Active Listing  ·  27 days on market

240 Canyoncrest Way

Liberty Hill, TX 78642
$515,000
4 Bed 3 Bath 3,336 sqft $154/sqft Built 2024 0.15 acres 2-Car Garage Pool Saddleback/Santa Rita Ranch Ph

Welcome to this stunning Pulte built home in the desirable Saddleback section of Santa Rita Ranch! Offering spacious living, modern upgrades, and a thoughtfully designed floor plan, this home is perfect for entertaining and everyday comfort. Home highlights include: Spacious open-concept living and dining areas. Gorgeous kitchen with quartz countertops, oversized island, gas cooktop and double ovens. Primary suite and additional bedroom on the main floor. Dedicated home office with french doors. Separate media room for movie nights. Motorized window blinds includes throughout. Covered back patio and fenced yard. Two car garage. Samsung refrigerator, washer and dryer included. Enjoy the incredible Santa Rita Ranch lifestyle with 3 resort pools, fitness center, walking trails, parks, and community activities. Conveniently located near shopping, dinning and major roadways, and zoned to Liberty Hill ISD. Spacious, stylish and move in ready! Tenants lease is up 12/31/2026.

At $154/sqft, this home is 31% 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

240 Canyoncrest Way, Liberty Hill, TX 78642

Property Details

Price $515,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 3,336 sqft
Lot Size 0.15 acres (6,525.29 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 $154/sqft
Days on Market ,
HOA $116/Monthly
Annual Tax Est. $13,603.13
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT250062516
List Date October 16, 2026
Elementary School Santa Rita
Middle School Santa Rita Middle
High School Legacy Ranch
School District Liberty Hill ISD

Liberty Hill ISD

Santa Rita · Santa Rita Middle · 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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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 · October 16, 2026 $519,900
Current ask $515,000
▼ Reduced $4,900 (-0.9%) 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
108 Morningdale Dr
Santa Rita Ranch at Homestead
$523,123 $218 4 bd / 3 ba 2,405 sqft , 2026-10-02
120 Berean Ln
Santa Rita Ranch Ph 3 Sec 2
$524,900 $207 4 bd / 3 ba 2,541 sqft , 2026-07-07
316 Archway Ln
Santa Rita Ranch at Saddleback
$502,844 $183 5 bd / 4 ba 2,745 sqft , 2026-11-11
309 Archway Ln
Santa Rita Ranch at Saddleback
$497,500 $181 5 bd / 4 ba 2,745 sqft , 2026-08-03
323 Archway Ln
Santa Rita Ranch at Saddleback
$494,900 $225 4 bd / 2 ba 2,197 sqft , 2026-10-02

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
$2,472/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
$103,000
20% conventional investment loan

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

Estimated Gross Rent+$2,472
Principal + Interest−$2,811
Property Tax (assumed ~2.1%)−$901
Insurance (assumed ~0.5%)−$215
Est. Monthly Cash Flow $-1,455

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 29, 2026.

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

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