Active Listing  ·  56 days on market

421 Carr Dr

Liberty Hill, TX 78642
$398,290
4 Bed 3 Bath 2,180 sqft $183/sqft Built 2026 0.12 acres 2-Car Garage Pool New Construction Lariat
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About This Home

NEW CONSTRUCTION BY ASHTON WOODS! Available December 2026! BRAND NEW ASHTON WOODS HOME! The BLUE JAY floorplan features a wonderful layout. You'll love the bright spaces with abundant natural light. Large kitchen with an island opens to a comfortable family room. An Ashton Woods designer hand selected the finishes and upgrades, including Earthy tone Cabinets, Gold Fixtures, luxury vinyl plank flooring in the entry, family room, kitchen and dining area, along with built-in stainless steel appliances. Enjoy Texas evenings on a Balcony or Front porch of this home in a cul-de-sac across from a pocket park. Don't miss the opportunity to call Lariat home!

At $183/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

421 Carr Dr, Liberty Hill, TX 78642

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Property Details

Price $398,290
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,180 sqft
Lot Size 0.12 acres (5,227.2 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lariat
County Williamson
Zip Code 78642
$/sqft $183/sqft
Days on Market ,
HOA $70/Monthly
Annual Tax Est. $2,329
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT247094518
List Date September 17, 2026
Elementary School LouineNoble
Middle School Liberty Hill (Liberty Hill)
High School Liberty Hill
School District Liberty Hill ISD

School District

Liberty Hill ISD

LouineNoble · Liberty Hill (Liberty Hill) · 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 · September 17, 2026 $417,490
Current ask $398,290
▼ Reduced $19,200 (-4.6%) 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
317 West Faulkner St
Lariat $398,785 $177 4 bd / 3 ba 2,249 sqft , 2026-06-29
510 Outrider Ct
Lariat $399,900 $192 4 bd / 3 ba 2,079 sqft , 2026-06-24
148 Adze Dr
Cascade $391,200 $151 5 bd / 4 ba 2,595 sqft , 2026-06-29
208 Table Top Bnd
Lariat Sec 7 $390,000 $194 3 bd / 3 ba 2,010 sqft , 2026-09-16
321 Lariat Loop
Lariat Sec 7 $389,999 $137 4 bd / 3 ba 2,857 sqft , 2026-05-28

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
$1,912/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
$79,658
20% conventional investment loan

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

Estimated Gross Rent+$1,912
Principal + Interest−$2,174
Property Tax (assumed ~2.1%)−$697
Insurance (assumed ~0.5%)−$166
Est. Monthly Cash Flow $-1,125

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 September 23, 2026.

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

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