Located in the private gated community of Rio Ancho in Liberty Hill, Texas, this custom Drennan Day Homes residence offers the perfect blend of privacy, space, and Hill Country charm. Take advantage of a property tax rate of 1.69%! Rio Ancho is known for its acreage homesites, gated privacy, pool, clubhouse, parks and scenic Hill Country surroundings, 15 miles to Burnet, and 21 miles to Georgetown, and 40 miles to the greater Austin area. Situated on a beautifully treed 0.82-acre lot, this single-story home features an oversized 3-car garage and a thoughtfully designed layout ideal for everyday living and entertaining. Step inside to a welcoming entry that leads to three spacious secondary bedrooms and a full bath with dual vanities, perfect for family or guests. The heart of the home is the expansive living room, filled with natural light from oversized windows and anchored by a cozy wood-burning fireplace, creating a warm and inviting atmosphere. Just off the main living area, a charming flex space with double windows offers a peaceful retreat, perfect for morning coffee while enjoying views of beautiful sunrises and sunsets . The open-concept kitchen seamlessly connects to the living and dining areas and features solid surface countertops, a center island, a large walk-in pantry and 42” shaker solid wood cabinetry, providing both function and style. The private primary suite is tucked away on the opposite side of the home, offering a quiet escape with a spacious ensuite bath complete with soaking tub, walk-in shower, dual vanities, and a generous walk-in closet. Outdoor living is a true highlight with a large covered patio, wrought iron fenced backyard, landscaped roses and mature live oak trees ideal for relaxing or entertaining under the Texas sky. Enjoy the tranquility of country living with nearby lakes, parks, and growing amenities in both Liberty Hill and Burnet County.
Active
Price cut: $10K (8/24)
$649,000
705 Pheasant Mdw, Liberty Hill, TX 78642
4beds
2,308sqft
Single Family Residence
Built in 2020
0.82 Acres Lot
$632,400 Zestimate®
$281/sqft
$76/mo HOA
What's special
Cozy wood-burning fireplaceGated privacyMature live oak treesWelcoming entryLarge covered patioScenic hill country surroundingsLandscaped roses
- 26 days
- 448
- 21
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Denise Arndt (512) 848-0191,
Coldwell Banker Apex (512) 848-0191,
Merissa Anderson (512) 590-1374,
Coldwell Banker Apex
Source: Unlock MLS,MLS#: 3510909
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 4
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Built-In Oven(s), Dishwasher, Disposal, Electric Cooktop, Exhaust Fan, Microwave, Electric Water Heater
Features
- High Ceilings, Double Vanity, Pantry, Primary Bedroom on Main, Recessed Lighting, Walk-In Closet(s), Granite Counters
- Flooring: Concrete
- Windows: Blinds
- Number of fireplaces: 1
- Fireplace features: Family Room
Interior area
- Total interior livable area: 2,308 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached, Garage Door Opener, Garage Faces Side
- Attached garage spaces: 3
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
- Exterior features: Exterior Steps
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 0.82 Acres
- Features: Corner Lot, Level, Trees-Heavy, Trees-Large (Over 40 Ft), Many Trees
Details
- Additional structures: None
- Parcel number: 07294010000030000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 2020
Details
- Builder name: Drennan Day Custom Homes Inc.
Utilities & green energy
- Sewer: Septic Tank
- Water: Private
- Utilities for property: Electricity Available, Underground Utilities
Community & HOA
Community
- Features: Clubhouse, Gated, Park, Playground, Pool
- Subdivision: Rio Ancho
HOA
- Has HOA: Yes
- Services included: Common Area Maintenance
- HOA fee: $914 annually
- HOA name: Rio Ancho HOA
Location
- Region: Liberty Hill
Financial & listing details
- Price per square foot: $281/sqft
- Tax assessed value: $578,319
- Annual tax amount: $7,569
- Date on market: 8/9/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
Estimated market value
$632,400
$601,000 - $664,000
$2,514/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2026 | Price change | $649,000-1.5%$281/sqft |
Source: | ||
| 8/9/2026 | Listed for sale | $659,000-0.9%$286/sqft |
Source: | ||
| 6/22/2026 | Listing removed | $664,900$288/sqft |
Source: | ||
| 4/9/2026 | Listed for sale | $664,900+56.4%$288/sqft |
Source: | ||
| 10/29/2020 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 8/20/2020 | Pending sale | $425,000$184/sqft |
Source: Mallach and Company #1575318 Report a problem | ||
| 8/7/2020 | Listed for sale | $425,000$184/sqft |
Source: Mallach and Company #1575318 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $578,319 -0.5% |
| 2024 | $5,111 +0.9% | $580,967 +10% |
| 2023 | $5,064 -21.8% | $528,152 +10% |
| 2022 | $6,473 -0.5% | $480,138 +10% |
| 2021 | $6,502 | $436,489 +533.2% |
| 2020 | -- | $68,938 |
| 2019 | $1,167 | $68,938 +25.3% |
| 2017 | -- | $55,000 |
| 2016 | -- | $55,000 |
| 2015 | -- | $55,000 +6.8% |
| 2014 | -- | $51,500 |
| 2012 | -- | $51,500 |
| 2011 | -- | $51,500 +13.6% |
| 2010 | -- | $45,344 |
| 2009 | -- | $45,344 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 78642
Nearby schools
Schools provided by the listing agent
- Elementary: Bertram
- Middle: Burnet (Burnet ISD)
- High: Burnet
- District: BurnetCONSISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






