, or executing a larger development vision, the foundation exists.

The current structure provides flexibility that most residential properties do not. You can occupy one residence while managing five producing assets. You can hold for appreciation while collecting rent. You can retain the income while planning next-phase development. In Liberty Hill's rapid growth toward the Austin metro, this combination of immediate cash flow and unencumbered land represents the kind of opportunity that defines real estate value over a decade-long cycle.

For investors, developers, or owner-operators seeking a working asset with meaningful land upside in a rapidly appreciating Austin suburb, 205 Montrose Drive offers what few properties can deliver: performance today and optionality tomorrow.