Active Listing  ·  7 days on market

137 Star Spangled Dr

Liberty Hill, TX 78642
$289,000
3 Bed 3 Bath 1,414 sqft $204/sqft Built 2020 0.12 acres 2-Car Garage Pool Liberty Parke

Welcome to 137 Star Spangled Dr, a well-maintained two-story home in the desirable Liberty Parke community of Liberty Hill. This 3-bedroom, 2.5-bath home offers an open floor plan with a spacious living area, kitchen with granite countertops, stainless steel appliances, breakfast bar and pantry, plus a convenient half bath downstairs. Upstairs features all three bedrooms, including a comfortable primary suite with walk-in closet, along with a dedicated laundry area. Enjoy the covered front porch, landscaped yard and fenced backyard, perfect for relaxing or entertaining. The home also includes an attached 2-car garage and energy-efficient windows. Liberty Parke offers residents access to a community pool, playground, park, dog park, walking trails and common areas. Conveniently located near Hwy 29, shopping, dining and everyday conveniences, with easy access to surrounding Liberty Hill and the greater Austin area. Zoned to Liberty Hill ISD.

At $204/sqft, this home is 8% below the Liberty Hill active market average of $221/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

137 Star Spangled Dr, Liberty Hill, TX 78642

Property Details

Price $289,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,414 sqft
Lot Size 0.12 acres (5,401.44 sqft)
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Liberty Parke
County Williamson
Zip Code 78642
$/sqft $204/sqft
Days on Market ,
HOA $600/Annually
Annual Tax Est. $6,792
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246851461
List Date September 16, 2026
Elementary School LouineNoble
Middle School Liberty Hill (Liberty Hill)
High School Liberty Hill
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 →

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 Continental Ave
Liberty Parke Sub Ph 1
$289,000 $208 3 bd / 2 ba 1,388 sqft , 2026-07-03
624 Independence Ave
Liberty Parke Sub Ph Ii
$290,000 $171 4 bd / 2 ba 1,695 sqft , 2026-07-16
100 Quarry Ln
Stonewall Ranch Sec 02
$290,000 $193 3 bd / 2 ba 1,504 sqft , 2026-09-10
109 Proclamation Ave
Liberty Parke
$285,000 $199 3 bd / 2 ba 1,432 sqft , 2026-06-12
225 Mount Vernon Way
Liberty Parke
$280,000 $179 3 bd / 2 ba 1,566 sqft , 2026-06-18

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
$1,387/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
$57,800
20% conventional investment loan

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

Estimated Gross Rent+$1,387
Principal + Interest−$1,577
Property Tax (~2.1% TX avg)−$506
Insurance (~0.5%)−$120
Est. Monthly Cash Flow $-816

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 September 21, 2026.

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