Incredible Mixed-Use Investment Opportunity in Downtown Liberty Hill! This historic gem offers the ultimate combination of high-visibility commercial exposure and premium residential living space. Whether you are looking to launch a boutique storefront, a destination restaurant, a live/work studio, or an income-producing short-term rental, this property is ready to accommodate your vision. Historic Character Meets Modern Utility: • Craftsmanship: Original wood floors, detailed millwork, and elegant crown molding flow throughout the entire property. • Kitchen: Fully equipped with granite countertops, custom backsplash, appliances, and abundant cabinetry storage. • Flexible Layout: The dynamic floor plan allows for an active ground-floor business (boutique, cafe, or office) with a private, premium residential suite on the upper floor. • Outdoor Features: Enjoy a classic large front porch, an expansive back deck, and a private second-level balcony. • Versatile Large Lot: The massive, fenced backyard includes a large porch and secure sliding gates—ideal for potential food trucks, guest parking, event entertainment, or storage. • Proven Versatility: Successfully operated in the past as professional offices, a bed & breakfast, and a historic hotel. Schedule your private tour today to explore the endless layouts and income streams this downtown landmark has to offer!
Active
$575,000
3315 Ranch Road 1869, Liberty Hill, TX 78642
7beds
--sqft
Single Family Residence
Built in 1920
0.26 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Private second-level balconyOriginal wood floorsGranite countertopsSecure sliding gatesClassic large front porchLarge porchFlexible layout
- 17 hours
- 22
- 0
Zillow last checked:
Listing updated:
Listed by:
Lesli Reimers (512) 619-7774,
Investment Realty (512) 619-7774
Source: Unlock MLS,MLS#: 7514682
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range, Microwave
Features
- Flooring: Tile, Wood
- Number of fireplaces: 1
Property
Parking
- Parking features: Concrete, Driveway, Paved
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Enclosed, Patio, Porch, Rear Porch
- Exterior features: Balcony, Uncovered Courtyard, Exterior Steps
- Fencing: Back Yard, Wood, See Remarks
- View description: None
- Waterfront features: None
Lot
- Size: 0.26 Acres
- Features: Back Yard, Front Yard, Level, Public Maintained Road, Trees-Large (Over 40 Ft)
Details
- Additional structures: Pergola, Storage
- Parcel number: 15023300000172
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
Condition
- Historic Design
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Park, Picnic Area, Playground
- Subdivision: Robert G Millican
HOA
- Has HOA: No
Location
- Region: Liberty Hill
Financial & listing details
- Tax assessed value: $763,854
- Annual tax amount: $18,806
- Date on market: 9/23/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/23/2026 | Listed for sale | $575,000-23.2% |
Source:  Unlock MLS #7514682 Report a problem | ||
| 12/2/2025 | Listing removed | $2,500 |
Source: Unlock MLS #2921296 Report a problem | ||
| 11/7/2025 | Listed for rent | $2,500 |
Source: Unlock MLS #2921296 Report a problem | ||
| 9/1/2025 | Listing removed | $749,000 |
Source:  Central Texas MLS #568379 Report a problem | ||
| 7/3/2025 | Price change | $749,000-15.8% |
Source: Unlock MLS #1345555 Report a problem | ||
| 4/9/2025 | Price change | $890,000-9.6% |
Source: Unlock MLS #1345555 Report a problem | ||
| 1/27/2025 | Listed for sale | $985,000+228.3% |
Source: Unlock MLS #1345555 Report a problem | ||
| 10/23/2019 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 9/3/2019 | Pending sale | $300,000 |
Source: Austin Real Estate Experts #9786236 Report a problem | ||
| 7/19/2019 | Price change | $300,000-10.4% |
Source: Austin Real Estate Experts #9786236 Report a problem | ||
| 7/4/2019 | Price change | $335,000-4.3% |
Source: Austin Real Estate Experts #9786236 Report a problem | ||
| 6/19/2019 | Price change | $350,000-4.1% |
Source: Austin Real Estate Experts #9786236 Report a problem | ||
| 6/3/2019 | Price change | $365,000-2.7% |
Source: Austin Real Estate Experts #9786236 Report a problem | ||
| 4/30/2019 | Price change | $375,000-6.3% |
Source: Austin Real Estate Experts #9786236 Report a problem | ||
| 4/5/2019 | Price change | $400,000+82.2% |
Source: Austin Real Estate Experts #9786236 Report a problem | ||
| 1/27/2014 | Price change | $219,500-8.4% |
Source: Rainbow Properties #2483499 Report a problem | ||
| 10/3/2013 | Listed for sale | $239,500 |
Source: Rainbow Properties #2483499 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $16,779 +19.6% | $763,854 +19% |
| 2024 | $14,030 +14.9% | $642,126 +8.8% |
| 2023 | $12,208 +3.7% | $590,000 +12.4% |
| 2022 | $11,770 +56.3% | $525,000 +63.2% |
| 2021 | $7,530 +16.1% | $321,707 +17.6% |
| 2020 | $6,485 +45.8% | $273,489 +54.7% |
| 2019 | $4,449 -8.2% | $176,738 -0.4% |
| 2018 | $4,846 | $177,379 -4.6% |
| 2017 | $4,846 +8% | $186,026 +8.4% |
| 2016 | $4,485 +47.5% | $171,675 +3.9% |
| 2015 | $3,041 | $165,272 +44.7% |
| 2014 | $3,041 | $114,212 -3.4% |
| 2013 | -- | $118,176 +2.8% |
| 2012 | -- | $114,904 -5.8% |
| 2011 | -- | $122,034 -3.3% |
| 2010 | -- | $126,259 -5.5% |
| 2009 | -- | $133,560 +19.2% |
| 2007 | -- | $112,015 +11.6% |
| 2006 | -- | $100,345 -11.1% |
| 2005 | -- | $112,930 |
| 2004 | -- | $112,930 +8.8% |
| 2003 | -- | $103,834 -21.2% |
| 2002 | -- | $131,718 +15.4% |
| 2001 | -- | $114,185 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 78642
Nearby schools
Schools provided by the listing agent
- Elementary: Liberty Hill
- Middle: Liberty Hill (Liberty Hill)
- High: Liberty Hill
- District: Liberty Hill ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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