Active Listing  ·  60 days on market

281 La Dera Dr

Liberty Hill, TX 78642
$315,000
3 Bed 2 Bath 1,610 sqft $196/sqft Built 2019 0.12 acres 2-Car Garage Pool Santa Rita Ranch

Welcome to 281 La Dera Drive—where one of this home’s most memorable features is waiting just beyond the back door. Unlike many similarly priced homes in Santa Rita Ranch, this property offers a custom flagstone patio beneath an extended covered roof, creating a true outdoor living space for morning coffee, family dinners, and year-round entertaining. Custom metal garden trellises add character and charm, while the fully irrigated backyard and absence of neighbors directly behind the property provide a welcome sense of privacy.

Inside, the thoughtfully designed floor plan offers three bedrooms, two full bathrooms, and a versatile flex space that can become a playroom, home office, hobby room, or additional space for hosting family and friends. The open, inviting layout makes everyday living comfortable while allowing everyone to gather with ease.

With its distinctive outdoor upgrades, private backyard setting, functional floor plan, and convenient access in and out of the neighborhood, 281 La Dera Drive stands apart from the rest. Come experience the features—and the feeling—that could make this the place you call home.

At $196/sqft, this home is 12% 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

281 La Dera Dr, Liberty Hill, TX 78642

Property Details

Price $315,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,610 sqft
Lot Size 0.12 acres (5,248.98 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Santa Rita Ranch
County Williamson
Zip Code 78642
$/sqft $196/sqft
Days on Market ,
HOA $116/Monthly
Annual Tax Est. $6,696.95
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246699939
List Date September 13, 2026
Elementary School Santa Rita
Middle School Legacy Ranch
High School Legacy Ranch
School District Liberty Hill ISD

Liberty Hill ISD

Santa Rita · 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
100 Normal School Way
Santa Rita Ranch South Sec 13
$315,000 $215 3 bd / 2 ba 1,465 sqft , 2026-10-07
245 Tequilana Pass
Wildleaf
$309,900 $164 4 bd / 2 ba 1,885 sqft , 2026-07-10
145 Carlina Loop
Santa Rita Ranch South Sec 14
$309,900 $147 3 bd / 3 ba 2,112 sqft , 2026-10-14
120 Cascata Way
Santa Rita Ranch
$300,000 $174 3 bd / 2 ba 1,727 sqft , 2026-10-15
323 Zuma Dr
Santa Rita Ranch South
$299,000 $194 3 bd / 2 ba 1,540 sqft , 2026-08-21

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
$1,512/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
$63,000
20% conventional investment loan

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

Estimated Gross Rent+$1,512
Principal + Interest−$1,719
Property Tax (assumed ~2.1%)−$551
Insurance (assumed ~0.5%)−$131
Est. Monthly Cash Flow $-889

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 27, 2026.

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

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