Active Listing  ·  167 days on market

212 Borrego Bnd

Liberty Hill, TX 78642
$697,990
4 Bed 5 Bath 3,032 sqft $230/sqft Built 2026 0.20 acres 3-Car Garage Pool New Construction Santa Rita Ranch

NEW CONSTRUCTION - Expected Completion August 2026:

Highland Homes 218 floor plan, designed for modern living and entertaining. This layout features four bedrooms and four bathrooms, providing ample space. The open-concept kitchen flows seamlessly into the dining area and spacious living room, which opens to outdoor living, perfect for gatherings and relaxation. The primary suite offers a luxurious retreat with a private en-suite bathroom. All secondary bedrooms have their own private baths, ensuring comfort and privacy. An entertainment room and study provide flexible spaces for work and play. A three-car tandem garage offers plenty of storage and parking, making this home both functional and stylish. Highland Homes is a ten-time awarded builder of the year with a 1-2-6 builder warranty. This home is located in Santa Rita Ranch with over 80 million dollars' worth in award winning amenities.

Optional upgrades:

- Extended outdoor living

- Extended primary suite

- Freestanding tub (rectangular)

At $230/sqft, this home is priced 4% above the Liberty Hill active market average of $221/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

212 Borrego Bnd, Liberty Hill, TX 78642

Property Details

Price $697,990
Status Active Listing
Beds 4
Full Baths 4
Half Baths 1
Living Area 3,032 sqft
Lot Size 0.20 acres (8,537.76 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Santa Rita Ranch
County Williamson
Zip Code 78642
$/sqft $230/sqft
Days on Market ,
HOA $1,392/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT225700288
List Date April 9, 2026
Elementary School Tierra Rosa
Middle School Santa Rita Middle
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 · April 9, 2026 $761,080
Previous ask $714,990
Current ask $697,990
Reduced $63,090 (-8.3%) 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
108 Ribera Dr
Santa Rita Ranch
$699,990 $202 5 bd / 6 ba 3,472 sqft , 2025-12-04
200 Borrego Bnd
Santa Rita Ranch
$699,990 $208 4 bd / 5 ba 3,371 sqft , 2026-02-27
337 Easthaven Bnd
Santa Rita Ranch
$699,990 $248 4 bd / 5 ba 2,819 sqft , 2026-05-18
501 Jacaranda Ct
Regency at Santa Rita Ranch - Orchard Collection
$694,000 $195 3 bd / 4 ba 3,568 sqft , 2025-11-21
205 Montecido Dr
Santa Rita Ranch
$702,900 $239 4 bd / 4 ba 2,942 sqft , 2026-09-05

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
$3,350/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
$139,598
20% conventional investment loan

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

Estimated Gross Rent+$3,350
Principal + Interest−$3,809
Property Tax (~2.1% TX avg)−$1,221
Insurance (~0.5%)−$291
Est. Monthly Cash Flow $-1,971

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 · 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 14, 2026.

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