About This Home

This home feels naturally spacious with windows throughout the great room and casual dining, bringing in lots of natural light. The layout is seamless, too. The kitchen is centered in the heart of the home, making it the perfect place to welcome guests or keep an eye on the kids while prepping dinner. A covered patio adds outdoor living space. Plus, the primary suite is at the rear of the home for privacy, while two additional bedrooms share a bath conveniently close to the laundry room.

At $218/sqft, this home is priced in line with the Liberty Hill market average of $222/sqft across 483 active listings. View Austin market report →

Location

216 High Valley Drive None, Liberty Hill, TX 78642

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Property Details

Price $349,908

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,603 sqft

Lot Size 0.12 acres (5,052.96 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Lariat

County Williamson

Zip Code 78642

$/sqft $218/sqft

Days on Market ,

HOA $840/Annually

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT240560247

List Date July 20, 2026

Elementary School LouineNoble

Middle School Liberty Hill (Liberty Hill)

High School Liberty Hill

School District Liberty Hill ISD

School District

Liberty Hill ISD

LouineNoble · Liberty Hill (Liberty Hill) · Liberty Hill

Have Questions About This Property?

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

126 Bauer Loop
Lariat Secs 3 & 4 Amd $350,000 $169 3 bd / 2 ba 2,075 sqft , 2026-09-21

157 Adze Dr
Cascade $350,050 $180 3 bd / 3 ba 1,950 sqft , 2026-09-22

124 Barret Dr
Lariat Sec 6 $335,888 $187 3 bd / 3 ba 1,801 sqft , 2026-03-10

321 Langhorne Bnd
Lariat $365,400 $191 3 bd / 3 ba 1,918 sqft , 2026-09-24

136 Spokeshave Ln
Cascade $333,590 $171 3 bd / 3 ba 1,950 sqft , 2026-07-15

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

$1,680/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

$69,982

20% conventional investment loan

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

Estimated Gross Rent+$1,680

Principal + Interest−$1,910

Property Tax (assumed ~2.1%)−$612

Insurance (assumed ~0.5%)−$146

Est. Monthly Cash Flow $-988

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

About the Author

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 8, 2026.

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

216 High Valley Drive None

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Liberty Hill, TX

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