Active Listing  ·  18 days on market

228 Borrego Bnd

Liberty Hill, TX 78642
$724,900
4 Bed 4 Bath 3,018 sqft $240/sqft Built 2027 0.16 acres 2-Car Garage Pool Santa Rita Ranch

Front porch opens into a two-story entryway with a grand staircase. French doors enclose the private home office. The utility room is conveniently located off the main hallway. The family room boasts extended ceilings and a wall of windows. The kitchen hosts a 5-burner gas cooktop, an island with seating space, and a walk-in pantry. The dining area is embraced by a corner wall of windows and allows entrance into the extended covered backyard patio. The primary bedroom boasts three large windows. French doors open into the primary bathroom which hosts dual vanities, a freestanding tub, glass-enclosed shower, and one walk-in closet. Upstairs you are welcomed by a game room, a theatre room, two secondary bedrooms, and a full bath with a dual vanity. Completing the home is a guest suite tucked beyond the mud room which features a full bathroom. Landscaping features a 6-zoned sprinkler system. Two-car garage.

At $240/sqft, this home is priced 9% 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

228 Borrego Bnd, Liberty Hill, TX 78642

Property Details

Price $724,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,018 sqft
Lot Size 0.16 acres (7,148.2 sqft)
Year Built 2027
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Santa Rita Ranch
County Williamson
Zip Code 78642
$/sqft $240/sqft
Days on Market ,
HOA $116/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245952231
List Date September 5, 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.

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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
120 Chantilly Way
Santa Rita Ranch
$719,990 $208 4 bd / 4 ba 3,465 sqft , 2026-08-27
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
121 La Caleta Bnd
Santa Rita Ranch
$738,990 $257 4 bd / 4 ba 2,872 sqft , 2026-05-13
511 Tricia Ct
Santa Rita Ranch
$744,990 $212 4 bd / 6 ba 3,521 sqft , 2026-02-28

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
$3,480/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
$144,980
20% conventional investment loan

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

Estimated Gross Rent+$3,480
Principal + Interest−$3,956
Property Tax (~2.1% TX avg)−$1,269
Insurance (~0.5%)−$302
Est. Monthly Cash Flow $-2,047

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 6, 2026.

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