Active Listing  ·  120 days on market

136 Spokeshave Ln

Liberty Hill, TX 78642
$333,590
3 Bed 3 Bath 1,950 sqft $171/sqft Built 2026 0.12 acres 2-Car Garage Pool New Construction Cascade

Welcome home to 136 Spokeshave Lane located in the cozy Cascade community. Walk in to find wood-look vinyl flooring through the open-concept living areas and plenty of natural lighting. The mudroom off the garage has access to the pantry, making grocery day easier with one swift trip. The heart of the home can be found in the kitchen and features a center island, Miami White Silestone countertops, 42-inch upper cabinets, and sleek black appliances. Upstairs a utility room is conveniently placed amongst the secondary bedrooms, making laundry a easier and more organized routine. Enjoy the first-floor flex room that’s perfect for a home office, or retreat to the second-floor loft that offers room for exercise or pursuing hobbies. Retire to the primary suite and unwind with a walk-in closet, dual vanity, linen closet, and a walk-in shower. Other amazing highlights include storage closets in the foyer and powder room, and a front porch perfect for morning coffee.

Located about 35 miles from downtown Austin and close to 183, Liberty Hill is surrounded by the breathtaking rolling hills of the Texas Hill Country. This vibrant community features a charming historic downtown district with a strong sense of belonging that you’ll love, making it the perfect place to live, grow, and find your new home.

At $171/sqft, this home is 23% 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

136 Spokeshave Ln, Liberty Hill, TX 78642

Property Details

Price $333,590
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,950 sqft
Lot Size 0.12 acres (5,401.44 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cascade
County Williamson
Zip Code 78642
$/sqft $171/sqft
Days on Market ,
HOA $55/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT240011245
List Date July 15, 2026
Elementary School Bill Burden
Middle School Liberty Hill (Liberty Hill)
High School Liberty Hill
School District Liberty Hill ISD

Liberty Hill ISD

Bill Burden · 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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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 15, 2026 $323,590
Current ask $333,590
▲ Increased $10,000 (+3.1%) 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
124 Barret Dr
Lariat Sec 6
$335,888 $187 3 bd / 3 ba 1,801 sqft , 2026-03-10
104 Adze Dr
Cascade
$328,120 $156 4 bd / 3 ba 2,107 sqft , 2026-04-16
131 Table Top Bend None
Lariat
$339,990 $157 3 bd / 3 ba 2,172 sqft , 2026-10-12
144 Adze Dr
Cascade
$325,780 $195 3 bd / 3 ba 1,668 sqft , 2026-06-29
101 Crestview Dr
Hillcrest
$325,000 $207 4 bd / 2 ba 1,568 sqft , 2026-06-28

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
$1,601/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
$66,718
20% conventional investment loan

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

Estimated Gross Rent+$1,601
Principal + Interest−$1,821
Property Tax (assumed ~2.1%)−$584
Insurance (assumed ~0.5%)−$139
Est. Monthly Cash Flow $-943

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 October 14, 2026.

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

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