Active Listing  ·  27 days on market

229 Canyoncrest Way

Liberty Hill, TX 78642
$599,000
4 Bed 3 Bath 3,450 sqft $174/sqft Built 2024 0.15 acres 2-Car Garage Pool Saddleback/Santa Rita Ranch Ph

6% SELLER PAID BUYER INCENTIVES. Enjoy the space, upgrades, and convenience of a thoughtfully customized home in Saddleback at Santa Rita Ranch! With over $100,000 in construction upgrades and more than 800 additional square feet beyond the standard floor plan, 229 Canyoncrest Way offers room to live, work, and entertain with features already in place. From the private study and downstairs guest suite to the spacious upstairs living areas, smart shades, water softener, and epoxy garage flooring, enjoy modern comforts without starting from scratch. The main level features a private study with French doors, a secondary bedroom and full bath, and a pocket office with built-in cabinets and desk area. The open-concept kitchen, dining, and living areas are ideal for everyday living and entertaining, featuring a large center island, extensive cabinetry, generous counter space, and three windows overlooking the backyard. The spacious laundry room and custom mud bench offer added storage and organization. The downstairs primary suite features a builder-upgraded bay window, while the primary bath offers dual vanities, a walk-in shower, and a spacious walk-in closet with built-in shelving. Upstairs, enjoy an expansive loft, dedicated media room, two additional bedrooms, and a full bath, providing flexible space for relaxation, work, and entertaining. Additional features include app-controlled smart shades throughout, a water softener, and epoxy-coated garage flooring. Residents enjoy The Paddock amenity center with a resort-style pool and lap lanes, indoor and outdoor pickleball courts, sport courts, clubhouse, playscape, and gathering spaces. A new elementary school is projected to open in Fall 2027. With its expanded floor plan, extensive upgrades, flexible living spaces, and outstanding community amenities, 229 Canyoncrest Way offers move-in-ready convenience and thoughtful customization without the wait of building from scratch. Schedule your private showing today!

At $174/sqft, this home is 22% 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

229 Canyoncrest Way, Liberty Hill, TX 78642

Property Details

Price $599,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 3,450 sqft
Lot Size 0.15 acres (6,529.64 sqft)
Year Built 2024
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Saddleback/Santa Rita Ranch Ph
County Williamson
Zip Code 78642
$/sqft $174/sqft
Days on Market ,
HOA $116/Monthly
Annual Tax Est. $13,334.33
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249402511
List Date October 16, 2026
Elementary School LouineNoble
Middle School Legacy Ranch
High School Legacy Ranch
School District Liberty Hill ISD

Liberty Hill ISD

LouineNoble · Legacy Ranch · Legacy Ranch

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
613 Castillo Bnd
Regency at Santa Rita Ranch - Meadow Collection
$599,000 $227 3 bd / 3 ba 2,643 sqft , 2026-06-17
229 Medallion St
Saddleback/Santa Rita Ranch Ph
$599,575 $174 4 bd / 4 ba 3,443 sqft , 2026-06-29
116 Texon Dr
Santa Rita Ranch
$600,000 $198 4 bd / 4 ba 3,032 sqft , 2026-07-01
104 Datewood Dr
Santa Rita Ranch
$605,900 $254 4 bd / 4 ba 2,384 sqft , 2026-11-11
201 Medallion St
Saddleback/Santa Rita Ranch Ph
$614,990 $190 4 bd / 4 ba 3,233 sqft , 2026-07-29

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
$2,875/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
$119,800
20% conventional investment loan

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

Estimated Gross Rent+$2,875
Principal + Interest−$3,269
Property Tax (assumed ~2.1%)−$1,048
Insurance (assumed ~0.5%)−$250
Est. Monthly Cash Flow $-1,692

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 October 18, 2026.

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

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