About This Home

Brand new, energy-efficient home available by Aug 2026! Unwind in the private main floor primary suite, complete with a sizeable walk-in closet and bath. Enjoy working from home in the Matador's private study. Upstairs, the kids will love the spacious game room. Small-town charm meets big-city amenities in this Liberty Hill community. Situated just off Hwy 29, the Reserve Collection at Butler Farms offers functional floorplans with included features like walk-in showers, covered patios and designer curated interior packages. Residents in Butler Farms can look forward to enjoying community amenities like the resort-style pool, trails, fire pits and more. Find your dream home in this gorgeous community. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

At $150/sqft, this home is 32% 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

120 Windfall Trl, Liberty Hill, TX 78642

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Property Details

Price $354,990

Status Active Listing

Beds 4

Full Baths 2

Half Baths 1

Living Area 2,372 sqft

Lot Size 0.12 acres (5,401.44 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Butler Farms

County Williamson

Zip Code 78642

$/sqft $150/sqft

Days on Market ,

HOA $123/Quarterly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT229327099

List Date May 19, 2026

Elementary School Bill Burden

Middle School Liberty Hill Middle

High School Liberty Hill

School District ,

Have Questions About This Property?

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 19, 2026 $399,990

Previous ask $364,990

Current ask $354,990

▼ Reduced $45,000 (-11.3%) 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

112 Andele Way
Santa Rita Ranch South Sec 15 $355,000 $223 3 bd / 2 ba 1,593 sqft , 2026-07-28

353 Blue Sage Dr
Caughfield $350,000 $146 4 bd / 3 ba 2,393 sqft , 2026-08-18

193 Fluttermill Loop
Orchard Ridge $350,000 $179 3 bd / 3 ba 1,956 sqft , 2026-09-14

141 Parryi Cv
Wildleaf $360,000 $191 4 bd / 2 ba 1,885 sqft , 2025-08-11

234 Freeman Ranch St
Larkspur $360,000 $214 3 bd / 2 ba 1,683 sqft , 2026-09-09

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

$1,704/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

$70,998

20% conventional investment loan

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

Estimated Gross Rent+$1,704

Principal + Interest−$1,937

Property Tax (~2.1% TX avg)−$621

Insurance (~0.5%)−$148

Est. Monthly Cash Flow $-1,002

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

About the Author

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 August 12, 2026.

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

120 Windfall Trl