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$619,000
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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!
Property Type
Residential
Year Built
2012
Lot Size
0.80 acres
$/Sq Ft
$215
Listed by JBGoodwin REALTORS WL
Property Details
Verified property facts
504 Pheasant Mdw is listed at $619,000 with 4 bedrooms, 2 full, 1 half bathrooms, 2,881 square feet, 0.80-acre lot.
504 Pheasant Mdw is zoned for Burnet CISD with assigned schools: Bertram (elementary), Burnet (Burnet ISD) (middle), Burnet (high). School assignments should be verified directly with the district.
504 Pheasant Mdw is a Residential built in 2012 featuring 4 bedrooms, 2 full, 1 half bathrooms, 2,881 square feet, 0.80-acre lot.
504 Pheasant Mdw is listed by JBGoodwin REALTORS WL. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using public records data reviewed as of Apr 25, 2026.
This page does not assume a mortgage rate or publish a monthly payment for 504 Pheasant Mdw. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
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1 record on file
Every recorded listing, sale, and lease at 504 Pheasant Mdw, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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 |
|---|---|---|---|---|
2025-12.5% | — | $750,444 | $448,476 | $301,968 |
2024-2.5% | — | $857,472 | $442,750 | $344,611 |
2023+28.8% | — | $879,760 | $442,750 | $414,722 |
2022+17.5% | — | $682,800 | $442,750 | $437,010 |
2021 | — | $581,000 | $347,875 | $334,925 |
Burnet CISD
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% ($124K)
Adjustable assumption - not a lending recommendation.
$619,000
Luxury property intelligence
A sourced read on Rio Ancho pricing, timing, and property scale. No automated valuation claim.
List price
$619,000
Price per sqft
$215/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
$21K reduction
$640K original
Active inventory context
Ask for current inventory
Source: Public records and Keenan Group review as of Apr 25, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
As of Apr 25, 2026, 504 Pheasant Mdw is offered at $619,000. The current MLS snapshot shows 490 active listings in 78642.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
5 events on record
Current Price
$619,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-12.5% | — | $750,444 | $448,476 | $301,968 |
2024-2.5% | — | $857,472 | $442,750 | $344,611 |
2023+28.8% | — | $879,760 | $442,750 | $414,722 |
2022+17.5% | — | $682,800 | $442,750 | $437,010 |
2021 | — | $581,000 | $347,875 | $334,925 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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