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$2,150,000

18800 W State Highway 29, Liberty Hill, TX, 78642

$2,795,000 ARVInfo
On MarketInfo
Just AddedInfo
Baths1 Bath
Baths1,372 Sq Ft
MultipleParcelsMultipleParcels
Year BuiltBuilt in 1930

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Exterior FeaturesNone
Lot Size7.92 acres

Building Information

Year Built1930
Stories1

Land Information

APNR-15-0438-0000-0001
Land UseResidential
Legal DescriptionAW0438 AW0438 - MUDD, B.S. SUR., ACRES 7.922
Census Tract020330
Assessed Land Value$340,914
Assessed Improvement Value$22,726
Assessment Year2025

About this property

10.88 acres of unrestricted highway frontage on TX-29, positioned squarely in the path of growth. Surrounded by the Butler Farms subdivision (1,000+ acres), with future development proposing a new road (very preliminary) connecting the community and CR 206 straight through to Hwy 29 — even more traffic and visibility on the horizon. LHISD owns land West of Butler farms for a new middle school. The City of Liberty Hill utilities (Water/Sewer) is just 4,000 LF away at the Butler Farms entrance. Located in Williamson County, outside city limits and ETJ — no restrictions. This is one of three lots available at this address (Lots 1, 2 & 3, sold separately or together), giving buyers flexibility to expand their footprint along this fast-growing corridor. TX-29 traffic counts run 17,540–29,340 VPD ('23 TxDOT), with steady household growth projected through 2029. The property previously had a house and barns onsite, and infrastructure is already in place: an existing well drilled in 1968 into the Trinity Aquifer, plus a septic system (condition unknown). Two gated entrances and cross-fencing make it simple to split the property into separate ground leases, and a compacted gravel pad on one side is ready-made for a laydown yard. With over 1,041 LF of road frontage, this tract also lends itself to subdividing into up to 4-5 lots with shared driveways. Whether you're eyeing a 1031 exchange, a highway-visible home for your business, or ground-up development to support the rapidly growing area — this one checks a lot of boxes. Bring your vision and let's talk development potential.

Investor Tools

$0Estimated Mortgage Balance
$384,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$2,795,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,900 /month
Positive
Cash Flow Estimate:
$4,300 /month

Interested in this property?

Reese Phillips

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$599/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,267
$363,640
2025
$340,914
$22,726
$363,640
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,267
$363,640

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$384,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
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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18800 W State Highway 29 | Property Details | No Agent List