Active Listing  ·  189 days on market

208 Windfall Trl

Liberty Hill, TX 78642
$289,990
4 Bed 2 Bath 1,720 sqft $169/sqft Built 2026 0.12 acres 2-Car Garage Pool Butler Farms

Brand new, energy-efficient home available by Jul 2026! The open-concept layout and covered outdoor living space are great for entertaining. Linen cabinets with black pearl granite countertops, warm beige EVP flooring, and warm multi-tone taupe carpet in our Chic package. Small-town charm meets big-city amenities in this Liberty Hill community. Situated just off Hwy 29, the Reserve Collection at Butler Farms offers functional floorplans with included features like walk-in showers, covered patios and designer curated interior packages. Residents in Butler Farms can look forward to enjoying community amenities like the resort-style pool, trails, fire pits and more. Find your dream home in this gorgeous community. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

At $169/sqft, this home is 24% 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

208 Windfall Trl, Liberty Hill, TX 78642

Property Details

Price $289,990
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,720 sqft
Lot Size 0.12 acres (5,401.44 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Butler Farms
County Williamson
Zip Code 78642
$/sqft $169/sqft
Days on Market ,
HOA $123/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227797288
List Date May 7, 2026
Elementary School Bill Burden
Middle School Liberty Hill (Liberty Hill)
High School Liberty Hill
School District Liberty Hill ISD

Liberty Hill ISD

Bill Burden · 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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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 · May 7, 2026 $339,990
Previous ask $326,990
Current ask $289,990
▼ Reduced $50,000 (-14.7%) 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
417 Wild Spur Ln
Butler Farms
$289,990 $182 3 bd / 3 ba 1,589 sqft , 2026-05-19
256 Prairie Song Ln
Butler Farms
$289,990 $194 3 bd / 2 ba 1,498 sqft , 2026-10-27
128 Outlaw Dr
Butler Farms Ph 9
$285,000 $198 3 bd / 2 ba 1,440 sqft , 2026-10-16
108 Rivendale St
Butler Farms
$294,990 $186 3 bd / 3 ba 1,589 sqft , 2026-07-07
416 Wild Spur Ln
Butler Farms
$294,990 $158 3 bd / 3 ba 1,872 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
$1,392/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
$57,998
20% conventional investment loan

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

Estimated Gross Rent+$1,392
Principal + Interest−$1,583
Property Tax (assumed ~2.1%)−$507
Insurance (assumed ~0.5%)−$121
Est. Monthly Cash Flow $-819

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 11, 2026.

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

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