Active Listing  ·  118 days on market

117 Peacevine Ln

Liberty Hill, TX 78642
$615,000
4 Bed 4 Bath 3,381 sqft $182/sqft Built 2023 0.21 acres 2-Car Garage Pool Santa Rita Ranch Ph 4 Sec 2

Welcome to 117 Peacevine Lane in the highly sought-after Santa Rita Ranch community of Liberty Hill. Built in 2023, this beautifully upgraded Coventry home offers over 3,300 square feet of thoughtfully designed living space, blending modern luxury, comfort, and functionality while providing exceptional value compared to nearby new construction.

From the moment you arrive, you’re greeted by striking curb appeal, professional landscaping, and a warm mahogany front door. Inside, soaring ceilings, abundant natural light, and an open-concept layout create an inviting atmosphere perfect for both entertaining and everyday living.

The chef-inspired kitchen features Level 5 quartz countertops, designer cabinetry, built-in Whirlpool appliances with a natural gas cooktop, apron-front farmhouse sink, upgraded designer backsplash, and a Samsung refrigerator that conveys with the home. Luxury hardwood flooring and premium electric blinds elevate the main living spaces throughout.

This flexible floorplan includes four spacious bedrooms, multiple living areas, and two bedrooms on the main level for added versatility. The private primary suite offers a spa-inspired retreat complete with a frameless glass shower, garden tub, and designer finishes throughout.

Unlike many nearby builder inventory homes, 117 Peacevine Lane already includes thousands in completed premium upgrades and move-in-ready enhancements, allowing buyers to enjoy luxury living without the additional wait, expense, or uncertainty of building new.

Located in the award-winning Santa Rita Ranch community with exceptional amenities, parks, pools, trails, and highly rated schools, this home offers the perfect balance of lifestyle, convenience, and elevated Hill Country living.

At $182/sqft, this home is 18% 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

117 Peacevine Ln, Liberty Hill, TX 78642

Property Details

Price $615,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,381 sqft
Lot Size 0.21 acres (9,265.21 sqft)
Year Built 2023
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Santa Rita Ranch Ph 4 Sec 2
County Williamson
Zip Code 78642
$/sqft $182/sqft
Days on Market ,
HOA $106/Monthly
Annual Tax Est. $16,426.41
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230254086
List Date May 28, 2026
Elementary School Tierra Rosa
Middle School Santa Rita Middle
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 · May 28, 2026 $645,000
Previous ask $635,000
Current ask $615,000
Reduced $30,000 (-4.7%) 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
217 Las Posas Dr
Santa Rita Ranch
$617,984 $219 4 bd / 3 ba 2,819 sqft , 2026-08-29
539 Los Aliso Ct
Santa Rita Ranch
$624,900 $213 4 bd / 3 ba 2,936 sqft , 2026-05-21
225 Montecido Dr
Santa Rita Ranch
$624,900 $193 4 bd / 4 ba 3,241 sqft , 2026-06-22
404 Amista Dr
Santa Rita Ranch
$599,990 $206 5 bd / 4 ba 2,909 sqft , 2026-02-24
507 Los Aliso Ct
Santa Rita Ranch
$630,335 $215 4 bd / 3 ba 2,936 sqft , 2026-06-25

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
$2,952/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
$123,000
20% conventional investment loan

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

Estimated Gross Rent+$2,952
Principal + Interest−$3,356
Property Tax (~2.1% TX avg)−$1,076
Insurance (~0.5%)−$256
Est. Monthly Cash Flow $-1,736

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 18, 2026.

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