Active Listing  ·  55 days on market

313 Drystone Trl

Liberty Hill, TX 78642
$299,000
3 Bed 2 Bath 1,397 sqft $214/sqft Built 2006 0.17 acres 2-Car Garage Pool Stonewall Ranch Sec 02

Discover this charming single-story home featuring 3 bedrooms and 2 full bathrooms, thoughtfully designed for comfortable living. The open-concept floor plan creates a natural flow between the living room, dining area, and kitchen, making it ideal for both everyday life and entertaining. Large windows fill the home with natural light, enhancing the bright and welcoming interior. The kitchen overlooks the main living space, offering both functionality and connection. The spacious primary suite provides a private retreat, while the secondary bedrooms offer versatility for family, guests, or a home office. An attached 2-car garage provides added convenience and storage. Outside, the fully fenced backyard offers plenty of room to relax, entertain, or enjoy outdoor activities. Combining modern comfort, functional design, and inviting living spaces, this home is ready to welcome its next owner.

At $214/sqft, this home is 3% 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

313 Drystone Trl, Liberty Hill, TX 78642

Property Details

Price $299,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,397 sqft
Lot Size 0.17 acres (7,461.83 sqft)
Year Built 2006
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Stonewall Ranch Sec 02
County Williamson
Zip Code 78642
$/sqft $214/sqft
Days on Market ,
HOA $100/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241607542
List Date July 30, 2026
Elementary School Liberty Hill
Middle School Liberty Hill (Liberty Hill)
High School Liberty Hill
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.

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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 · July 30, 2026 $303,000
Current ask $299,000
Reduced $4,000 (-1.3%) 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
148 Presidential Path
Liberty Parke Sub Ph Ii
$299,900 $209 3 bd / 2 ba 1,434 sqft , 2026-03-13
321 Freedom Park Ave
I212317D - LIBERTY PARKE
$299,999 $192 3 bd / 2 ba 1,566 sqft , 2026-03-09
206 Star Spangled Dr
Liberty Parke
$298,000 $162 4 bd / 2 ba 1,835 sqft , 2026-06-29
624 Independence Ave
Liberty Parke Sub Ph Ii
$290,000 $171 4 bd / 2 ba 1,695 sqft , 2026-07-16
100 Quarry Ln
Stonewall Ranch Sec 02
$290,000 $193 3 bd / 2 ba 1,504 sqft , 2026-09-10

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
$1,435/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
$59,800
20% conventional investment loan

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

Estimated Gross Rent+$1,435
Principal + Interest−$1,632
Property Tax (~2.1% TX avg)−$523
Insurance (~0.5%)−$125
Est. Monthly Cash Flow $-845

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 13, 2026.

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