Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Corner Lot in Liberty Hill Title is generated by Realmo AI

    100 Phillip Lane lot 36, Liberty Hill, TX 78642

    View on Map
    Claim this Listing
    For Sale
    $375,000

    LAND - Liberty Hill, TX

    Lot size:
    3.00 Acres
    Added:
    Mar 3, 2026
    Days on Market:
    74
    Last Refresh:
    May 16 at 4:06 pm

    Property Features for 100 Phillip Lane lot 36

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Wooded
    Fencing
    Perimeter
    Standard status
    Active
    APN
    R024174
    Lot size
    3.00 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    S4240 - NORTHWEST ACRES, LOT 36, ACRES 3, R507411 MH
    Tax Annual Amount
    5285

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Additional Structures
    Shed(s)

    We can help!

    Listing Contact
    Amanda Andrews
    Amanda Andrews

    Listing agent Amanda Andrews License #0486794

    Listing office Thousand Hills Realty 9828 W Hwy 71, LLano, TX

    Listing date Mar 3, 2026

    MLS# 606092 Listing URL

    Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 3 acre corner lot with paved road frontage.
    • Electric, city water, and private sewer are in place.
    • Less than 5 minutes to Hwy 29 and 15 minutes to Costco in Liberty Hill.
    • Perimeter fenced with scattered trees for privacy.
    • Deed restricted neighborhood allowing manufactured homes (not over 5 years old).
    • Potential for subdivision (buyer to verify).

    Overview

    This 3-acre corner lot features frontage on CR 201 and Phillip Ln, both paved roads. The property is level, perimeter fenced, and includes scattered trees for privacy. Electric and city water are available, along with a private sewer system. The location is less than 5 minutes from Hwy 29 and 15 minutes from the new Costco in Liberty Hill. The deed-restricted neighborhood allows manufactured houses that are not over 5 years old, subject to deed restrictions. The lot may be subdividable, as other lots in the neighborhood have been replatted. Acreage and boundary lines are approximate and subject to a final survey.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Auto Repair Shop Storage Facility Garden Center Pet Grooming Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Liberty Hill
    County
    Williamson
    State
    Texas
    Longitude
    -97.9502282
    Latitude
    30.7081493

    Nearby Similar for Sale

    • $1,250,000
      1,152 SF

      Liberty Hill Retail Opportunity

      High-visibility retail property with drive-thru on a high-traffic highway.
      14262 W State Highway 29, Liberty Hill, TX 78642
      View Details
    • $375,000

      Liberty Hill 5+ Acre Homesite

      Build your dream home on this 5+ acre lot.
      200 Stonehouse Drive lot: 24, Liberty Hill, TX 78642
      View Details
    • $375,000

      Corner Lot in Liberty Hill

      3-acre corner lot with utilities in Liberty Hill, TX.
      100 Phillip Lane, Liberty Hill, TX 78642
      View Details
    • $929,000
      1,008 SF

      Secluded Liberty Hill Acreage

      46 acres with views, trees, creek, and development potential.
      910 Abbey Road, Liberty Hill, TX 78642
      View Details
    • $300,000

      Cleared Land in Liberty Hill

      Construction-ready land near popular locations with utilities access.
      200 Carl Shipp Drive, Liberty Hill, TX 78642
      View Details
    • $495,000

      Prime Commercial Tract, Liberty Hill

      1.134-acre commercial tract in fast-growing Liberty Hill, Texas.
      631 Main Street, Liberty Hill, TX 78642
      View Details
    • $205,000

      Liberty Hill Homesite Opportunity

      Two-acre homesite in established Liberty Hill community.
      220 Lantana Bud Trail lot: 5, Liberty Hill, TX 78642
      View Details
    • Contact for pricing

      Whataburger Ground Lease Investment Opportunity

      NNN ground lease Whataburger in Liberty Hill, Texas.
      12925 W State Hwy 29, Liberty Hill, TX 78642
      View Details
    • $1,499,000

      Prime Land in Liberty Hill

      4.491-acre parcel with high traffic, ideal for commercial development.
      129 Bevers RD, Liberty Hill, TX 78642
      View Details
    • $4,250,000

      San Gabriel River Ranch Property

      27.3 acres with river access and park adjacency.
      1500 County Road 279, Liberty Hill, TX 78642
      View Details
    • $2,600,000

      59.46 Acres in Liberty Hill

      Unimproved land suitable for development or recreational use.
      5700 CR 200 Road, Liberty Hill, TX 78642
      View Details
    • $3,008,850
      4,600 SF

      New NNN Lease Opportunity

      New 20-year NNN lease with rental increases and corporate guaranty.
      12336 W State Hwy 29, Liberty Hill, TX
      View Details

    FAQs

    What type of property is this?
    Commercial land - 3-acre corner lot with utilities in Liberty Hill, TX.
    Where is this commercial land located?
    The property is located at 100 Phillip Lane lot 36 Liberty Hill, TX.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: 3 acre corner lot with paved road frontage.; Electric, city water, and private sewer are in place.; Less than 5 minutes to Hwy 29 and 15 minutes to Costco in Liberty Hill.
    (512) 619-1746
    We can help!
    Listing Contact
    Amanda Andrews
    Amanda Andrews
    Real Estate License ID: 0486794
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    100 Phillip Lane lot: 36, Liberty Hill, TX 78642
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!