Active Listing  ·  23 days on market

232 Flora Springs Cv

Liberty Hill, TX 78642
$519,900
4 Bed 3 Bath 2,412 sqft $216/sqft Built 2024 0.14 acres 2-Car Garage Pool Santa Rita Ranch Ph 1 Sec 7

Welcome to 232 Flora Springs Cove — the largest and most luxurious townhome in Santa Rita Ranch’s exclusive Augustine collection. This brand-new 2025 Sitterle Terlingua (4 bed / 3 bath / 2,412 sq ft) sits on a rare 0.29-acre cul-de-sac lot with stunning bluff views and partial Augustine Lake views. Moved into late January 2026, it is essentially new construction with designer and luxury finishes in every room, including custom wallpaper, newly installed metal and real-wood plantation shutters, volume ceilings, oversized windows, and hardwood floors. The primary bath features dual vanities with framed mirrors and a luxurious mudset shower tiled to the ceiling. Upstairs, a spacious game room is ready for entertainment. The garage is fully upgraded with an EV charger, epoxy flooring, and overhead storage racks. A whole-home water softener is installed. A fenced yard includes an installed dog door; the covered back patio has a massive overhead fan plus a propane stub for instant grill connection. Santa Rita Ranch is Austin’s award-winning master-planned community — named “Best of the Best Amenities” by the Austin American-Statesman and home to $80M+ in recreation. Residents enjoy multiple resort pools and water parks (Ranch House with the Big & Lil’ Dip 18-ft waterslides and splash zone; Ranch Camp’s two resort pools, kiddie pool, and Happy’s Splash Park; The Paddock and The Hub), Happyland and The Green Play Parks with playgrounds, ziplines, basketball, volleyball, and splash zones, the 24-hour Wellness Barn fitness center, indoor/outdoor pickleball, miles of trails, fishing lakes, dog parks, clubhouses, and year-round events. Low-maintenance HOA lawn care included. This is lock-and-leave luxury living at its finest — the standout home on Flora Springs Cove. Fully furnished purchase is available; please inquire about the fully furnished option. Community is "lock and leave". HOA covers exterior insurance of the home, as well as all lawn maintenance.

At $216/sqft, this home is priced in line with the Liberty Hill market average of $221/sqft across 489 active listings. View Austin market report →

Location

232 Flora Springs Cv, Liberty Hill, TX 78642

Property Details

Price $519,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,412 sqft
Lot Size 0.14 acres (5,915.45 sqft)
Year Built 2024
Garage 2 spaces
Stories ,
Type Residential · Townhouse
Subdivision Santa Rita Ranch Ph 1 Sec 7
County Williamson
Zip Code 78642
$/sqft $216/sqft
Days on Market ,
HOA $289/Monthly
Annual Tax Est. $9,745.56
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245237161
List Date August 31, 2026
Elementary School San Gabriel
Middle School Douglas Benold
High School East View
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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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 · August 31, 2026 $549,900
Previous ask $533,399
Current ask $519,900
Reduced $30,000 (-5.5%) 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
412 Amista Dr
Santa Rita Ranch
$524,990 $253 4 bd / 3 ba 2,079 sqft , 2026-03-02
112 Ray Ct
Santa Rita Ranch Ph 1 Sec 22
$525,000 $224 4 bd / 3 ba 2,348 sqft , 2026-09-11
120 Berean Ln
Santa Rita Ranch Ph 3 Sec 2
$529,900 $209 4 bd / 3 ba 2,541 sqft , 2026-07-07
109 Seedling Ct
Santa Rita Ranch
$530,000 $196 4 bd / 3 ba 2,706 sqft , 2026-04-08
205 Singing Dove Way
Santa Rita Ranch at Homestead
$531,900 $183 4 bd / 4 ba 2,900 sqft , 2026-02-09

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
$2,496/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
$103,980
20% conventional investment loan

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

Estimated Gross Rent+$2,496
Principal + Interest−$2,837
Property Tax (~2.1% TX avg)−$910
Insurance (~0.5%)−$217
Est. Monthly Cash Flow $-1,468

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 23, 2026.

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