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Residential Land with Workshop
For Sale
$340,000

601 Phillip Lane, Liberty Hill, TX 78642

Fenced homesite with utility services and a 20' x 30' shop on a concrete slab, ready for build-out.

Property Size600 SF
Price / SF$566.67
Days on Market1118

Property Features for 601 Phillip Lane

General Information

Standard status Active
Size 600 SF
Property subtype Land / Improved Land

Site & Location

Fenced Yard Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $5,614

Amenities

BarbedWire
Listing Agency: Whitetail Properties Real Estate
Listed By: Jonathan Wise · License #0769247
Source: Compass
Added: Aug 4, 2023 Changed: Aug 8 Last Checked: Mar 25 at 6:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Whitetail Properties Real Estate

Investment Insights

Based on property information with market context.

This property presents a build-ready residential homesite with utilities already in place. The perimeter is fully fenced, and there is an existing gated entrance. Water service, electric, and septic are on site, with the seller indicating the next step is to pour a concrete slab and build your intended improvements.

A new 20' x 30' shop sits on a professionally poured concrete slab and includes a side door plus a large bay door for access and use. The property is described as being a short drive from Liberty Hill and roughly a 30-minute drive to Austin, supporting convenient daily commuting.

The property is also described as having light deed restrictions, with live oaks along two sides providing year-round shade.

Key Highlights

  • Fenced homesite with barbed wire fencing along the entire property perimeter and a gated entrance
  • Utilities in place: water meter, electric, and septic already set up for build‑out
  • 20' x 30' shop on a professionally poured concrete slab, with a side door and large bay door

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Garden Center Bakery Pet Grooming Service Storage Facility Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

17
Businesses Nearby

Demographics for 78642, TX

20,385
Population
8,399
Households
2.4
Avg Household Size
37
Median Age
43%
College-Educated
90%
High-School Grad
111.1 sq mi
ZIP Area
183
Density / Sq Mi
$128,086
Median Household Income
$58,118
Median Earnings
$1,475
Median Rent
$486,800
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Fenced homesite with utility services and a 20' x 30' shop on a concrete slab, ready for build-out.
Where is this residential land & home lot located?
The property is located at 601 Phillip Lane Liberty Hill, TX.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Fenced homesite with barbed wire fencing along the entire property perimeter and a gated entrance; Utilities in place: water meter, electric, and septic already set up for build‑out; 20' x 30' shop on a professionally poured concrete slab, with a side door and large bay door
More about this property
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