Active Listing  ·  24 days on market

171 Alicante Ln

Liberty Hill, TX 78642
$520,000
4 Bed 4 Bath 2,686 sqft $194/sqft Built 2022 0.14 acres 2-Car Garage Pool Santa Rita Ranch Ph 4 Sec 1

Immediate income opportunity in highly sought-after Santa Rita Ranch! Tenant occupied through March 31, 2027, this 2023 Scott Felder Homes Pleasanton plan offers immediate rental income plus over $74,000 in builder upgrades. The 2-story, 2,613-sq-ft layout features 4 bedrooms, 3.5 baths, a dedicated study, game room & main-level primary suite. Enjoy 8-ft doors on the main level, high ceilings & an open-concept kitchen w/ quartz counters, large island, breakfast bar, built-in SS appliances, gas cooktop & seamless flow into the dining area & spacious family room. The primary retreat features high ceilings, a mud-set shower w/ seat & large walk-in closet. Additional highlights include a smart thermostat, radiant barrier, attached 2-car garage & automatic sprinkler system. Relax or entertain on the large covered patio overlooking a private backyard w/ no neighbor behind. Close to Santa Rita Elementary & Santa Rita Middle, plus the community pool, playground & pickleball courts. A turnkey investment opportunity combining immediate income, upgraded construction & a desirable Liberty Hill location!

At $194/sqft, this home is 13% 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

171 Alicante Ln, Liberty Hill, TX 78642

Property Details

Price $520,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,686 sqft
Lot Size 0.14 acres (6,172.45 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Santa Rita Ranch Ph 4 Sec 1
County Williamson
Zip Code 78642
$/sqft $194/sqft
Days on Market ,
HOA $116/Monthly
Annual Tax Est. $12,015.41
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246144756
List Date October 19, 2026
Elementary School Santa Rita
Middle School Santa Rita Middle
High School Liberty Hill
School District Liberty Hill ISD

Liberty Hill ISD

Santa Rita · Santa Rita Middle · 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
213 Montecido Dr
Santa Rita Ranch
$519,895 $179 4 bd / 3 ba 2,901 sqft , 2026-08-10
224 Montecido Dr
Santa Rita Ranch
$519,825 $185 4 bd / 3 ba 2,813 sqft , 2026-08-10
212 Montecido Dr
Santa Rita Ranch
$520,360 $193 4 bd / 4 ba 2,700 sqft , 2026-02-25
408 Amista Dr
Santa Rita Ranch
$518,990 $192 4 bd / 4 ba 2,703 sqft , 2026-05-14
120 Berean Ln
Santa Rita Ranch Ph 3 Sec 2
$524,900 $207 4 bd / 3 ba 2,541 sqft , 2026-07-07

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
$2,496/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
$104,000
20% conventional investment loan

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

Estimated Gross Rent+$2,496
Principal + Interest−$2,838
Property Tax (assumed ~2.1%)−$910
Insurance (assumed ~0.5%)−$217
Est. Monthly Cash Flow $-1,469

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 9, 2026.

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

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