Active Listing  ·  102 days on market

121 La Ventana Dr

Liberty Hill, TX 78642
$1,139,000
4 Bed 5 Bath 3,465 sqft $329/sqft Built 2025 0.45 acres 3-Car Garage Pool New Construction Santa Rita Ranch Ph 1 Sec 10

SUPERIOR BY DESIGN ~ ELEVATED IN EVERY DETAIL A beautiful private courtyard creates a memorable arrival at this distinguished Riviera Estate, where the thoughtful design of the Estate Collection is enhanced by an impressive array of upgrades and designer selections. Formerly the model home, this 3,465-square-foot residence offers a level of finish and detail that extends well beyond the standard. Striking double iron front doors open to an expansive Great Room, where wood-wrapped beams add architectural character and warmth. Black-framed exterior windows, curated lighting and hardware throughout, and 10’ Millennium iron doors leading to the back patio create a cohesive, elevated aesthetic. Designed for exceptional entertaining, the chef-inspired kitchen features KitchenAid appliances and stacked upper cabinetry, while the private courtyard and covered rear patio with built-in outdoor kitchen offer two inviting settings for gathering and relaxing. The extended private casita, complete with its own dedicated garage, offers exceptional flexibility for multigenerational living, extended-stay guests, or an added bonus entertaining area. Four bedrooms, each with its own en-suite private bath, a powder bath, a dedicated study, wet bar, and beautifully built-out laundry room bring thoughtful functionality to everyday living. Every detail contributes to a residence that feels considered, complete, and distinctly elevated. Set upon an expansive 105’ wide - .45 acre lot, this is more than a beautifully appointed home. It is a fully realized Estate Collection lifestyle, ready to be experienced.

At $329/sqft, this home is priced 48% 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 Ventana Dr, Liberty Hill, TX 78642

Property Details

Price $1,139,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths 1
Living Area 3,465 sqft
Lot Size 0.45 acres (19,602 sqft)
Year Built 2025
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Santa Rita Ranch Ph 1 Sec 10
County Williamson
Zip Code 78642
$/sqft $329/sqft
Days on Market ,
HOA $116/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT239750700
List Date July 13, 2026
Elementary School San Gabriel
Middle School Douglas Benold
High School East View
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 · July 13, 2026 $1,249,000
Previous ask $1,099,000
Current ask $1,139,000
▼ Reduced $110,000 (-8.8%) 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
506 Clima Ct
Santa Rita Ranch
$1,174,900 $266 4 bd / 5 ba 4,411 sqft , 2026-07-28
268 Jates Field Bnd
Santa Rita Ranch
$999,250 $269 4 bd / 6 ba 3,709 sqft , 2026-03-20
159 Oswalt Way
Santa Rita Ranch - Eldorado - Tesoro Collection
$999,000 $217 4 bd / 5 ba 4,595 sqft , 2026-03-31
260 Jates Field Bnd
Santa Rita Ranch
$998,260 $222 5 bd / 8 ba 4,488 sqft , 2026-03-06
401 Jates Field Bnd
Santa Rita Ranch
$997,844 $269 4 bd / 6 ba 3,709 sqft , 2026-05-26

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
$5,467/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
$227,800
20% conventional investment loan

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

Estimated Gross Rent+$5,467
Principal + Interest−$6,216
Property Tax (~2.1% TX avg)−$1,993
Insurance (~0.5%)−$475
Est. Monthly Cash Flow $-3,217

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

More Luxury Homes in Liberty Hill

Loading…
View All Luxury Homes →
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 October 22, 2026.

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