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1604 County Road 204
About This Property
Conveniently located near Liberty Hill and Georgetown, this property offers the peaceful setting of rural living without sacrificing access to shopping, dining, schools, and major roadways. County road frontage provides access to the property, and there is no HOA.
An electrical line is available to potentially serve the property, while a private water well and septic system would need to be installed. Buyers should independently verify utility connections, installation requirements, and intended land uses.
Whether you're looking to build now or invest in land for the future, this is your opportunity to own nearly 13 acres in the growing Liberty Hill area. Bring your vision and make it your own!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 9, 2026 | Listed by Compass RE Texas, LLC | $525,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017