1201 Phillip LN, Liberty Hill TX 78642

Liberty Hill, TX 78642 | Northwest

Ed's Opinion of Value

$245,674 Ed's Estimate: $352,749 $517,431
Lowest Comp Recommended List: $288,000 to $298,000 Highest Comp
Reviewing the most recent comparable transactions, this home's market value falls around $352,749. For a well positioned listing in NORTHWEST, I'd target the $288,000 to $298,000 range. Against 3 similar active listings in NORTHWEST, this price point lands at the most expensive of 3 comparable homes on the market. At 595 sqft smaller than the typical comp, the size difference factors into the valuation. The 1978 construction puts this home 22 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in NORTHWEST; a buyer's market based on recent absorption. Recent trends in 78642 show home values have fallen 4.2% since 6 months ago. The most comparable recent sale is 1101 Phillip LN, Liberty Hill TX 78642, with an adjusted value of $411,988; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
4 Beds
2 Baths 2 Full
1,152 Sq Ft
3 Acres
1978 Built

About This Property

Nestled on a generous three-acre tract, this property offers a unique opportunity for those with a vision. The existing 4-bedroom, 2-bath house, though in need of repairs, could be a starting point for a complete transformation or a tear-down to make way for your dream home. The structure is requiring renovations to restore its former glory. The land itself is a blend of partially treed areas and open pasture, providing a picturesque backdrop and ample space for various outdoor activities. Whether you envision a lush garden, a hobby farm, or simply a peaceful retreat, this expansive lot offers endless possibilities. The mature trees scattered across the property not only enhance privacy but also add to the natural beauty of the surroundings. The property is situated in a desirable location, offering a serene country feel while still being accessible to nearby amenities and conveniences. This is a rare find for those looking to invest in a large parcel of land with the potential to create something truly special. Embrace the challenge and imagine the possibilities that await at this rustic retreat, ready for your creative touch. Perfect for developers, investors, or anyone ready to take on a significant project, this property holds promise for a fresh start and a chance to craft a personalized haven from the ground up.

Features

  • Cedar Closet(s)
  • Ceiling Fan(s)
  • Electric Dryer Hookup
  • Primary Bedroom on Main
  • Washer Hookup

Location

Schools

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

Property Details

Property Type Residential
Flooring Vinyl
Cooling Central Air
Heating Central
Exterior Exterior Steps, Private Yard
MLS # 9136574

Tax Information

Annual Taxes (MLS) $7,100 (2024)

Listing History

MLS# 9136574 5 days (4 CDOM)
Jul 26, 2024 Off Market
Jun 20, 2024 Listed $250,000

Frequently Asked Questions About 1201 Phillip LN, Liberty Hill TX 78642

When was 1201 Phillip LN, Liberty Hill TX 78642 built?

1201 Phillip LN, Liberty Hill TX 78642 was built in 1978.

How much does 1201 Phillip LN, Liberty Hill TX 78642 cost?

1201 Phillip LN, Liberty Hill TX 78642 sold on July 26, 2024. Contact us for sale price details.

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