9800 State Highway 29 Liberty Hill, TX 78642
This exceptional 7.95-acre commercial land parcel presents a significant development opportunity along the rapidly growing Highway 29 corridor in Liberty Hill, Texas. Located at 9800 W State Hwy 29, this property boasts 268 feet of highway frontage and is conveniently situated just 1.5 miles from the US Route 183/State Hwy 29 intersection, providing easy access to major Central Texas roadways. The property is zoned ETJ (Extra Territorial Jurisdiction) and benefits from existing 3-phase power and city water, making it ready for immediate development. The 1,845 square foot existing structure was built in 1994. The asking price is $3,460,000, translating to $1,875.34 per square foot. This site is ideally positioned to capitalize on Liberty Hill's booming population growth and expanding job market, fueled by its proximity to Austin and the region's thriving economy. The property's location near rapidly expanding residential areas ensures a strong potential customer base. An adjacent 10-acre tract is also available for purchase, offering the possibility of acquiring a combined 18 acres with nearly 560 feet of highway frontage. The APN is R022976. Liberty Hill's 2024 population is 12,639, with an annual growth rate of 21.2% and an average household income of $88,875. This presents a unique chance to invest in a dynamic and rapidly developing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.