Active Listing  ·  95 days on market

196 Covered Bridge Trl

Liberty Hill, TX 78642
$524,900
5 Bed 4 Bath 2,585 sqft $203/sqft Built 2026 0.06 acres 2-Car Garage Pool New Construction Santa Rita Ranch

Entryway opens into a curved staircase that is embraced by a grand ceiling. A secondary bedroom is right off the main hallway and has access to a full private bathroom and walk-in closet. As you enter the kitchen you are greeted by the island that features built-in seating space, a 5-burner gas cooktop, and a walk-in pantry. The dining area connects to the family room which boasts a wall of windows and access to the covered backyard patio. The primary bedroom is off the main living areas and allows ample natural light with its three large windows. Double doors lead into the primary bathroom which has dual vanities, a linen closet, large glass enclosed shower, and an oversized walk-in closet. It also allows dual access to the utility room for added convenience. Upstairs you are greeted by a game room which features a wall of windows. Completing the space are three bedrooms and two full bathrooms. Landscaping features a 7-zone sprinkler system. The mud room is off the two-car garage.

At $203/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

196 Covered Bridge Trl, Liberty Hill, TX 78642

Property Details

Price $524,900
Status Active Listing
Beds 5
Full Baths 4
Half Baths ,
Living Area 2,585 sqft
Lot Size 0.06 acres (2,583.11 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Santa Rita Ranch
County Williamson
Zip Code 78642
$/sqft $203/sqft
Days on Market ,
HOA $116/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT237113686
List Date June 20, 2026
Elementary School Tierra Rosa
Middle School Santa Rita Middle
High School Legacy Ranch
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 →

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 · June 20, 2026 $599,900
Previous ask $549,900
Current ask $524,900
Reduced $75,000 (-12.5%) 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
241 Blue Summit Bnd
Santa Rita Ranch
$524,900 $193 4 bd / 4 ba 2,725 sqft , 2026-05-08
213 Montecido Dr
Santa Rita Ranch
$524,896 $181 4 bd / 3 ba 2,901 sqft , 2026-08-10
412 Amista Dr
Santa Rita Ranch
$524,990 $253 4 bd / 3 ba 2,079 sqft , 2026-03-02
357 Blue Summit Bnd
Santa Rita Ranch
$524,990 $199 4 bd / 3 ba 2,634 sqft , 2026-05-07
112 Ray Ct
Santa Rita Ranch Ph 1 Sec 22
$525,000 $224 4 bd / 3 ba 2,348 sqft , 2026-09-11

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
$2,520/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
$104,980
20% conventional investment loan

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

Estimated Gross Rent+$2,520
Principal + Interest−$2,865
Property Tax (~2.1% TX avg)−$919
Insurance (~0.5%)−$219
Est. Monthly Cash Flow $-1,483

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 15, 2026.

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