Active Listing  ·  28 days on market

120 Cascata Way

Liberty Hill, TX 78642
$300,000
3 Bed 2 Bath 1,727 sqft $174/sqft Built 2018 0.13 acres 2-Car Garage Pool Santa Rita Ranch

Welcome to 120 Cascata Way, a beautiful single-story home nestled in the highly sought after and award winning community of Santa Rita Ranch! Offering 3 bedrooms, 2 bathrooms, and a thoughtfully designed layout, this home combines comfort, style, and functionality. An abundance of windows fills the living area with natural light, creating a bright and inviting atmosphere perfect for everyday living and entertaining. The well-appointed kitchen features crisp white cabinetry, stainless steel appliances, a gas range, generous counter space, and a center island with seating, making it an ideal gathering spot. The spacious primary suite offers a relaxing retreat, complete with a double vanity, large walk-in shower, and walk-in closet. Two additional bedrooms provide flexibility for guests, a home office, or whatever suits your needs. Step outside to enjoy the backyard and covered patio, perfect for outdoor dining, entertaining, or simply unwinding. Residents of Santa Rita Ranch enjoy an exceptional array of resort-style amenities, including multiple swimming pools, dog parks, the community Wellness Barn, scenic nature trails, parks, and recreational spaces. Ideally situated in Liberty Hill, this home offers convenient access to everyday essentials, shopping, and dining, including nearby H-E-B, Bar W Marketplace, Costco, and a variety of local restaurants and retailers. With easy access to Ronald Reagan Boulevard, Highway 29, and US-183/183A Toll, commuting to Georgetown, Leander, Cedar Park, and the greater Austin area is convenient. Enjoy the charm of Hill Country living without sacrificing proximity to modern conveniences. With its inviting interior, outdoor living space, outstanding community amenities, and desirable location, this home is an opportunity you won't want to miss. Schedule your private showing today!

At $174/sqft, this home is 22% 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

120 Cascata Way, Liberty Hill, TX 78642

Property Details

Price $300,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,727 sqft
Lot Size 0.13 acres (5,789.12 sqft)
Year Built 2018
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Santa Rita Ranch
County Williamson
Zip Code 78642
$/sqft $174/sqft
Days on Market ,
HOA $116/Monthly
Annual Tax Est. $7,324.34
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249834553
List Date October 15, 2026
Elementary School Santa Rita
Middle School Santa Rita Middle
High School Liberty Hill
School District Liberty Hill ISD

Liberty Hill ISD

Santa Rita · Santa Rita Middle · 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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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
323 Zuma Dr
Santa Rita Ranch South
$299,000 $194 3 bd / 2 ba 1,540 sqft , 2026-08-21
200 High Plains Pass
Orchard Ridge
$298,700 $216 3 bd / 2 ba 1,386 sqft , 2026-09-18
284 Zuma Dr
Santa Rita Ranch South Sec 17
$297,000 $193 3 bd / 2 ba 1,540 sqft , 2026-09-03
453 Agave Azul Way
WILDLEAF
$294,995 $169 4 bd / 3 ba 1,746 sqft , 2026-08-26
145 Carlina Loop
Santa Rita Ranch South Sec 14
$309,900 $147 3 bd / 3 ba 2,112 sqft , 2026-10-14

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
$1,440/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
$60,000
20% conventional investment loan

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

Estimated Gross Rent+$1,440
Principal + Interest−$1,637
Property Tax (assumed ~2.1%)−$525
Insurance (assumed ~0.5%)−$125
Est. Monthly Cash Flow $-847

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 October 23, 2026.

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

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