Active Listing  ·  106 days on market

316 Valletta Way

Liberty Hill, TX 78642
$899,900
5 Bed 6 Bath 4,048 sqft $222/sqft Built 2023 0.25 acres 3-Car Garage Pool Santa Rita Ranch Ph 4 Sec 2

Welcome to one of Santa Rita Ranch's most thoughtfully designed homes, a Toll Brothers Petri Hill Country plan that is no longer available in this community with the fifth bedroom configuration. If you have been waiting for the right home in one of Liberty Hill's most sought-after master-planned communities, this is it.

From the covered front porch entry to the greenbelt views out back, every detail of this five-bedroom, six-bath home has been finished with care. The kitchen is a true showstopper, featuring shaker cabinets, a custom range hood, elegant backsplash, JennAir appliances, a large island perfect for gathering, a walk-in pantry, and a secondary prep workspace that serious cooks will love. The great room features a cozy fireplace and soaring ceilings that fill the space with light, flowing naturally to the covered patio where peaceful green space views and no rear neighbors create the perfect backdrop for everyday living.

The main floor is designed for real life, offering two bedrooms, a private office, and a dedicated media room with easy access to the butler's pantry for effortless entertaining. The second downstairs bedroom features a full bath and walk-in closet, making it ideal for guests or multi-generational living. The primary suite is a true retreat with a tray ceiling, dual vanity, soaking tub, tiled walk-in shower, and a large walk-in closet.

Upstairs you will find a second living area perfect for a game room or playroom, along with three additional bedrooms, each with its own full bath and walk-in closet. Additional highlights include plantation shutters, extra ceiling fans throughout, a laundry room with cabinets and sink, and an epoxied three-car garage.

Santa Rita Ranch brings resort-style pools, fitness facilities, parks, and trails right to your doorstep. Homes at this level of finish, on a greenbelt lot, in this community simply do not come along often.

At $222/sqft, this home is priced in line with the Liberty Hill market average of $222/sqft across 495 active listings. View Austin market report →

Location

316 Valletta Way, Liberty Hill, TX 78642

Property Details

Price $899,900
Status Active Listing
Beds 5
Full Baths 5
Half Baths 1
Living Area 4,048 sqft
Lot Size 0.25 acres (10,890 sqft)
Year Built 2023
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Santa Rita Ranch Ph 4 Sec 2
County Williamson
Zip Code 78642
$/sqft $222/sqft
Days on Market ,
HOA $116/Monthly
Annual Tax Est. $19,591.71
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238615076
List Date July 9, 2026
Elementary School Santa Rita
Middle School Santa Rita Middle
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.

Schedule a Call →

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 9, 2026 $939,900
Current ask $899,900
▼ Reduced $40,000 (-4.3%) 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
256 Jates Field Bnd
Santa Rita Ranch
$874,547 $241 4 bd / 5 ba 3,629 sqft , 2026-04-17
224 Kiser Rd
Toll Brothers at Santa Rita Ranch
$949,000 $208 4 bd / 5 ba 4,556 sqft , 2026-06-05
107 Pima Ct
Toll Brothers at Santa Rita Ranch
$849,000 $217 4 bd / 5 ba 3,910 sqft , 2026-10-02
539 Great Lawn Bnd
Santa Rita Ranch North
$840,000 $243 4 bd / 5 ba 3,453 sqft , 2026-10-07
100 Irvine Pass
Santa Rita Ranch
$818,990 $199 6 bd / 5 ba 4,108 sqft , 2026-06-23

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
$4,320/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
$179,980
20% conventional investment loan

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

Estimated Gross Rent+$4,320
Principal + Interest−$4,911
Property Tax (~2.1% TX avg)−$1,575
Insurance (~0.5%)−$375
Est. Monthly Cash Flow $-2,541

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 October 11, 2026.

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