Active Listing  ·  24 days on market

201 West Faulkner St

Liberty Hill, TX 78642
$464,990
4 Bed 3 Bath 2,901 sqft $160/sqft Built 2026 0.14 acres 2-Car Garage Pool Lariat

New Construction | 2 Story | 2,901 Sq Ft | 4 Bed | 3 Bath | Study | Game Room | Media Room | Available 2027 | The Leilana is a thoughtfully-designed two-story home offering 4 bedrooms, 3 baths, a dedicated study, a game room, and a media room. At the front of the home, the private study with French doors offers a quiet space for work. Adjacent, the stairs to the second level sit next to a storage closet and across the hall from the entrance to the 2-car garage. At the center of the home, the family room has large windows and tall ceilings highlighting the open-to-below floor plan. The kitchen overlooks the family room to its front and the dining area to its back. The kitchen includes an island, abundant cabinetry, ample counter space, and a walk-in pantry for extra storage. The primary suite is tucked away at the back of the home for privacy. Double doors lead to the ensuite bathroom, which features dual vanities, a walk-in shower, and a Texas-sized walk-in closet with built-in shelving and direct access to the utility room. Just outside the utility room, Bedroom 2 resides next to Bathroom 2—perfect for guests and multigenerational families. All secondary bedrooms have walk-in closets. Upstairs, a spacious game room is situated right in between Bedroom 3 and 4. Bathroom 3 features dual vanities and is nearby for ease of access. A private media room offers a designated space for cinematic immersion. Make the Leilana your home today!

At $160/sqft, this home is 28% 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

201 West Faulkner St, Liberty Hill, TX 78642

Property Details

Price $464,990
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,901 sqft
Lot Size 0.14 acres (6,194.23 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lariat
County Williamson
Zip Code 78642
$/sqft $160/sqft
Days on Market ,
HOA $210/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT250295214
List Date October 19, 2026
Elementary School Liberty Hill
Middle School Liberty Hill (Liberty Hill)
High School Liberty Hill
School District Liberty Hill ISD

Liberty Hill ISD

Liberty Hill · 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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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
229 Rightfield Dr
Lariat
$469,990 $183 4 bd / 4 ba 2,567 sqft , 2026-05-07
232 Gary Wayne Dr
Lariat
$474,900 $183 4 bd / 3 ba 2,595 sqft , 2026-05-23
232 Rightfield Dr
Lariat
$474,900 $187 4 bd / 3 ba 2,545 sqft , 2026-06-06
100 Danielson St
Lariat
$455,000 $190 4 bd / 4 ba 2,392 sqft , 2026-10-22
313 West Faulkner St
Lariat
$475,880 $171 4 bd / 3 ba 2,777 sqft , 2026-08-17

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
$2,232/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
$92,998
20% conventional investment loan

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

Estimated Gross Rent+$2,232
Principal + Interest−$2,538
Property Tax (assumed ~2.1%)−$814
Insurance (assumed ~0.5%)−$194
Est. Monthly Cash Flow $-1,314

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 27, 2026.

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

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