About This Home

While the primary suite lives like a private oasis on the main level, two secondary bedrooms and a loft are upstairs. This cozy two-story was designed to make a huge impact. From the vaulted space and modern staircase in the foyer, the layout feels bright, spacious and welcoming. A state-of-the-art kitchen features an oversized island and walk-in pantry. A covered patio makes the backyard a natural extension of your living space.

At $202/sqft, this home is 9% 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

220 High Valley Drive None, Liberty Hill, TX 78642

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Property Details

Price $389,626

Status Active Listing

Beds 3

Full Baths 2

Half Baths 1

Living Area 1,931 sqft

Lot Size 0.12 acres (5,270.76 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Lariat

County Williamson

Zip Code 78642

$/sqft $202/sqft

Days on Market ,

HOA $840/Annually

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT249984802

List Date October 15, 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

208 Table Top Bnd
Lariat Sec 7 $390,000 $194 3 bd / 3 ba 2,010 sqft , 2026-09-16

421 Carr Dr
Lariat $398,290 $183 4 bd / 3 ba 2,180 sqft , 2026-09-17

317 West Faulkner St
Lariat $398,785 $177 4 bd / 3 ba 2,249 sqft , 2026-06-29

510 Outrider Ct
Lariat $399,900 $192 4 bd / 3 ba 2,079 sqft , 2026-06-24

405 Carr Dr
Lariat $376,760 $192 3 bd / 3 ba 1,964 sqft , 2026-11-04

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

$1,870/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

$77,925

20% conventional investment loan

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

Estimated Gross Rent+$1,870

Principal + Interest−$2,126

Property Tax (assumed ~2.1%)−$682

Insurance (assumed ~0.5%)−$162

Est. Monthly Cash Flow $-1,100

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 October 16, 2026.

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

220 High Valley Drive None

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Liberty Hill, TX

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