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Property Description
Investor opportunity in the growing Liberty Hill market! Located at 400 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.
Full Property Details
Full Property Details for 400 Carl Shipp Dr
General
- Price: $489,000
- HOA FEE: $17/month
- HOA FEE FREQ.: Annually
- Taxes: $7,787 (2025)
- Status: Active
- Type: Duplex
- Source: Austin_MLS
- MLS ID: 4384565
- Updated: 5/11/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Breakfast Bar, Ceiling Fan(s), Open Floorplan, Pantry
- Appliances: Dishwasher, Electric Water Heater, Microwave, Oven
- Flooring: Carpet, Tile
Rooms
Other Rooms
- Laundry: Laundry Room, Washer Hookup, Electric Dryer Hookup
Additional Information
- Shared Amenities: None
- Security/Safety: Smoke Detector(s)
- Equipment: None
Exterior
- Exterior Features: None
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Driveway, Garage
Location
- Area: LH
- County: Williamson
- Subdivision: Liberty Place
- Driving Directions: North on 183 , LEFT on HWY 29 (towards Liberty hill) , LEFT on Loop 332. Across from Park / Library / Fire Station.
- Direction Faces: East
School Information
- Elem School District: Liberty Hill ISD
- Midd School District: Liberty Hill ISD
- High School District: Liberty Hill ISD
- Elementary School: Bill Burden
- Middle School: Liberty Hill Intermediate
- High School: Liberty Hill
Community
- Association: Yes
- Assoc. Name: Liberty Place
- Assoc. Fees Include: Common Area Maintenance
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Frame, HardiPlank Type, Masonry, Stone
- Roof: Composition
- Windows: Double Pane Windows
- Stories/Levels: 1
- Square Feet: 2,460
- Sq. Ft. Source: Builder
- Living Area: 2,460 Sq. Ft.
- Year Built: 2016
- Year Built Source: Builder
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,405.2
- Lot Dimensions: 60 x 100
- Fence: Yes
- Lot Features: Sprinklers In Rear
- Fencing (Description): Wood
Financial Considerations
- Association Fee: $200
- Assoc Fee Freq.: Annually
- Assessment Amount: $393,731
- Tax Amount: $7,787.79
- Tax Year: 2025
- Terms: Cash, Conventional
- Owner Pays: Management
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Lease, Rent Rolls
- Legal Description: S10984 - LIBERTY PLACE, LOT 21, ACRES 0.17
- Disclosures/Reports: None
- Property ID: 15288100000021
- Lot Number: 21
Listed by Marshall Reddick Real Estate
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Schools
Schools serving 400 Carl Shipp Dr
School District:Liberty Hill Independent School District
| Name | Grades | Distance |
|---|---|---|
Louine Noble Elementary School 101 Loop 332, Liberty Hill, TX 78642 | K-5 | 0.4 mi |
Liberty Hill J High School 13125 West State Highway 29, Liberty Hill, TX 78642 | 6-8 | 0.6 mi |
Liberty Hill High School 16500 West State Highway 29, Liberty Hill, TX 78642 | 10-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 400 Carl Shipp Dr
Date
Details
Price
Change
Source
5/11/2026
Listed
$489,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 400 Carl Shipp Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,864
-9%
$393,731
-17%
2023
$9,792
3%
$473,244
74%
2022
$9,517
50%
$271,237
—
2021
$6,348
-3%
$271,237
-1%
2020
$6,522
-11%
$275,048
3%
2020
$7,365
-2%
$268,301
-7%
2018
$7,486
—
$288,241
1%
2017
$7,463
—
$286,512
31%
2017
$7,486
—
$219,358
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 400 Carl Shipp Dr
400 Carl Shipp Drive, Liberty Hill, TX 78642 (MLS# 4384565) is a Duplex property with 0 bedrooms and 0 full bathrooms. 400 Carl Shipp Drive is currently listed for $489,000 and was received on May 11, 2026. Want to learn more about 400 Carl Shipp Drive? Do you have questions about finding other Duplex real estate for sale in Liberty Hill? You can browse all Liberty Hill real estate or contact a Coldwell Banker agent to request more information.

