Active Listing  ·  87 days on market

309 West Faulkner St

Liberty Hill, TX 78642
$449,841
4 Bed 3 Bath 2,529 sqft $178/sqft Built 2026 0.14 acres 2-Car Garage Pool Lariat

New Construction | 2 Story | 4 Bed | 3 Bath | Game Room | Flex Space | Available Winter 2026/Early 2027 |

The thoughtfully designed Dayton plan greets guests with a covered porch and continues to impress with a spacious family room, dining area, and expansive kitchen featuring a large island and walk-in pantry. Located at the back of the home, the private primary suite showcases vaulted ceilings and an ensuite bath with dual vanities, a walk-in shower, and a generous walk-in closet. The main floor also includes a versatile flex space near the stairwell, a secondary bedroom, a full bath, a conveniently located utility room, and a covered vaulted patio. Upstairs, you'll find a spacious game room, two additional bedrooms, and another full bathroom.

At $178/sqft, this home is 20% 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

309 West Faulkner St, Liberty Hill, TX 78642

Property Details

Price $449,841
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,529 sqft
Lot Size 0.14 acres (6,242.15 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lariat
County Williamson
Zip Code 78642
$/sqft $178/sqft
Days on Market ,
HOA $210/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243765091
List Date August 17, 2026
Elementary School Liberty Hill
Middle School Liberty Hill (Liberty Hill)
High School Liberty Hill
School District Liberty Hill ISD

Liberty Hill ISD

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

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 · August 17, 2026 $464,270
Previous ask $455,270
Current ask $449,841
▼ Reduced $14,429 (-3.1%) 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
113 McDougall Pass None
Lariat
$449,795 $207 3 bd / 3 ba 2,170 sqft , 2026-05-21
100 Danielson St
Lariat
$455,000 $190 4 bd / 4 ba 2,392 sqft , 2026-10-22
204 Clover Bnd
Lariat
$442,345 $181 5 bd / 3 ba 2,450 sqft , 2026-09-10
201 West Faulkner St
Lariat
$464,990 $160 4 bd / 3 ba 2,901 sqft , 2026-10-19
312 West Faulkner St
Lariat
$429,715 $182 3 bd / 3 ba 2,367 sqft , 2026-08-17

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
$2,159/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
$89,968
20% conventional investment loan

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

Estimated Gross Rent+$2,159
Principal + Interest−$2,455
Property Tax (assumed ~2.1%)−$787
Insurance (assumed ~0.5%)−$187
Est. Monthly Cash Flow $-1,270

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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