Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    19950 Highway 29 W Liberty Hill, TX 78642

    Sponsored
    For Sale
    $3,489,330

    COMMERCIAL - Liberty Hill, TX

    Property size:
    1,686 SF
    Lot size:
    20.03 Acres
    Days on Market:
    90
    Last Refresh:
    Feb 3 at 5:06 pm

    Property Features for 19950 Highway 29 W

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    15038200000010B
    Size
    1,686 SF
    Lot size
    20.03 Acres

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Private, Well

    Building Details

    Year built
    1961
    Floors in Building
    1
    Flooring type
    Tile
    Building materials
    Masonry, MetalSiding, VinylSiding

    We can help!

    Listing Contact
    Srinivas Neshangi

    Shrini Neshangi Broker (512) 850-9854

    Listing agent Srinivas Neshangi (512) 850-9854 License #0719996

    Listing date Nov 6, 2025

    MLS# 570093

    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.

    Learn more

    Property Insight Report

    Overview

    Liberty Hill Commercial Land Opportunity

    This property presents a prime investment opportunity in Liberty Hill, offering both commercial and residential potential. The site features approximately 1112 feet of frontage on Highway 29 and 678 feet on County Road 266. The land comprises approximately 17.2 acres in Williamson County and 2.8 acres in Burnet County. Located west of the Butler Farms subdivision and Liberty Hill High School, the property includes a 1686 square foot home with a detached workshop/garage. On-site improvements include a well and septic system. The existing home is currently leased out on a short-term basis. The total lot size is 20.026 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Building Supply Auto Repair Shop Gym & Fitness Center Auto Parts Store Department Store Discount Store Storage Facility Cafe & Coffee Shop Electrical 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
    -97.929317
    Latitude
    30.675779

    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
    • $5,300,000

      Turnkey Winery and Production Facility

      Ready-to-operate winery with production facility and tasting room.
      101 County Road 257, 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 Highway 29, Liberty Hill, TX 78642
      View Details
    • $630,000

      Liberty Hill Mixed-Use Commercial Property

      Unrestricted 4.97-acre property with office and shop space.
      1233 County Road 257, Liberty Hill, TX 78642
      View Details
    • $1,499,000

      Turnkey Retail Property in Liberty

      Thriving retail property on a bustling corridor in Liberty Hill.
      13002 W State Hwy 29 Hwy, Liberty Hill, TX 78642
      View Details
    • $1,700,000

      Prime Liberty Hill Commercial Space

      High-visibility commercial property in Liberty Hill's vibrant Downtown District.
      1401 Main St, Liberty Hill, TX 78642
      View Details
    • $599,999

      Liberty Hill Ranch Opportunity

      14+/- acre ranch property in rapidly growing Liberty Hill.
      5341 Crk 236, Liberty Hill, TX 78642
      View Details
    • $1,600,000

      Warehouse with Fenced Yard

      Warehouse featuring offices, kitchen, and fenced yard space.
      3101 N Hwy 183 Hwy, Liberty Hill, TX 78642
      View Details
    • Contact for pricing
      8,000 SF

      Downtown Liberty Hill Historic Building

      8,000 SF building in the heart of Downtown Liberty Hill.
      929 Loop 332, Liberty Hill, TX 78642
      View Details
    • Contact for pricing
      121,297 SF

      Class A Industrial Warehouse

      Class A industrial warehouse with quick highway access.
      13422 Old San Antonio Rd, Liberty Hill, TX
      View Details
    • $474,950

      Liberty Hill Agricultural Property

      Agricultural property for sale in Liberty Hill, Texas.
      9999 Brizendine Rd, Liberty Hill, TX 78642
      View Details
    • Contact for pricing
      1,050 SF

      Liberty Hill Retail/Office Spaces

      Prime TX Hwy 29 location, new construction.
      9025 Tx-29, Liberty Hill, TX 78642
      View Details

    FAQs

    What type of property is this?
    Commercial land - 20-acre commercial land with highway frontage and residential potential.
    Where is this commercial land located?
    The property is located at 19950 Highway 29 W Liberty Hill, TX.
    What is the asking price?
    The asking price for this property is $3,489,330.
    What are key features of this property?
    This property features: - Prime investment opportunity with commercial and residential potential.; - Approximately 1,112 ft frontage on Highway 29 and 678 feet on County Road 266.; - Total of approximately 20 acres (17.2 in Williamson County, 2.8 in Burnet County).
    (512) 850-9854
    Request Owner's contact information
    19950 Highway 29 W Liberty Hill, TX 78642
    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.
    19950 Highway 29 W
    Liberty Hill, TX 78642
    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
    19950 Highway 29 W Liberty Hill, TX 78642
    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

    We can help!
    Listing Contact
    Srinivas Neshangi
    Real Estate License ID: 0719996
    (512) 850-9854
    Learn more
    Google sign-in failed. Please try again or use another login method.