1101 Phillip LN, Liberty Hill TX 78642

Liberty Hill, TX 78642 | Northwest

Ed's Opinion of Value

$315,348 Ed's Estimate: $451,095 $631,152
Lowest Comp Recommended List: $349,000 to $359,000 Highest Comp
After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $451,095. Pricing this home between $349,000 and $359,000 would put it in the competitive sweet spot for NORTHWEST. This home's position in the current NORTHWEST market: the 0th most expensive of 7 comparable homes on the market among comparable properties. The larger lot (3.00 acres versus the area average of 1.85) contributes to the valuation. There are currently 7 similar homes on the market in NORTHWEST, ranging from $349,990 to $435,990. Market data shows 78642 prices risen 2.1% over the last half year. The closest comparable sale, 1600 County Road 201, Liberty Hill TX 78642 at an adjusted $356,563, is with a smaller floor plan. The comp data here (7 sales in NORTHWEST) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus
4 Beds
2 Baths 2 Full
2,128 Sq Ft
3 Acres
2001 Built

About This Property

2 Homes on 3 Acres – Endless Possibilities!

Whether you're an **investor looking for rental income** or **a family dreaming of a private compound**, this property offers space, flexibility, and opportunity!

###! Key Features:**
? **Two Separate Homes** – Perfect for multigenerational living, rental income, or guest accommodations
? **3 Acres of Land** – Plenty of room to spread out, garden, or just enjoy the open space
? **Room for One More Home** – Build an additional **Accessory Dwelling Unit (ADU)** to maximize potential
? **No Restrictions** – Freedom to customize, expand, or use the land as you wish
? **Prime Location** – Just minutes from HEB, Costco, Target, and other major shopping & amenities

### ** The Two Homes:**
- **Home #1:** A charming **two-story, 3-bedroom, 1.5-bath home** with an open-concept kitchen and living area—perfect for cozy gatherings.
- **Home #2:** A **fully remodeled doublewide** with modern updates, spacious living, and room to make it your own.

### ** Why You’ll Love It:**
For the **dreamer & visionary** – Imagine building your **own private family compound**, with space for everyone to live together yet independently. Grow your own food, raise animals, or create a peaceful retreat.
For the **savvy investor** – **Live in one home and rent the other**, or rent both for passive income. Add a third unit to maximize your investment.

** This property is more than just land and houses—it’s **a place to build your future!** Whether you want a **family retreat or an income-generating opportunity**, this is the **perfect blend of space, privacy, and convenience.**

**Don’t wait!** Opportunities like this don’t come around often. Come see it today!

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • Granite Counters
  • Electric Dryer Hookup
  • Eat-in Kitchen
  • Open Floorplan
  • Recessed Lighting
  • Walk-In Closet(s)
  • Washer Hookup

Location

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Schools

School District Liberty Hill ISD
Elementary Bill Burden
Middle School Liberty Hill Middle
High School Liberty Hill

Property Details

Property Type Residential
Flooring Carpet, Laminate
Cooling Ceiling Fan(s), Central Air
Heating Central, Electric
Exterior Exterior Steps, Garden
MLS # 7695663

Tax Information

Annual Taxes $3,683 (2023)

Listing History

MLS# 7695663 - Updated Mar 13, 2026 32 days
May 23, 2025 Off Market
Mar 13, 2025 Listed $515,000

Frequently Asked Questions About 1101 Phillip LN, Liberty Hill TX 78642

When was 1101 Phillip LN, Liberty Hill TX 78642 built?

1101 Phillip LN, Liberty Hill TX 78642 was built in 2001.

How much does 1101 Phillip LN, Liberty Hill TX 78642 cost?

1101 Phillip LN, Liberty Hill TX 78642 sold on May 23, 2025. Contact us for sale price details.

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