Stubblefield Park contains mostly spacious two-bedroom floor plans equipped with full-sized washer/dryer connections. All units boast upscale kitchens equipped with premium fixtures, blanco maple quartz counter tops, new white-faced appliances, full pantry closets, large single-basin stainless steel sinks and custom-built cabinetry. Other unit features include private balconies/patios, over-sized closets, extra sound conditioning in walls and floors and an abundance of storage space throughout. Residents are responsible for paying all utilities direct to provider, and all utility infrastructure is owned/maintained by the city, limiting the landlord from exposure to utility bill collections and major utility repairs. The community is built along a natural greenbelt offering residents gorgeous scenery views and plenty of open green space among large live oak trees. Located in the old town district, residents are within walking distance to historic downtown strip, giving access to a local grocery store, restaurants, bakeries, coffee shops and boutique shopping. The city of Liberty Hill is known for its impressive school district, being ranked among the top within the Austin metro. Only 30 miles from the center of Austin and 15 miles west of Georgetown, the city of Liberty Hill is well-positioned for commuters into major employers in the Austin area. The city’s growth is driven by a trend of residents that seek affordability and top-quality school districts but also a location close to major employment centers. Stubblefield Park offers investors an opportunity to purchase a high-quality, low-maintenance asset in a quickly growing submarket of the Austin MSA, with immediate rental upside in the short term. With limited access in a severely under-supplied rental market and quickly rising single family home prices – median values were well above $300,000 for 2019 – there is a large gap between cost of renting versus buying in the city of Liberty Hill, indicating immediate upside in rental rates at Stubblefield Park. Additionally, investors are offered more opportunity to add value through implementation of other income items including washer/dryer rentals, pest control and trash bill back.
