Active Listing  ·  243 days on market

213 Great Lawn Bnd

Liberty Hill, TX 78642
$720,000
5 Bed 4 Bath 4,172 sqft $173/sqft Built 2021 0.34 acres 3-Car Garage Pool Santa Rita Ranch

Welcome to this thoughtfully designed 4,172-square-foot home located in Santa Rita Ranch North, featuring Scott Felder’s well-planned Llano floor plan. This two-story residence offers a balanced combination of scale, functionality, and comfort within one of the area’s most established master-planned communities.

The main level is anchored by a spacious living room with soaring two-story ceilings and a gas fireplace, creating an open yet inviting setting for both everyday living and entertaining. The kitchen connects seamlessly to the living and dining areas and features built-in stainless steel appliances, a farmhouse granite sink, an oversized island, and ample dining space designed for gathering.

The primary suite is privately positioned on the main level and includes a soaking tub, walk-in shower, and a large walk-in closet with direct access to the laundry room. A dedicated office and an additional flex space on the main floor provide versatility for working from home, creative use, or formal dining.

Upstairs, the home offers a spacious game room pre-plumbed for a sink, a separate media room, three secondary bedrooms, and two full bathrooms, allowing for comfortable separation of living spaces. Flooring throughout the home is selected for durability and style, with carpet limited to the stairs.

Outside, a covered patio overlooks an expansive backyard with ample room for outdoor living, recreation, or the future addition of a pool. The home is fully wired for data throughout.

Santa Rita Ranch residents enjoy access to multiple amenity centers offering pools, water slides, pickleball and sports courts, splash pads, playgrounds, hiking and biking trails, a dog park, and a full calendar of community events. Schedule your private showing to experience the space, layout, and lifestyle this home provides.

At $173/sqft, this home is 22% 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

213 Great Lawn Bnd, Liberty Hill, TX 78642

Property Details

Price $720,000
Status Active Listing
Beds 5
Full Baths 3
Half Baths 1
Living Area 4,172 sqft
Lot Size 0.34 acres (15,023.84 sqft)
Year Built 2021
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Santa Rita Ranch
County Williamson
Zip Code 78642
$/sqft $173/sqft
Days on Market ,
HOA $106/Monthly
Annual Tax Est. $17,305.43
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT217331769
List Date January 23, 2026
Elementary School Santa Rita
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 · January 23, 2026 $800,000
Previous ask $760,000
Current ask $720,000
Reduced $80,000 (-10.0%) 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
120 Chantilly Way
Santa Rita Ranch
$719,990 $208 4 bd / 4 ba 3,465 sqft , 2026-08-27
228 Borrego Bnd
Santa Rita Ranch
$724,900 $240 4 bd / 4 ba 3,018 sqft , 2026-09-05
501 Great Lawn Cv
Santa Rita Ranch Ph 3 Sec 1
$715,000 $208 4 bd / 4 ba 3,437 sqft , 2026-09-03
168 Montecilo Dr
Santa Rita Ranch
$714,891 $185 5 bd / 5 ba 3,865 sqft , 2025-09-10
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
$3,456/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
$144,000
20% conventional investment loan

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

Estimated Gross Rent+$3,456
Principal + Interest−$3,929
Property Tax (~2.1% TX avg)−$1,260
Insurance (~0.5%)−$300
Est. Monthly Cash Flow $-2,033

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 August 21, 2026.

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