Based on horizontal continuous casting with a heating-cooling combined mold (HCCM) technology, this article investigated the effects of processing parameters on the liquid-solid interface (LSI) position and the influence of LSI position on the surface quality, microstructure, texture, and mechanical properties of a BFe10-1-1 tube (ϕ50 mm × 5 mm). HCCM efficiently improves the temperature gradient in front of the LSI. Through controlling the LSI position, the radial columnar-grained microstructure that is commonly generated by cooling mold casting can be eliminated, and the axial columnar-grained microstructure can be obtained. Under the condition of 1250℃ melting and holding temperature, 1200–1250℃ mold heating temperature, 50–80 mm/min mean drawing speed, and 500–700 L/h cooling water flow rate, the LSI position is located at the middle of the transition zone or near the entrance of the cooling section, and the as-cast tube not only has a strong axial columnar-grained microstructure \((\{ hkl\} < 6\bar 21 > , \{ hkl\} < 2\bar 21 > )\) due to strong axial heating conduction during solidification but also has smooth internal and external surfaces without cracks, scratches, and other macroscopic defects due to short solidified shell length and short contact length between the tube and the mold at high temperature. The elongation and tensile strength of the tube are 46.0%–47.2% and 210–221 MPa, respectively, which can be directly used for the subsequent cold-large-strain processing.