About This Home

Perry Homes New Construction offers Express Limited Warranty which includes a two-year workmanship warranty and a ten-year structural warranty.

At $233/sqft, this home is priced 5% above the Liberty Hill active market average of $222/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

408 Borrego Bnd, Liberty Hill, TX 78642

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Property Details

Price $699,900

Status Active Listing

Beds 4

Full Baths 3

Half Baths 1

Living Area 2,999 sqft

Lot Size 0.17 acres (7,405.2 sqft)

Year Built 2026

Garage 3 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Santa Rita Ranch

County Williamson

Zip Code 78642

$/sqft $233/sqft

Days on Market ,

HOA $116/Monthly

Annual Tax Est. $2,448.31

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT250998332

List Date October 27, 2026

Elementary School Santa Rita

Middle School Santa Rita Middle

High School Liberty Hill

School District Liberty Hill ISD

School District

Liberty Hill ISD

Santa Rita · Santa Rita Middle · Liberty Hill

Have Questions About This Property?

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 · October 27, 2026 $734,900

Current ask $699,900

▼ Reduced $35,000 (-4.8%) 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

120 Chantilly Way
Santa Rita Ranch $699,990 $202 4 bd / 4 ba 3,465 sqft , 2026-08-27

121 La Caleta Bnd
Santa Rita Ranch $698,990 $243 4 bd / 4 ba 2,872 sqft , 2026-05-13

200 Borrego Bnd
Santa Rita Ranch $689,200 $204 4 bd / 5 ba 3,371 sqft , 2026-02-27

511 Tricia Ct
Santa Rita Ranch $714,511 $203 4 bd / 6 ba 3,521 sqft , 2026-02-28

129 Las Posas Dr
Santa Rita Ranch $724,129 $206 4 bd / 6 ba 3,521 sqft , 2026-02-27

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

$3,360/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

$139,980

20% conventional investment loan

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

Estimated Gross Rent+$3,360

Principal + Interest−$3,820

Property Tax (assumed ~2.1%)−$1,225

Insurance (assumed ~0.5%)−$292

Est. Monthly Cash Flow $-1,977

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

About the Author

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 5, 2026.

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

408 Borrego Bnd

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Liberty Hill, TX

More Luxury Homes in Liberty Hill

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