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Burnet 78642
504 Pheasant MDW
$619,000
● House - Off Market

504 Pheasant MDW

Liberty Hill, TX 78642
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,881 Ft²
$3,771
Est. Monthly
$69
HOA / Fees
2.94%
Cap Rate

About This Property

UNBELIEVABLE PRICE ADJUSTMENT -EXCEPTIONAL DEAL! Tucked inside the exclusive Rio Ancho gated community, this custom-built Drennan Day home offers timeless craftsmanship, generous space, and unbeatable value. With 4 spacious bedrooms, 2.5 baths, and a dedicated executive office/flex space, this thoughtfully designed layout blends everyday functionality with room to grow. It's aggressively priced because the finishes are more classic compared to today's design trends, but the quality, layout, and opportunity are all here. An open floorplan anchored around the focal point of a stone fireplace, extensive kitchen counters, generously sized bedrooms, double vanities, a true walk-in shower, jetted tub and a laundry room sink are just some of the highlights that make this home functionally pleasing. The east-facing backyard is where shady afternoons offer a welcome escape from the Texas sun and make for a usable backyard and patio. As a resident of Rio Ancho, you'll enjoy private access to a riverfront park on the San Gabriel River, complete with a pool, playground, and basketball.  Whether you're ready to move in and enjoy or bring your vision to make it your own, this home offers a rare chance to own a well-built custom property in one of Liberty Hill's most sought-after gated neighborhoods at a price point that makes sense and offers a low tax rate of 1.3%  Don't let this one get away!
Unit Size
2,881 Ft²
Days on Market
-
Land Size
0.80 acres
Price per sqft
$215
Property Type
House
Property Taxes
$662
HOA Dues
$69
Year Built
2012

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Last updated: 5 months ago (Unlock MLS #ACT7445438)

Price History

Date / Event Date Event Price
Feb 21, 2026 In contract -
In contract
Dec 12, 2025 Price Decreased $619,000
↓ $10K (1.6%)
Price Decreased
Dec 6, 2025 Price Decreased $629,000
↓ $11K (1.7%)
Price Decreased
Jul 31, 2025 Listed by JBGoodwin REALTORS WL $640,000
Listed by JBGoodwin REALTORS WL
Jul 1, 2025 No longer available -
No longer available
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 827
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,848
  • Total Building Area: 3,457
  • Gross Building Area: 3,457
  • Building Area: 2,630
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,630
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIO ANCHO
  • Land Acres: 0000000800
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: S7294 RIO ANCHO LOT 35, SEC 1

Neighborhood

  • School District Name: Burnet Consolidated Independent School District
  • Census Tract: 960102

Geography

  • Parcel: 101465
  • Lot: 35
  • Municipality: LIBERTY HILL
  • Latitude: 30.7069
  • Longitude: -98.0112

    Address

  • Full Address: 504 Pheasant Mdw
  • Address - House Number: 504
  • Address - Street Name: Pheasant
  • Address - Suffix Type: Mdw
  • State: TX
  • City Name: Liberty Hill
  • Carrier Code: R010
  • 4-Digit Zip Code: 3577
  • Zip Code: 78642

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $750,604
  • Tax Rate Code Area: WCD

    Appraisal Valuation

  • Standard Deviation: 0.3157
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 36
  • Final Value: 368,480
  • High Value: 484,834
  • Low Value: 252,125

    Market Valuation

  • Market Total Value: $701,897
  • Market Land Value: $158,210
  • Market Improvement Value: $543,687

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $542,273

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 13, 2016
  • Current Sale Recording Date: Mar 01, 2017
  • Current Sale Price:
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 201702043
  • Previous Sale Recording Date: Mar 01, 2017
  • Previous Sale Contract Date: Sep 12, 2016
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 504 Pheasant Meadow built and last sold?
The property at 504 Pheasant Meadow was built in 2012 and last sold on Dec 13, 2016 for $296,000.
How much is this home worth?
The estimated value of the home located at 504 Pheasant Meadow is $631,248.
What are some comparable homes to 504 Pheasant Meadow?
There are currently no comparable homes to 504 Pheasant Meadow.