Active Listing  ·  35 days on market

305 Palatino Bnd

Liberty Hill, TX 78642
$655,000
4 Bed 3 Bath 3,496 sqft $187/sqft Built 2023 0.24 acres 2-Car Garage Pool Santa Rita Ranch Ph 4 Sec 2

Luxury Living in Master Planned Santa Rita Ranch. Welcome to this exquisite 2023 Coventry built two story residence offering nearly 3,500 square feet of open concept design and upscale finishes. Featuring 4 spacious bedrooms, 3 full bathrooms, tile and wood look flooring throughout main areas, and a gourmet kitchen seamlessly flowing into expansive dining and living spaces. It is Coventry's popular Zavalla plan on an oversized lot. Master plus secondary bedroom and study on main floor. Media room, game room, mega covered patio, built in appliances, 8 ft. doors, freestanding tub, water softener are on this beautiful home. Many upgrades. Enjoy energy efficient construction and a private backyard on a quarter-acre lot. Located within award winning Santa Rita Ranch with access to resort style pools, water slides, miles of trails, and top rated Liberty Hill ISD schools.

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Lower your rate and reduce your upfront costs! Take advantage of a Lender Paid Rate Buydown and closing cost credits for qualified buyers using our preferred lender.

At $187/sqft, this home is 16% 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

305 Palatino Bnd, Liberty Hill, TX 78642

Property Details

Price $655,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 3,496 sqft
Lot Size 0.24 acres (10,615.57 sqft)
Year Built 2023
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Santa Rita Ranch Ph 4 Sec 2
County Williamson
Zip Code 78642
$/sqft $187/sqft
Days on Market ,
HOA $116/Monthly
Annual Tax Est. $17,164.48
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248974038
List Date October 8, 2026
Elementary School Tierra Rosa
Middle School Santa Rita Middle
High School Legacy Ranch
School District Liberty Hill ISD

Liberty Hill ISD

Tierra Rosa · 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 8, 2026 $660,000
Current ask $655,000
▼ Reduced $5,000 (-0.8%) 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
228 Borrego Bnd
Santa Rita Ranch
$649,900 $215 4 bd / 4 ba 3,018 sqft , 2026-09-05
337 Easthaven Bnd
Santa Rita Ranch
$649,337 $230 4 bd / 5 ba 2,819 sqft , 2026-05-18
531 Great Lawn Bnd
Santa Rita Ranch Ph 3 Sec 3
$645,000 $171 5 bd / 5 ba 3,765 sqft , 2026-06-26
228 Poole Ln
Santa Rita Ranch Ph 3 Sec 2
$670,000 $194 4 bd / 4 ba 3,455 sqft , 2026-07-15
108 Ribera Dr
Santa Rita Ranch
$674,108 $194 5 bd / 6 ba 3,472 sqft , 2025-12-04

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
$3,144/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
$131,000
20% conventional investment loan

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

Estimated Gross Rent+$3,144
Principal + Interest−$3,575
Property Tax (assumed ~2.1%)−$1,146
Insurance (assumed ~0.5%)−$273
Est. Monthly Cash Flow $-1,850

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 November 6, 2026.

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

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