




$375,000
NAL Estimated Property Value118 Bailey LN, Liberty Hill, TX, 78642
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Interior
Exterior
About this property
Great commercial opportunity in booming Liberty Hill just off HWY 29! This property is 2 acres & currently has an income producing duplex on it. The duplex is 3BR/2BA each side & total monthly rents are $2450. Access to sewer is just down Bailey Lane and once brought to the property opens the lot to further development with many possibilities including subdividing into smaller lots, building additional multi-family units, converting duplex into office space/build additional office space, and more!Restrictions: Yes
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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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