
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.
Property Type
Residential
Year Built
2020
Lot Size
0.82 acres
$/Sq Ft
$286
HOA
$914/mo
Garage
3 spaces
Listed by Coldwell Banker Apex
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
705 Pheasant MDW is listed at $659,000 with 4 bedrooms, 2 full bathrooms, 2,308 square feet, 0.82-acre lot. This places it above the 78642 median of $650,000.
705 Pheasant MDW is zoned for BurnetCONSISD with assigned schools: Bertram (elementary), Burnet (Burnet ISD) (middle), Burnet (high). School assignments should be verified directly with the district.
705 Pheasant MDW is a Residential built in 2020 featuring 4 bedrooms, 2 full bathrooms, 2,308 square feet, 0.82-acre lot.
705 Pheasant MDW is listed by Coldwell Banker Apex. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Aug 21, 2026.
The most recent annual property tax for 705 Pheasant MDW is $7,569. 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.
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2 records on file
Every recorded sale and lease at 705 Pheasant MDW, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listed with current price, original ask, and market time.
BurnetCONSISD
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% ($132K)
$659,000
Luxury property intelligence
A sourced read on Rio Ancho pricing, timing, and property scale. No automated valuation claim.
List price
$659,000
Price per sqft
$286/sqft
Vs. Rio Ancho median
Not available
Days on market
59 days
Original to current
$5.9K reduction
$664.9K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 21, 2026.
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With 20% down ($131,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 705 Pheasant MDW is around $4,050 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
As of Aug 21, 2026, 705 Pheasant MDW is offered at $659,000. The current MLS snapshot shows 490 active listings in 78642.
705 Pheasant MDW was built in 2020, making it 6 years old with relatively recent construction.
705 Pheasant MDW includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
705 Pheasant MDW is part of a managed community with HOA dues of $914 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.
3 events on record
Current Price
$659,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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