Active Listing  ·  27 days on market

128 Outlaw Dr

Liberty Hill, TX 78642
$285,000
3 Bed 2 Bath 1,440 sqft $198/sqft Built 2023 0.14 acres 2-Car Garage Pool Butler Farms Ph 9

Welcome to this beautifully designed 3-bedroom, 2-bath home in Butler Farms — one of Liberty Hill’s most sought-after communities, known for its friendly atmosphere, beautiful surroundings, and unbeatable Hill Country location.

Situated on a desirable corner lot with no back neighbors, this home offers a level of privacy and openness that is truly hard to find. The large backyard is your own private retreat, with a covered back patio perfect for relaxing evenings, weekend cookouts, and enjoying the peaceful surroundings without another home in sight.

Inside, tall ceilings, recessed lighting, and an abundance of natural light create a bright and airy atmosphere throughout. The open floor plan flows effortlessly between living spaces, making the home feel expansive and welcoming from the moment you walk in. The kitchen is a standout, featuring a large island perfect for gathering and entertaining, stainless steel appliances, and gas appliances that any home chef will appreciate.

The primary suite is a true retreat, complete with a large walk-in shower, dual vanity, and a generous walk-in closet designed to keep everything organized and within reach. Two additional bedrooms provide flexibility for guests, a home office, or whatever your lifestyle calls for.

An automatic sprinkler system in both the front and back yards keeps everything lush and green with minimal effort — one less thing to think about.

Located in Liberty Hill, you’re just minutes from the charming downtown square with beloved local spots like Dahlia Cafe, Wish Kitchen + Bar, and Liberty Hill Beer Market. Convenient access to Highway 29 and Ronald Reagan Boulevard connects you quickly to Georgetown, Cedar Park, and Austin, while the area’s rapid growth continues to bring new shopping, dining, and everyday conveniences closer to home. Zoned to Liberty Hill ISD, one of the fastest growing and most acclaimed school districts in Central Texas.

At $198/sqft, this home is 11% 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

128 Outlaw Dr, Liberty Hill, TX 78642

Property Details

Price $285,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,440 sqft
Lot Size 0.14 acres (5,889.31 sqft)
Year Built 2023
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Butler Farms Ph 9
County Williamson
Zip Code 78642
$/sqft $198/sqft
Days on Market ,
HOA $45/Monthly
Annual Tax Est. $7,170.18
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249939998
List Date October 16, 2026
Elementary School Liberty Hill
Middle School Liberty Hill (Liberty Hill)
High School Liberty Hill
School District Liberty Hill ISD

Liberty Hill ISD

Liberty Hill · Liberty Hill (Liberty Hill) · 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
208 Windfall Trl
Butler Farms
$289,990 $169 4 bd / 2 ba 1,720 sqft , 2026-05-07
417 Wild Spur Ln
Butler Farms
$289,990 $182 3 bd / 3 ba 1,589 sqft , 2026-05-19
256 Prairie Song Ln
Butler Farms
$289,990 $194 3 bd / 2 ba 1,498 sqft , 2026-10-27
252 Prairie Song Ln
Butler Farms
$279,990 $194 3 bd / 2 ba 1,440 sqft , 2026-10-26
524 Longmount Cv
Butler Farms Ph 9
$277,500 $184 3 bd / 2 ba 1,509 sqft , 2026-11-05

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
$1,368/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
$57,000
20% conventional investment loan

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

Estimated Gross Rent+$1,368
Principal + Interest−$1,555
Property Tax (assumed ~2.1%)−$499
Insurance (assumed ~0.5%)−$119
Est. Monthly Cash Flow $-805

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 3, 2026.

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

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