Active Listing  ·  313 days on market

156 Covered Bridge Trl

Liberty Hill, TX 78642
$499,990
4 Bed 3 Bath 2,634 sqft $190/sqft Built 2025 0.14 acres 2-Car Garage Pool New Construction Santa Rita Ranch

Built by award-winning Highland Homes, the popular Livingston is a well-appointed two-story home featuring a functional layout ideal for modern living, blending comfort with contemporary style. Upon entering the home, a beautiful spiral staircase and soaring ceilings set the tone for the thoughtful design throughout. The primary suite is located at the rear of the home, offering privacy with an ensuite bathroom and walk-in closet. Upstairs, two additional bedrooms share a full bathroom and open to a cozy loft space --perfect for a study nook, media area, or casual lounge. The designer, gourmet kitchen features built-in stainless-steel appliances as well as a 36-inch gas cooktop with stainless steel vent hood. This brand new home features a primary bath with a separate shower and freestanding tub, tankless water heater and full sod and sprinkler system! The included Highland home warranty provides additional buyer peace of mind. Resort style amenities such as pools, fitness center, walking trails and pickleball courts are located within a few miles of this stunning home. Ready for immediate move-in! Schedule your tour today!

At $190/sqft, this home is 14% 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

156 Covered Bridge Trl, Liberty Hill, TX 78642

Property Details

Price $499,990
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,634 sqft
Lot Size 0.14 acres (6,098.4 sqft)
Year Built 2025
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Santa Rita Ranch
County Williamson
Zip Code 78642
$/sqft $190/sqft
Days on Market ,
HOA $1,272/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT211945531
List Date November 14, 2025
Elementary School Tierra Rosa
Middle School Santa Rita Middle
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.

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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 · November 14, 2025 $540,900
Previous ask $509,990
Current ask $499,990
Reduced $40,910 (-7.6%) 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
508 Echo Pass
Santa Rita Ranch
$499,990 $194 4 bd / 3 ba 2,575 sqft , 2025-10-27
201 Singing Dove Way
Santa Rita Ranch at Homestead
$499,900 $199 4 bd / 4 ba 2,508 sqft , 2026-01-21
180 Covered Bridge Trl
Santa Rita Ranch
$499,900 $193 5 bd / 4 ba 2,585 sqft , 2026-05-01
514 Los Aliso Ct
Santa Rita Ranch Ph 7B Sec 4 - 50
$499,900 $204 4 bd / 4 ba 2,453 sqft , 2026-07-07
309 Avendita Ln
Santa Rita Ranch Ph 1 Sec 18
$499,000 $176 4 bd / 4 ba 2,831 sqft , 2026-05-01

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
$2,400/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
$99,998
20% conventional investment loan

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

Estimated Gross Rent+$2,400
Principal + Interest−$2,729
Property Tax (~2.1% TX avg)−$875
Insurance (~0.5%)−$208
Est. Monthly Cash Flow $-1,412

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 · 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 13, 2026.

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