$660,000
●
House -
Off Market
680 Abbey RD
Liberty Hill, TX 78642
3 Beds
2 Baths
2,330 Ft²
$3,883
Est. Monthly
2.74%
Cap Rate
About This Property
HUGE price improvement and the ACCESS ROAD HAS BEEN PAVED w/
crushed asphalt! No more dust :)
Opportunity abounds at this fantastic 16.6 acre parcel in Liberty Hill with a fully-functional 3 bed barndominium and multiple cleared homesites to build your forever home. 5 acres of the property have been freshly cleared out and only clean oaks remain, with at least two great locations to build a main house. It's a great country property- at the bottom of the property lies a creek that flows seasonally. The current owners keep chickens and have built an impressive chicken coop that will transfer with the sale. It's a great country location whether you're looking to live in the barndominium for the time being OR stay in the barndo or an RV while you build an epic country house amongst the oaks on your 16.6 acres. You ALSO have 14 chickens, 8 ducks, and 2 turkeys that can stay with the property if you want!
Opportunity abounds at this fantastic 16.6 acre parcel in Liberty Hill with a fully-functional 3 bed barndominium and multiple cleared homesites to build your forever home. 5 acres of the property have been freshly cleared out and only clean oaks remain, with at least two great locations to build a main house. It's a great country property- at the bottom of the property lies a creek that flows seasonally. The current owners keep chickens and have built an impressive chicken coop that will transfer with the sale. It's a great country location whether you're looking to live in the barndominium for the time being OR stay in the barndo or an RV while you build an epic country house amongst the oaks on your 16.6 acres. You ALSO have 14 chickens, 8 ducks, and 2 turkeys that can stay with the property if you want!
Unit Size
2,330 Ft²
Days on Market
-
Land Size
16.02 acres
Price per sqft
$283
Property Type
House
Property Taxes
$641
HOA Dues
-
Year Built
1998
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (Unlock MLS #ACT5868158)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 10, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2023 | Listed by Keller Williams Realty | $660,000 | |
| Listed by Keller Williams Realty | |||
| Nov 21, 2022 | No longer available | - | |
| No longer available | |||
| Jul 29, 2022 | Listed by Keller Williams - Georgetown | $849,000 | |
| Listed by Keller Williams - Georgetown | |||
| | |||
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Welcome to this secluded diamond in the rough. This property has limitless possibilities. Multiple Use Property such as a) Use barndominium as a guest house, in-law quarters, etc. Build a new primary residence while living in the barndominium; b) Subdivide 16.02 acres into multiple tracts and develop; c) Use as a family compound. The southerly boundary line of property lies adjacent to a wet weather creek. (See photos from 2020.) The restrictions are no manufactured homes or mobile homes. A manufactured home is allowed for up to 18 months while building a permanent residence. The large chicken coop will convey. You can have plenty of fresh eggs and be able to share with friends and family or sell to the public. If you are looking for a peaceful and quiet place to come home and escape from the noise and traffic in the big city, this is the place for you. THE VALUE IS IN THE LAND!! The manager has listed the unit size as 2330 square feet.
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About Williamson
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Listed by: Nate Clark
Listed Office: Keller Williams Realty - Listing courtesy of Unlock MLS
Phone: (512) 448-4111
Last Updated: 2024-04-23 18:15:15
Data Source: Unlock MLS, MLS# ACT5868158
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Keller Williams Realty - Listing courtesy of Unlock MLS
Phone: (512) 448-4111
Last Updated: 2024-04-23 18:15:15
Data Source: Unlock MLS, MLS# ACT5868158
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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