102 Independence Dr Liberty Hill, TX 78642
This exceptional Liberty Hill, Texas property presents a unique investment opportunity. Located on a picturesque 2.65-acre lot at 102 Independence Drive, 78642, this mixed-use property boasts three buildings totaling 3,415 square feet, with potential for significant expansion. The main building, approximately 2,600 square feet, has undergone complete renovations and offers a turnkey solution for various commercial ventures. The existing layout includes a downstairs primary bedroom, living room, and converted garage, adaptable for diverse commercial uses. Upstairs, two large bedrooms and two bathrooms provide additional space. Two additional buildings, a large detached garage with studio, and a converted shed currently used as creative space, greenhouse, and hot tub area, offer approximately 1,600 square feet of potential additional space (measurements are estimates and not included in the listed square footage). The property's C3 zoning allows for a wide range of commercial uses, including day care centers, educational facilities, medical facilities, restaurants, bars, retail, and more. The expansive lot provides ample room for future development and expansion, creating endless possibilities for a unique and thriving business. This property is ideally situated in a quiet, peaceful setting, yet conveniently located minutes from Highway 29. The asking price is $1,295,000, representing a compelling price per square foot of $379.21. Built in 1985, this property offers a blend of established infrastructure and significant growth potential.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.