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$482,000

NAL Estimated Property Value

408 Carl Shipp Dr, Liberty Hill, TX, 78642

Off MarketInfo
Beds6 Beds
Baths6 Bath
Baths2,780 Sq Ft
DuplexDuplex
price_per_sqft$161.51 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Free-Standing Range, Electric Water Heater
FlooringCarpet, Tile

Exterior

Exterior FeaturesNone
Lot Size8,712 sqft

Building Information

Year Built2016
Stories2
Garage Spaces4

Land Information

APNR-15-2881-0000-0018
Lot Number18
Land UseResidential
Legal DescriptionS10984 - LIBERTY PLACE, LOT 18, ACRES 0.2
Census Tract020329
Assessed Land Value$85,000
Assessed Improvement Value$355,472
Assessment Year2025

About this property

Live Smart & Invest in Liberty Hill | Ideal House Hack Opportunity with Dual Income Potential Welcome to 408 Carl Shipp, a rare and strategic opportunity to live in one unit and rent the other—perfect for house hackers, owner-occupants, or multi-generational living. This spacious duplex for sale in Liberty Hill features two well-designed 3-bedroom, 2.5-bathroom units—each offering the feel of a single-family home and large private fenced backyards. Inside each unit, you'll find an open-concept floor plan with tile flooring downstairs, a large living area, and an eat-in kitchen with black appliances including a freestanding range, built-in microwave, and dishwasher. Each home includes a guest powder bath and an attached 2-car garage, offering secure parking and direct access. Upstairs, the primary suite features a full bath with dual vanities, while two additional bedrooms and a shared full bath complete the layout—plus a laundry closet and ceiling fans in every room for comfort year-round. Each backyard offers room to garden, entertain, or relax outdoors—enhancing tenant appeal and livability for owner-occupants alike. ?? Located just minutes from charming Downtown Liberty Hill, this property places you close to local boutiques, restaurants, breweries, and year-round festivals—while maintaining a small-town feel with top-rated Liberty Hill ISD schools. You're also just a quick drive to 183A, Highway 29, and within commuting distance to Cedar Park, Leander, Georgetown, and Austin’s Silicon Hills tech corridor. This is eligible for FHA and VA loan if the buyer intends on occupying one unit and keep the 2nd one as an investment property. 3.5% and 5% down options available. Whether you're looking to offset your mortgage with rental income, expand your real estate portfolio, or create a live/work/multigenerational setup, 408 Carl Shipp offers flexibility, freedom, and long-term value in one of Central Texas’s fastest-growing cities.

Investor Tools

Property Icon
$482,000
Estimated Property Value
$351,334Estimated Mortgage Balance
$132,552Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,892 /month
Positive
Cash Flow Estimate:
$964 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,017/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,790
$440,472
2025
$85,000
$355,472
$440,472
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,790
$440,472

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ks Statebank
Conventional
$221,175
No
First
Jun 27, 2016
Jul 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$351,334
$128,666
26%
73%
$2,654/mo

City: Liberty Hill

408 Carl Shipp Dr | Property Details | No Agent List