Active Listing  ·  10 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 Dr, a beautifully inviting home in the sought-after Santa Rita Ranch community! Thoughtfully designed for comfortable everyday living, this home offers 3 bedrooms, 2 full bathrooms, and a versatile flex space that can easily be tailored to fit your lifestyle—whether you want a playroom, hobby space, or want the extra room for hosting!

The open and welcoming layout creates an ideal setting for both relaxing and entertaining. Step outside to enjoy the extended covered back patio, perfect for morning coffee, outdoor dining, or gathering with friends and family. With no neighbors directly behind the home, the backyard offers an added sense of privacy and a peaceful space to enjoy year-round (fully equipped with irrigation)!

With its functional floor plan, flexible living space, private backyard setting - and ease of getting out of the neighborhood, this home offers the perfect opportunity to enjoy all that Santa Rita Ranch has to offer. Come see why 281 La Dera Dr could be the place you call home!

At $196/sqft, this home is 11% 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

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 ,

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 →

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
284 Zuma Dr
Santa Rita Ranch South Sec 17
$315,000 $205 3 bd / 2 ba 1,540 sqft , 2026-09-03
453 Agave Azul Way
WILDLEAF
$325,995 $187 4 bd / 3 ba 1,746 sqft , 2026-08-26
153 Carlina Loop
Santa Rita Ranch
$329,900 $199 4 bd / 2 ba 1,661 sqft , 2026-05-01
109 Filifera Ct
WILDLEAF
$299,900 $207 3 bd / 2 ba 1,449 sqft , 2026-07-08
100 Centuryplant Rd
WILDLEAF
$299,000 $171 4 bd / 2 ba 1,746 sqft , 2026-06-24

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 (20% down · 7.25% rate)

Estimated Gross Rent+$1,512
Principal + Interest−$1,719
Property Tax (~2.1% TX avg)−$551
Insurance (~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 · 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 14, 2026.

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