Active Listing  ·  116 days on market

116 Covered Bridge Trl

Liberty Hill, TX 78642
$479,900
4 Bed 4 Bath 2,392 sqft $201/sqft Built 2026 0.13 acres 2-Car Garage Pool Santa Rita Ranch

Step through the front entrance, and you'll find a spacious entryway adorned with three large windows allowing natural light to illuminate the space. Located right off the front entrance is the utility room. As you proceed into the family room, you'll be captivated by the 19-foot ceilings. The corner kitchen features a 5-burner gas cooktop, an island with built-in seating space, and a walk-in pantry. The adjacent dining area is bathed in natural light from the corner wall of windows. Enter the private primary suite, where a wall of windows welcomes you with natural light. French doors lead you to the primary bath, which offers dual vanities, a spacious glass-enclosed shower, and two oversized walk-in closets. On the second floor, you'll discover an open game room. The secondary bedrooms feature walk-in closets, separate linen closets, and share a full bathroom. A private guest suite with a full bathroom completes the upstairs. Outside is a covered backyard patio. Landscaping features a 7-zone sprinkler system. Completing the floor plan is a mud room located just off the two-car garage.

At $201/sqft, this home is 9% 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

116 Covered Bridge Trl, Liberty Hill, TX 78642

Property Details

Price $479,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,392 sqft
Lot Size 0.13 acres (5,662.8 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Santa Rita Ranch
County Williamson
Zip Code 78642
$/sqft $201/sqft
Days on Market ,
HOA $116/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232005134
List Date May 30, 2026
Elementary School Tierra Rosa
Middle School Santa Rita Middle
High School Liberty Hill
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.

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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 · May 30, 2026 $568,900
Previous ask $484,900
Current ask $479,900
Reduced $89,000 (-15.6%) 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
304 Covered Bridge Trl
Santa Rita Ranch
$479,900 $201 4 bd / 4 ba 2,384 sqft , 2026-04-30
100 Rangel Dr
Santa Rita Ranch
$477,500 $180 4 bd / 3 ba 2,652 sqft , 2026-04-17
116 Monza Bnd
Santa Rita Ranch
$484,000 $232 4 bd / 3 ba 2,088 sqft , 2026-03-20
520 Palatino Bnd
Santa Rita Ranch
$474,990 $263 4 bd / 2 ba 1,805 sqft , 2026-01-28
220 Menlo Bnd
Santa Rita Ranch
$474,990 $184 4 bd / 3 ba 2,577 sqft , 2026-04-23

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
$2,304/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
$95,980
20% conventional investment loan

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

Estimated Gross Rent+$2,304
Principal + Interest−$2,619
Property Tax (~2.1% TX avg)−$840
Insurance (~0.5%)−$200
Est. Monthly Cash Flow $-1,355

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 22, 2026.

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