Active Listing  ·  183 days on market

121 La Caleta Bnd

Liberty Hill, TX 78642
$698,990
4 Bed 4 Bath 2,872 sqft $243/sqft Built 2026 0.27 acres 3-Car Garage Pool New Construction Santa Rita Ranch

Stunning Jester floorplan: $75K+ in Upgrades! Rare opportunity to own a heavily upgraded, one-story Jester floor plan! This 4BR/3.5BA/study/game room/3-car garage home features a deluxe kitchen with double ovens, stacked cabinets, and quartz counters throughout. The living room impresses with vaulted ceilings and a gas fireplace. Relax in the 17’ x 17’ primary suite or the spa-like bath with a oversized frameless glass shower. Enjoy the outdoors on the 18’ x 18’ covered patio with enormous 55’ deep backyard. Premium under-cabinet lighting and designer finishes make this home move-in ready luxury.

At $243/sqft, this home is priced 9% above the Liberty Hill active market average of $222/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

121 La Caleta Bnd, Liberty Hill, TX 78642

Property Details

Price $698,990
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,872 sqft
Lot Size 0.27 acres (11,543.4 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Santa Rita Ranch
County Williamson
Zip Code 78642
$/sqft $243/sqft
Days on Market ,
HOA $116/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT229931026
List Date May 13, 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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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 13, 2026 $796,990
Previous ask $718,990
Current ask $698,990
▼ Reduced $98,000 (-12.3%) 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
408 Borrego Bnd
Santa Rita Ranch
$699,900 $233 4 bd / 4 ba 2,999 sqft , 2026-10-27
120 Chantilly Way
Santa Rita Ranch
$699,990 $202 4 bd / 4 ba 3,465 sqft , 2026-08-27
200 Borrego Bnd
Santa Rita Ranch
$689,200 $204 4 bd / 5 ba 3,371 sqft , 2026-02-27
511 Tricia Ct
Santa Rita Ranch
$714,511 $203 4 bd / 6 ba 3,521 sqft , 2026-02-28
205 Montecido Dr
Santa Rita Ranch
$674,900 $229 4 bd / 4 ba 2,942 sqft , 2026-09-05

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
$3,355/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
$139,798
20% conventional investment loan

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

Estimated Gross Rent+$3,355
Principal + Interest−$3,815
Property Tax (assumed ~2.1%)−$1,223
Insurance (assumed ~0.5%)−$291
Est. Monthly Cash Flow $-1,974

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 November 4, 2026.

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

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