Active Listing  ·  37 days on market

317 Rear Boot Way

Liberty Hill, TX 78642
$348,330
4 Bed 3 Bath 2,446 sqft $142/sqft Built 2026 0.12 acres 2-Car Garage Pool New Construction Cascade

Welcome home to 317 Rear Boot Way located in the beautiful Cascade community. This two-story new build home is alive with natural light throughout, including an open-concept kitchen, dining, and living room with wood-look vinyl flooring. The heart of the home can be found in the kitchen which features a center island, Blanco Atlantico Granite countertops, bright white cabinets, and sleek black appliances. Beside the kitchen, a cozy dining area offers a bright and inviting space for casual meals and conversation. Retreat to the second-floor recreation room which offers the perfect space for family fun and pursuing hobbies. The primary suite is the perfect way to start and end the day with a walk-in closet, walk-in shower, a semi-private water closet, and a charming natural light window.

Located about 35 miles from downtown Austin and close to 183, Liberty Hill is surrounded by the breathtaking rolling hills of the Texas Hill Country. This vibrant community features a charming historic downtown district with a strong sense of belonging that you’ll love, making it the perfect place to live, grow, and find your new home.

At $142/sqft, this home is 36% 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

317 Rear Boot Way, Liberty Hill, TX 78642

Property Details

Price $348,330
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,446 sqft
Lot Size 0.12 acres (5,052.96 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cascade
County Williamson
Zip Code 78642
$/sqft $142/sqft
Days on Market ,
HOA $55/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT249025666
List Date October 6, 2026
Elementary School LouineNoble
Middle School Liberty Hill (Liberty Hill)
High School Liberty Hill
School District Liberty Hill ISD

Liberty Hill ISD

LouineNoble · 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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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
216 High Valley Drive None
Lariat
$349,908 $218 3 bd / 2 ba 1,603 sqft , 2026-07-20
126 Bauer Loop
Lariat Secs 3 & 4 Amd
$350,000 $169 3 bd / 2 ba 2,075 sqft , 2026-09-21
157 Adze Dr
Cascade
$350,050 $180 3 bd / 3 ba 1,950 sqft , 2026-09-22
131 Table Top Bend None
Lariat
$339,990 $157 3 bd / 3 ba 2,172 sqft , 2026-10-12
200 Clover Bnd
Lariat
$357,732 $157 4 bd / 4 ba 2,281 sqft , 2026-08-31

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
$1,672/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
$69,666
20% conventional investment loan

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

Estimated Gross Rent+$1,672
Principal + Interest−$1,901
Property Tax (assumed ~2.1%)−$610
Insurance (assumed ~0.5%)−$145
Est. Monthly Cash Flow $-984

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 October 10, 2026.

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

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