About This Home

AMAZING opportunity to own this spacious SINGLE FAMILY HOME located in the heart of LIBERTY HILL. SPACIOUS home belongs to the Stonewall Ranch community and features 4 BEDROOMS! NEW KITCHEN COUNTERTOPS & BACKSPLASH! NEW DISHWASHER and STOVE! NEW FLOORING! Fresh interior paint! This home is move in ready. First floor features large tile floors as well as a guest bedroom with full bathroom. Enjoy outdoor living in your GIGANTIC BACK YARD. Tons of space! Easy access to CR 29 as well as H-E-B and the brand new Target! Make your showing appointment today!

At $136/sqft, this home is 39% 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

289 Drystone Trl, Liberty Hill, TX 78642

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Property Details

Price $314,999

Status Active Listing

Beds 4

Full Baths 3

Half Baths ,

Living Area 2,320 sqft

Lot Size ,

Year Built 2006

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Stonewall Ranch

County Williamson

Zip Code 78642

$/sqft $136/sqft

Days on Market ,

HOA $100/Quarterly

Annual Tax Est. $8,849

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT246452479

List Date September 10, 2026

Elementary School Liberty Hill

Middle School Liberty Hill (Liberty Hill)

High School Liberty Hill

School District Liberty Hill ISD

School District

Liberty Hill ISD

Liberty Hill · Liberty Hill (Liberty Hill) · Liberty Hill

Have Questions About This Property?

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 · September 10, 2026 $335,900

Previous ask $324,999

Current ask $314,999

▼ Reduced $20,901 (-6.2%) 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

216 Copperwind Dr
Stonewall Ranch $316,075 $168 3 bd / 3 ba 1,876 sqft , 2026-06-26

515 Unakite Trl
Stonewall Ranch $316,475 $162 4 bd / 3 ba 1,954 sqft , 2026-10-19

410 Unakite Trl
Stonewall Ranch $317,075 $169 3 bd / 3 ba 1,876 sqft , 2026-10-19

205 Capital Hill Vw
Liberty Parke Ph 4 $319,900 $121 5 bd / 3 ba 2,653 sqft , 2026-11-10

506 Unakite Trl
Stonewall Ranch $322,475 $165 4 bd / 3 ba 1,954 sqft , 2026-11-02

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

$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

About the Author

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 25, 2026.

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

289 Drystone Trl

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Liberty Hill, TX

More Luxury Homes in Liberty Hill

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