Active Listing  ·  258 days on market

217 Luttrell Ln

Liberty Hill, TX 78642
$573,990
4 Bed 4 Bath 2,901 sqft $198/sqft Built 2026 0.19 acres 2-Car Garage Pool New Construction Lariat

Discover this stunning new two-story home by award-winning Highland Homes, perfectly situated in the beautiful Lariat community. Backing to mature trees, the property offers a rare blend of modern design and natural privacy. Step inside to soaring two-story ceilings in both the family room and dining room, creating an impressive sense of openness and light. The downstairs common areas feature laminated wood flooring, adding warmth and durability to the home’s contemporary aesthetic. The gourmet kitchen showcases modern cabinetry, quartz countertops, and stainless steel appliances, delivering both style and functionality. The extended primary suite includes a charming box window and a spa-inspired bath with a free-standing tub and glass-enclosed shower. Upstairs, a spacious game room overlooks the family room, enhancing the home’s architectural appeal. Outside, enjoy a large exterior outdoor living space perfect for entertaining or unwinding. This thoughtfully designed home combines energy efficiency, modern finishes, and Highland Homes’ renowned craftsmanship—ready for move-in and ready to impress. You'll love coming home to Lariat!

At $198/sqft, this home is 11% 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

217 Luttrell Ln, Liberty Hill, TX 78642

Property Details

Price $573,990
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,901 sqft
Lot Size 0.19 acres (8,407.08 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lariat
County Williamson
Zip Code 78642
$/sqft $198/sqft
Days on Market ,
HOA $840/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT220790028
List Date February 27, 2026
Elementary School LouineNoble
Middle School Liberty Hill (Liberty Hill)
High School Liberty Hill
School District Liberty Hill ISD

Liberty Hill ISD

LouineNoble · 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 · February 27, 2026 $594,138
Previous ask $574,990
Current ask $573,990
▼ Reduced $20,148 (-3.4%) 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
106 Bauer Loop
Lariat
$574,900 $232 4 bd / 3 ba 2,476 sqft , 2026-11-02
114 Bauer Loop
Lariat
$574,900 $216 4 bd / 4 ba 2,662 sqft , 2026-11-04
118 Bauer Loop
Lariat
$574,900 $239 4 bd / 3 ba 2,410 sqft , 2026-11-09
305 Gary Wayne Dr
Lariat
$569,990 $175 5 bd / 4 ba 3,251 sqft , 2026-10-02
317 McMillian Drive None
Lariat
$569,791 $184 4 bd / 4 ba 3,092 sqft , 2026-07-21

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
$2,755/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
$114,798
20% conventional investment loan

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

Estimated Gross Rent+$2,755
Principal + Interest−$3,132
Property Tax (assumed ~2.1%)−$1,004
Insurance (assumed ~0.5%)−$239
Est. Monthly Cash Flow $-1,620

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 3, 2026.

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

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