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$459,000

NAL Estimated Property Value

1101 Phillip Ln, Liberty Hill, TX, 78642

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,128 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$242.01 / sqft
Year BuiltBuilt in 2001

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 2Bathrooms Half 2
AppliancesDishwasher, Free-Standing Electric Range, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesGarden

Building Information

Year Built2001

Land Information

APNR-15-3600-0000-0020M2 02
Lot Number20
SubdivisionNorthwest Acres
Land UseMobile/Manufactured Home
Legal DescriptionMOBILE HOME ONLY S4240 - NORTHWEST ACRES, LOT 20, SERIAL # TXFL186A03554EG11A, TITLE # 00121464, LABEL # RAD1315032, ACRES 3,
Census Tract020208
Assessed Improvement Value$158,593
Assessment Year2025

About this property

2 Homes on 3 Acres – Endless Possibilities! Whether you're an **investor looking for rental income** or **a family dreaming of a private compound**, this property offers space, flexibility, and opportunity! ###! Key Features:** ? **Two Separate Homes** – Perfect for multigenerational living, rental income, or guest accommodations ? **3 Acres of Land** – Plenty of room to spread out, garden, or just enjoy the open space ? **Room for One More Home** – Build an additional **Accessory Dwelling Unit (ADU)** to maximize potential ? **No Restrictions** – Freedom to customize, expand, or use the land as you wish ? **Prime Location** – Just minutes from HEB, Costco, Target, and other major shopping & amenities ### ** The Two Homes:** - **Home #1:** A charming **two-story, 3-bedroom, 1.5-bath home** with an open-concept kitchen and living area—perfect for cozy gatherings. - **Home #2:** A **fully remodeled doublewide** with modern updates, spacious living, and room to make it your own. ### ** Why You’ll Love It:** For the **dreamer & visionary** – Imagine building your **own private family compound**, with space for everyone to live together yet independently. Grow your own food, raise animals, or create a peaceful retreat. For the **savvy investor** – **Live in one home and rent the other**, or rent both for passive income. Add a third unit to maximize your investment. ** This property is more than just land and houses—it’s **a place to build your future!** Whether you want a **family retreat or an income-generating opportunity**, this is the **perfect blend of space, privacy, and convenience.** **Don’t wait!** Opportunities like this don’t come around often. Come see it today!

Investor Tools

Property Icon
$459,000
Estimated Property Value
$0Estimated Mortgage Balance
$459,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,090 /month
Positive
Cash Flow Estimate:
$1,030 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$242/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$613
$158,593
2025
N/A
$158,593
$158,593
No

Tax History

Year
Tax Paid
Assessed Value
2025
$613
$158,593

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$422,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Liberty Hill

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1101 Phillip Ln | Property Details | No Agent List