Active Listing  ·  86 days on market

206 Star Spangled Dr

Liberty Hill, TX 78642
$298,000
4 Bed 2 Bath 1,835 sqft $162/sqft Built 2020 0.14 acres 2-Car Garage Pool Liberty Parke

Welcome to this beautifully maintained home in the desirable Liberty Parke community! This inviting home offers a spacious, functional floor plan with abundant natural light, making it ideal for both everyday living and entertaining. Residents enjoy fantastic neighborhood amenities, including a community pool, playground, park, and walking trails. One of the home's greatest features is its unbeatable location, just 5 minutes from the new Liberty Hill Costco and one of the largest Target stores in the area. Enjoy easy access to the H-E-B Center at Cedar Park, nearby entertainment, a growing selection of shopping, dining, and everyday conveniences, as well as major roadways including Hwy. 183 and the 183A Toll Road, providing a convenient commute to Cedar Park, Leander, and Austin. Experience the perfect blend of comfort, convenience, and community in one of Liberty Hill's most desirable neighborhoods.

At $162/sqft, this home is 27% 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

206 Star Spangled Dr, Liberty Hill, TX 78642

Property Details

Price $298,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,835 sqft
Lot Size 0.14 acres (6,011.28 sqft)
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Liberty Parke
County Williamson
Zip Code 78642
$/sqft $162/sqft
Days on Market ,
HOA $600/Annually
Annual Tax Est. $6,940.99
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237632436
List Date June 29, 2026
Elementary School Bill Burden
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 →

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 29, 2026 $300,000
Current ask $298,000
Reduced $2,000 (-0.7%) 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
313 Drystone Trl
Stonewall Ranch Sec 02
$299,000 $214 3 bd / 2 ba 1,397 sqft , 2026-07-30
148 Presidential Path
Liberty Parke Sub Ph Ii
$299,900 $209 3 bd / 2 ba 1,434 sqft , 2026-03-13
321 Freedom Park Ave
I212317D - LIBERTY PARKE
$299,999 $192 3 bd / 2 ba 1,566 sqft , 2026-03-09
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

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
$1,430/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
$59,600
20% conventional investment loan

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

Estimated Gross Rent+$1,430
Principal + Interest−$1,626
Property Tax (~2.1% TX avg)−$522
Insurance (~0.5%)−$124
Est. Monthly Cash Flow $-842

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 19, 2026.

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