Active Listing  ·  125 days on market

101 Gary Wayne Dr

Liberty Hill, TX 78642
$405,000
4 Bed 3 Bath 2,954 sqft $137/sqft Built 2024 0.18 acres 2-Car Garage Pool Lariat Sec 9

Discover unparalleled tranquility and sophisticated living at this exquisite Liberty Hill residence. This stunning single-story home, spanning 2954 square feet, offers a harmonious blend of expansive interior spaces and a generous outdoor environment. With four spacious bedrooms and three full bathrooms, the design perfectly accommodates both intimate family life and grand entertaining. The property boasts a remarkable 0.15-acre lot, providing ample room for outdoor activities and creating a private oasis for relaxation. Situated in the charming community of Liberty Hill, residents benefit from a serene atmosphere while remaining conveniently connected to local amenities and the vibrant spirit of the area. This home presents an extraordinary opportunity to embrace a lifestyle of comfort and elegance in a sought-after locale.

At $137/sqft, this home is 38% below the Liberty Hill active market average of $222/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

101 Gary Wayne Dr, Liberty Hill, TX 78642

Property Details

Price $405,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,954 sqft
Lot Size 0.18 acres (7,749.32 sqft)
Year Built 2024
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lariat Sec 9
County Williamson
Zip Code 78642
$/sqft $137/sqft
Days on Market ,
HOA $210/Quarterly
Annual Tax Est. $15,020.48
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239366255
List Date July 10, 2026
Elementary School LariatTrails
Middle School Liberty Hill (Liberty Hill)
High School Liberty Hill
School District Liberty Hill ISD

Liberty Hill ISD

LariatTrails · Liberty Hill (Liberty Hill) · Liberty Hill

Luke Allen (TREC #788149) has deep knowledge of Liberty Hill and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · July 10, 2026 $462,500
Previous ask $425,000
Current ask $405,000
▼ Reduced $57,500 (-12.4%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Liberty Hill

Comparable Listings Right Now

Homes currently for sale in Liberty Hill with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
213 Clover Bnd
Lariat
$408,370 $185 3 bd / 3 ba 2,202 sqft , 2026-09-29
510 Outrider Ct
Lariat
$399,900 $192 4 bd / 3 ba 2,079 sqft , 2026-06-24
317 West Faulkner St
Lariat
$398,785 $177 4 bd / 3 ba 2,249 sqft , 2026-06-29
421 Carr Dr
Lariat
$398,290 $183 4 bd / 3 ba 2,180 sqft , 2026-09-17
148 Adze Dr
Cascade
$391,200 $151 5 bd / 4 ba 2,595 sqft , 2026-06-29

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$1,944/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$81,000
20% conventional investment loan

Monthly Cash Flow Breakdown (assumes 20% down · 7.25% rate)

Estimated Gross Rent+$1,944
Principal + Interest−$2,210
Property Tax (assumed ~2.1%)−$709
Insurance (assumed ~0.5%)−$169
Est. Monthly Cash Flow $-1,144

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Liberty Hill, TX

Liberty Hill sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 41 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. The written content was last updated on November 11, 2026.

📞 (254) 718-2567 [email protected] More about Luke →

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