Active Listing  ·  318 days on market

242 Freeman Loop Freeman Loop None

Liberty Hill, TX 78642
$435,000
3 Bed 3 Bath 2,442 sqft $178/sqft Built 2019 0.12 acres 2-Car Garage Pool Santa Rita Ranch

Welcome to 242 Freeman Loop. Enjoy the advantage of no front neighbors and peaceful lake views right outside your front door. This beautifully designed home features spacious bedrooms with large walk-in closets, a dedicated home office with tall double french doors, a private main-level primary suite, soaring 19-foot ceilings, and a spacious and open-concept layout.

This home has tons of upgrades. The gourmet kitchen showcases premium built-in appliances, a rock-accented island, wood beam detailing, a large walk-in pantry, designer lighting fixtures throughout, and under-cabinet illumination. Beautiful staircase with no carpet, just wood floors leads to a second-floor where your greeted with a spacious second living area that offers the perfect opportunity to relax or entertain.

Resort-style amenities include three pools, splash pads, a fitness center, pickleball courts, a dog park, scenic trails, parks, and fishing ponds. Conveniently located near top-rated schools, shopping, dining, and major roadways.

This home is easy to show. Schedule your private tour today.

At $178/sqft, this home is 19% below the Liberty Hill active market average of $221/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

242 Freeman Loop Freeman Loop None, Liberty Hill, TX 78642

Property Details

Price $435,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,442 sqft
Lot Size 0.12 acres (5,357.88 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Santa Rita Ranch
County Williamson
Zip Code 78642
$/sqft $178/sqft
Days on Market ,
HOA $102/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT211436986
List Date November 9, 2025
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.

Schedule a Call →

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 · November 9, 2025 $499,000
Previous ask $445,000
Current ask $435,000
Reduced $64,000 (-12.8%) 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
821 FAITH Dr
Santa Rita Ranch Ph 1 Sec 9
$433,000 $193 3 bd / 2 ba 2,248 sqft , 2026-05-15
212 Estima Ct
Santa Rita Ranch Ph 1 Sec 2B
$438,000 $198 4 bd / 3 ba 2,212 sqft , 2026-07-09
113 Dycus Bnd
Santa Rita Ranch Ph 3 Sec 2
$439,900 $185 4 bd / 3 ba 2,380 sqft , 2026-04-23
789 Faith Dr
Santa Rita Ranch
$439,900 $205 3 bd / 3 ba 2,150 sqft , 2026-09-19
500 Inspiration Dr
Santa Rita Ranch Ph 1 Sec 2A
$428,900 $187 4 bd / 3 ba 2,290 sqft , 2026-05-30

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
$2,088/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
$87,000
20% conventional investment loan

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

Estimated Gross Rent+$2,088
Principal + Interest−$2,374
Property Tax (~2.1% TX avg)−$761
Insurance (~0.5%)−$181
Est. Monthly Cash Flow $-1,228

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 →