Active Listing  ·  119 days on market

432 Olinda Way

Liberty Hill, TX 78642
$649,825
5 Bed 5 Bath 3,797 sqft $171/sqft Built 2026 0.19 acres 2-Car Garage Pool New Construction Saddleback/Santa Rita Ranch Ph

**5.49% Interest Rate Promotion on this Home – Must Contract by November 30th! Call GFO Home for Details. Live in Amazing Saddleback at Santa Rita Ranch! Welcome to GFO Home’s highly sought after Harrison Floor Plan. This opulent new construction Two-Story home features the ideal floor plan for perfect living boasting 3,797 SF with 5 Bedrooms, 4.5 Bathrooms, a Private Study, Upstairs Game Room & Upstairs Media Room for maximum living. The first floor includes tall 8-foot doors throughout, the Private Study or Flex Room, a Guest Bedroom Suite with full ensuite Bathroom, the Primary Bedrooms Suite and an Open Concept Family Room with soaring 2-story Vaulted Ceilings and modern 60-inch Ribbon Fireplace, modern Stacked windows for tons of natural light, and a Gourmet Chef’s Kitchen featuring a large Center Island, Walk-in Pantry, Double-Stacked Cabinets, and attached Breakfast & Dining Area. Enjoy a spacious Covered Patio leading out to the Private Backyard, as well as a luxurious Primary Suite and Upgraded Spa-Inspired Primary Bathroom with a designer Free-Standing Tub, Walk-In Super-Shower, and Oversized Walk-In Closet. Discover additional functionality with a laundry room. An additional 3 Bedrooms with 2 Full Baths Upstairs. Experience high-end living at its finest with GFO Home’s premier Harrison floor plan in Austin’s #1 Master-Planned Community- Santa Rita Ranch! Enjoy amazing on-site amenities like a brand-new amenity center The Paddock, right down the street with two new pools, badminton & pickleball courts, a tot-lot, playground, and more! The Santa Rita Ranch community also features a water park, splash pads, resort-style pools, miles of trails, a fitness center, dog park, clubhouse, and much, much, more! Zoned to Top-Notch Liberty ISD. Estimated completion November.

At $171/sqft, this home is 23% 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

432 Olinda Way, Liberty Hill, TX 78642

Property Details

Price $649,825
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 3,797 sqft
Lot Size 0.19 acres (8,071.67 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Saddleback/Santa Rita Ranch Ph
County Williamson
Zip Code 78642
$/sqft $171/sqft
Days on Market ,
HOA $116/Monthly
Annual Tax Est. $2,332.34
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT240188484
List Date July 16, 2026
Elementary School LouineNoble
Middle School Legacy Ranch
High School Legacy Ranch
School District Liberty Hill ISD

Liberty Hill ISD

LouineNoble · Legacy Ranch · Legacy Ranch

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 16, 2026 $664,825
Current ask $649,825
▼ Reduced $15,000 (-2.3%) 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
531 Great Lawn Bnd
Santa Rita Ranch Ph 3 Sec 3
$645,000 $171 5 bd / 5 ba 3,765 sqft , 2026-06-26
112 Morningdale Dr
Santa Rita Ranch at Saddleback
$644,703 $187 5 bd / 4 ba 3,448 sqft , 2026-10-02
116 Morningdale Dr
Santa Rita Ranch at Saddleback
$679,247 $204 4 bd / 4 ba 3,326 sqft , 2026-10-02
793 Faith Dr
Santa Rita Ranch
$619,000 $195 4 bd / 4 ba 3,167 sqft , 2026-10-14
216 Archway Ln
Saddleback/Santa Rita Ranch Ph
$683,035 $188 5 bd / 4 ba 3,642 sqft , 2026-10-25

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
$3,119/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
$129,965
20% conventional investment loan

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

Estimated Gross Rent+$3,119
Principal + Interest−$3,546
Property Tax (assumed ~2.1%)−$1,137
Insurance (assumed ~0.5%)−$271
Est. Monthly Cash Flow $-1,835

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 November 6, 2026.

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

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