Active Listing  ·  87 days on market

312 West Faulkner St

Liberty Hill, TX 78642
$429,715
3 Bed 3 Bath 2,367 sqft $182/sqft Built 2026 0.15 acres 2-Car Garage Pool Lariat

New Construction | 2 Story | 2,367 Sq Ft | 3 Bed | 2.5 Bath | Study | Game Room | Available Winter 2026/Early 2027 |

The Warner is a thoughtfully designed two-story home offering 2,367 square feet of versatile living space with 3 bedrooms, 2.5 baths, a private study, game room, and 2-car garage. The open-concept layout creates a seamless flow between the kitchen, dining area, and family room. The first-floor primary suite is a private retreat featuring tray ceilings and French doors leading to your spacious ensuite bathroom. This primary bathroom includes dual vanities separated by a window seat, a walk-in shower, and two walk-in closets. One of the closets provides direct access to the utility room, adding everyday convenience. This utility room also leads right back out to a hallway to the family room. A private study with French doors is located at the front of the home, while a powder bath is conveniently positioned near the garage entry. Upstairs, two bedrooms, each with their own walk-in closets, share a nearby bathroom. A spacious game room offers flexible space for entertainment, hobbies, or family gatherings.

At $182/sqft, this home is 18% 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

312 West Faulkner St, Liberty Hill, TX 78642

Property Details

Price $429,715
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,367 sqft
Lot Size 0.15 acres (6,599.34 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lariat
County Williamson
Zip Code 78642
$/sqft $182/sqft
Days on Market ,
HOA $210/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243761217
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 $449,715
Previous ask $439,715
Current ask $429,715
▼ Reduced $20,000 (-4.4%) 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
205 Hat Creek Dr
Lariat
$424,025 $181 4 bd / 4 ba 2,340 sqft , 2026-09-29
213 West Faulkner St
Lariat
$419,671 $178 4 bd / 4 ba 2,358 sqft , 2026-08-17
152 Round Up Dr
Drakes Crossing
$415,000 $242 3 bd / 2 ba 1,712 sqft , 2026-04-06
125 Green Brush Dr
Lariat
$409,900 $215 3 bd / 3 ba 1,910 sqft , 2026-08-29
113 McDougall Pass None
Lariat
$449,795 $207 3 bd / 3 ba 2,170 sqft , 2026-05-21

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
$2,063/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
$85,943
20% conventional investment loan

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

Estimated Gross Rent+$2,063
Principal + Interest−$2,345
Property Tax (assumed ~2.1%)−$752
Insurance (assumed ~0.5%)−$179
Est. Monthly Cash Flow $-1,213

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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