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$305,883

NAL Estimated Property Value

601 Phillip Ln, Liberty Hill, TX, 78642

Off MarketInfo
Beds— Beds
Baths— Bath
Baths1,368 Sq Ft
Year BuiltBuilt in 1997

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size2.62 acres

Building Information

Year Built1997
Stories1

Land Information

APNR-15-3600-0000-0024
Lot Number24
Land UseResidential
Legal DescriptionS4240 - NORTHWEST ACRES, LOT 24, SERIAL PH0512816, TITLE # 00170808, LABEL # PFS0417531, ACRES 2.62
Census Tract020208
Assessed Land Value$281,283
Assessed Improvement Value$24,600
Assessment Year2025

About this property

2.62 acres + large 20' x 30' garage/shop/outbuilding + utilties (water/electric/septic) are already in place! Easy plug & play! The previous owner had a mobile home on this property - in a nice level location in middle left side of the lot. The property already has all the connections you need - water, septic and electric (almost directly across from the big 20' x 30' garage/outbuilding). You can move a trailer or mobile home onto the property or transform the garage/outbuilding to living quarters or cool barndo while you build your dream home. Great opportunity here for country living near the heart of Liberty Hill located only a short 5-6 minute drive into town. You can choose your lifestyle & make it happen here! Whether you want to have a weekend getaway or your permanent residence. The full property perimeter is fenced and has a gated entry. The 20' x 30' shop features a side door, large garage/bay door and windows sitting on a professionally poured concrete pad. You can use this space for storage, a workshop, garage or transform it into a trendy barndominium. Best thing, you get to choose with unlimited options!!! Several Texas live oak trees on the property offer shade for livestock or horses - chickens are also allowed. Minimal deed restrictions. Quick 20-30 minute drive to access Georgetown or Cedar Park for additional shopping and dining opportunties. Downtown Austin is approximately 35-40 minutes away accessing the new 183-A Toll Road.

Investor Tools

Property Icon
$305,883
Estimated Property Value
$0Estimated Mortgage Balance
$305,883Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$603/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,709
$305,883
2025
$281,283
$24,600
$305,883
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,709
$305,883

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$305,883
100%
0%
$0/mo

City: Liberty Hill

601 Phillip Ln | Property Details | No Agent List