Active Listing  ·  54 days on market

108 Normal School Way

Liberty Hill, TX 78642
$400,000
4 Bed 3 Bath 2,540 sqft $157/sqft Built 2018 0.13 acres 2-Car Garage Pool Santa Rita Ranch South Sec 13

Welcome to your home in the highly desirable, master-planned community of Santa Rita Ranch! This two-story, 4-bedroom, 2.5-bathroom with a study and upstairs living area balances functionality and unbeatable convenience.

The open-concept main level welcomes you with an effortless flow from the kitchen to the main living area. The home office is at the front of the house, right at the entry with double, glassed doors - making the office a welcoming place to work from home while keeping an eye on who is coming and going from your house. From the kitchen, step outside to a covered back porch, creating an ideal setting for morning coffee or weekend barbecues. Upstairs, the second living area offers a flexible bonus space, perfect for a media room or play area. Three secondary bedrooms, a bath and laundry room are also on the 2nd floor.

Live the resort lifestyle with fantastic Santa Rita Ranch amenities right at your doorstep, including sparkling pools, water slides, parks, trails, schools and fitness centers. Santa Rita offers a wide array of scheduled events throughout the year. Best of all, daily errands are a breeze with a HEB and shopping centers located only minutes away.

At $157/sqft, this home is 29% below the Liberty Hill active market average of $221/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

108 Normal School Way, Liberty Hill, TX 78642

Property Details

Price $400,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,540 sqft
Lot Size 0.13 acres (5,619.24 sqft)
Year Built 2018
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Santa Rita Ranch South Sec 13
County Williamson
Zip Code 78642
$/sqft $157/sqft
Days on Market ,
HOA $120/Monthly
Annual Tax Est. $8,867.38
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241400012
List Date July 31, 2026
Elementary School Santa Rita
Middle School Legacy Ranch
High School Legacy Ranch
School District ,

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.

Schedule a Call →

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 31, 2026 $425,000
Previous ask $410,000
Current ask $400,000
Reduced $25,000 (-5.9%) 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
121 Mountain Sage Loop
Orchard Ridge
$399,999 $159 4 bd / 3 ba 2,517 sqft , 2026-04-19
212 Yoakum St
Larkspur
$399,900 $167 4 bd / 3 ba 2,393 sqft , 2026-06-05
101 Singing Dove Way
Santa Rita Ranch at Homestead
$399,900 $191 4 bd / 3 ba 2,096 sqft , 2026-09-03
412 Perryville Loop
Santa Rita Ranch South
$406,000 $164 4 bd / 3 ba 2,470 sqft , 2026-04-17
104 Kavanaugh St
Morningstar Ph 1 Sec 1
$410,000 $155 4 bd / 3 ba 2,640 sqft , 2026-07-10

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
$1,920/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
$80,000
20% conventional investment loan

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

Estimated Gross Rent+$1,920
Principal + Interest−$2,183
Property Tax (~2.1% TX avg)−$700
Insurance (~0.5%)−$167
Est. Monthly Cash Flow $-1,130

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 · 30 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. This page was last updated on September 10, 2026.

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