




$459,000
NAL Estimated Property Value1101 Phillip Ln, Liberty Hill, TX, 78642
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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!
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Liberty Hill
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