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B+
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$394,216

319 River Rd, Liberty Hill, TX, 78642

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,600 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$149.62 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
AppliancesDishwasher, Free-Standing Range, Refrigerator
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size3 acres

Building Information

Year Built1985
Stories1

Land Information

APNR-15-4900-0000-0185
Lot Number185
SubdivisionSan Gabriel River Ranch
Land UseResidential
Legal DescriptionS4539 - SAN GABRIEL RIVER RANCH, LOT 185, SERIAL 12326259, LABEL # PFS0475832, ACRES 3, MODEL RIVERIA
Census Tract020207
Assessed Land Value$270,000
Assessed Improvement Value$124,216
Assessment Year2025

About this property

Perched on a hill above the San Gabriel River, 319 River Road offers a unique blend of current comfort and future potential. This gated property harmoniously combines immediate livability with the dream of something even more extraordinary. Two thoughtfully updated manufactured homes, together spanning 2,600 square feet, currently grace this property. With four bedrooms and three and a half baths total, these well-maintained homes provide immediate comfort or rental income potential. A charming red barn-style shed adds extra storage, while the fenced and gated entrance ensures privacy. But it's what lies ahead that truly sets this property apart. Rising 30 feet above the river, this land presents a remarkable opportunity for your future dream home. Imagine floor-to-ceiling windows capturing breathtaking river views, multi-level living spaces that flow seamlessly with the natural terrain, and peaceful moments spent watching wildlife along the tree-lined river below Whether you choose to rent both homes as a pure investment, rent them while planning and building your dream home, or live in them now knowing you have the perfect spot for your future sanctuary, this property offers flexibility few others can match. Don't miss this opportunity to own a piece of riverside serenity with unlimited potential.

Investor Tools

Property Icon
$394,216
Estimated Property Value
$272,300Estimated Mortgage Balance
$127,529Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,365 /month
Positive
Cash Flow Estimate:
$788 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$339/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,094
$394,216
2025
$270,000
$124,216
$394,216
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,094
$394,216

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of America
Conventional
$272,300
No
First
Mar 7, 2025
Mar 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$267,097
$127,119
32%
68%
$1,633/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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