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Map
120 Craigen RD
About This Property
Location, Location, Location! The Liberty Hill Area Is Booming. You Are Positioned Just Minutes Away From The Brand New $62 Million Costco Wholesale That Just Opened This Month, And The Massive Upcoming Target Superstore Slated To Open In June 2026. With An H-E-B Close By, The Retail Anchor Infrastructure Is Already Here!
Surrounded By Rooftops! This Tract Is Surrounded By Thousands Of New Residential Home Permits Within A 5-Mile Radius. You Are Flanked By The Highly Acclaimed Santa Rita Ranch Master-Planned Community And A Massive 400-Acre Pulte Homes Development. The Customer Base Is Literally Building Up Around You.
Unlimited Potential. With Its Strategic Location And Favorable ETJ Zoning, This Is The Perfect Site For A Mixed-Use Development, Retail Strip, Multi-Family Housing, Or A High-Yield Hold For Investment. The Property Currently Includes A 3-Bedroom Home And Utilities (Water, Electricity, Septic) Already On Site.
Smart Investors Know That Land Near Major Retail Hubs Like Costco And Target Disappears Fast. Do Not Let This Goldmine Slip Away. Contact Us Today To Secure This Commercial Gem In 78642!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 9, 2026 | Price Decreased |
$1,875,000
↓ $50K
(2.6%) | |
| Price Decreased | |||
| Mar 18, 2026 | Listed by Venture Partners R.E. | $1,925,000 | |
| Listed by Venture Partners R.E. | |||
| Jul 29, 2024 | Price Decreased |
$1,875,000
↓ $225K
(10.7%) | |
| Price Decreased | |||
| Aug 15, 2023 | Listed | $2,100,000 | |
| Listed | |||
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Welcome to the epitome of peaceful country living combined with the convenience of town amenities. This beautiful 3-bedroom, 3-full bathroom home rests on a sprawling 11.98-acre estate in the heart of Liberty Hill, Texas. Experience the best of both worlds as you relish the serenity of the countryside while being just moments away from HEB, Liberty Hill schools, and all the essentials of town life.
One of the standout features of this property is its agricultural exemption, which translates to remarkably low property taxes and a low tax rate—a significant financial advantage for homeowners. Whether you're seeking a tranquil retreat or a savvy investment opportunity, this property offers the perfect blend of comfort, space, and economic benefit. Don't miss your chance to make this exceptional home yours and enjoy the best of Liberty Hill's unique lifestyle.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017