Active Listing  ·  41 days on market

132 Palo Duro Ct

Liberty Hill, TX 78641
$480,000
5 Bed 4 Bath 3,070 sqft $156/sqft Built 2018 0.27 acres 2-Car Garage Pool Caughfield Ph 3B

Welcome to 132 Palo Duro Ct in Leander, where space, flexibility, and family-friendly living come together! This spacious 5-bedroom, 4-bathroom home features a desirable open-concept floor plan with two bedrooms and two full bathrooms on the first floor, offering ideal flexibility for multigenerational living, guests, or a private home office. The open living spaces create a natural flow for everyday living and entertaining, while the generous bedroom count provides room for everyone to spread out. Situated on a **huge cul-de-sac lot**, there is plenty of room to enjoy the outdoors, play, and make lasting memories. Location is a standout, with **Larkspur Elementary directly across the street** and the incredible Larkspur community amenities close by. Enjoy neighborhood parks, a community pool, scenic trails, and the convenience of an elementary school right within the neighborhood. If you're looking for a spacious home with a flexible layout, an oversized lot, and a community designed for an active lifestyle, this Leander home is one to see!

At $156/sqft, this home is 30% 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

132 Palo Duro Ct, Liberty Hill, TX 78641

Property Details

Price $480,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths ,
Living Area 3,070 sqft
Lot Size 0.27 acres (11,822.18 sqft)
Year Built 2018
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Caughfield Ph 3B
County Williamson
Zip Code 78641
$/sqft $156/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $12,117.83
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248723304
List Date October 2, 2026
Elementary School Larkspur
Middle School Danielson
High School Glenn
School District Leander ISD

Leander ISD

Larkspur · Danielson · Glenn

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 · October 2, 2026 $495,000
Previous ask $490,000
Current ask $480,000
▼ Reduced $15,000 (-3.0%) 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
2432 Tumbleweed Bnd
The Enclave at Bar W
$494,290 $218 4 bd / 3 ba 2,264 sqft , 2026-08-13
213 Munk Ln
Larkspur
$499,900 $166 4 bd / 4 ba 3,018 sqft , 2026-04-01
1809 Dandy Brush Dr
BAR W RANCH
$443,990 $160 5 bd / 3 ba 2,783 sqft , 2026-07-06
2452 Tumbleweed Bnd
The Enclave at Bar W
$443,640 $212 4 bd / 3 ba 2,089 sqft , 2026-04-09
300 Fluttermill Loop
Highland Mdws Ph 3B
$439,990 $182 4 bd / 3 ba 2,413 sqft , 2026-07-24

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
$2,304/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
$96,000
20% conventional investment loan

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

Estimated Gross Rent+$2,304
Principal + Interest−$2,620
Property Tax (assumed ~2.1%)−$840
Insurance (assumed ~0.5%)−$200
Est. Monthly Cash Flow $-1,356

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 · 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 10, 2026.

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

Save this home