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.
Property Details
| Status | Active |
| MLS # | ACT227323192 |
| Taxes | $6,204 (2024) / year |
| Type | Residential |
| Year Built | 2023 |
| Lot Size | 10.15 AC / 442,090 SF |
| County | Williamson |
| Subdivision | JOSEPH, B. SUR. |
| Garage Spaces | 1 |
Property Information
Interior
Exterior
Appliances
Community
Parking
Utilities & Construction
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.
Location
Property History
| Date | Event | Price |
|---|---|---|
| May 18, 2026 | Listed (Active) · MLS# ACT227323192 | $1,600,000 |
Full transaction history may not be available. Data sourced from ACTRIS MLS.
Public Records
| Beds | 20 |
| Lot Size | 442,090 Sq. Ft. |
| Style | Residential |
| County | WILLIAMSON |
| MLS # | ACT227323192 |
Schools
Please verify enrollment eligibility directly with schools.
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Payment Estimate
For illustrative purposes only. Contact a lender for accurate figures.