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Investor opportunity in the growing Liberty Hill market! Located at 404 Carl Shipp Dr, this well-maintained duplex offers two tenant-occupied units, each featuring 3 bedrooms, 2 full bathrooms, an open-concept layout, and an interior laundry room. Designed with functionality and long-term tenant appeal in mind, the property showcases durable tile flooring in the main living areas, spacious kitchens with ample cabinet storage, generous bedroom sizes, and private fenced backyards. The interiors offer a comfortable and inviting feel with open living and dining spaces, well-appointed kitchens, and spacious primary suites with dual vanity bathrooms and walk-in closets. Each unit also includes an attached garage and private driveway parking. Conveniently positioned with easy access to Hwy 183 and Hwy 29, this property is located near major area growth corridors, shopping, dining, and everyday conveniences. Residents enjoy proximity to H-E-B, Starbucks, Target, Costco, and The Parke retail center in nearby Cedar Park, along with local Liberty Hill favorites, parks, and schools. Major employers within commuting distance include Apple, Tesla, Dell, Samsung, Ascension Seton, and the expanding tech and healthcare corridors throughout North Austin and Williamson County. With both units currently leased, this duplex presents an excellent opportunity for investors seeking immediate rental income in one of Central Texas’ fastest-growing areas.
Property Type
Residential Income
Year Built
2016
Lot Size
0.15 acres
$/Sq Ft
$189
HOA
$200/mo
Listed by Marshall Reddick Real Estate
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Verified property facts
404 Carl Shipp Dr is listed at $489,000 with 0 bedrooms, 2,586 square feet, 0.15-acre lot.
404 Carl Shipp Dr is zoned for Liberty Hill ISD with assigned schools: Bill Burden (elementary), Liberty Hill Intermediate (middle), Liberty Hill (high). School assignments should be verified directly with the district.
404 Carl Shipp Dr is a Residential Income built in 2016 featuring 0 bedrooms, 2,586 square feet, 0.15-acre lot.
404 Carl Shipp Dr is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 404 Carl Shipp Dr is $8,614. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026 | — | $352,934 | $85,000 | $267,934 |
Liberty Hill ISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($98K)
$489,000
Luxury property intelligence
A sourced read on Liberty Place pricing, timing, and property scale. No automated valuation claim.
List price
$489,000
Price per sqft
$189/sqft
Vs. Liberty Place median
Not available
Days on market
19 days
Original to current
No verified reduction
$489K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 31, 2026.
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($97,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 404 Carl Shipp Dr is around $3,255 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $489,000, 404 Carl Shipp Dr is in the Liberty Place market where there are currently 439 active listings in 78642.
404 Carl Shipp Dr was built in 2016, making it 10 years old with relatively recent construction.
404 Carl Shipp Dr is part of a managed community with HOA dues of $200 annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
1 event on record
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026 | — | $352,934 | $85,000 | $267,934 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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