Active Listing  ·  58 days on market

500 Castillo Bnd

Liberty Hill, TX 78642
$649,000
3 Bed 4 Bath 2,887 sqft $225/sqft Built 2026 0.21 acres 3-Car Garage Pool New Construction Regency at Santa Rita Ranch - Orchard Collection

MLS# 6613828 - Built by Toll Brothers - Ready Now! ~ The Lampasas strikes the perfect balance with welcoming open areas to entertain and quiet corners to relax. The alluring foyer hallway reveals a secluded workspace, bright flex room with tray ceiling, and views into the spacious great room and casual dining area with tray ceilings throughout. The well-designed kitchen offers access to the large covered patio and is complete with a large center island with breakfast bar, plenty of counter and cabinet space, and sizable walk-in pantry. The gorgeous primary bedroom suite features an elegant tray ceiling, expansive walk-in closet, and lovely primary bath with dual vanities, large luxe shower with seat, and private water closet. Secondary bedrooms feature large closets and private baths. Additional highlights include a convenient powder room and everyday entry, centrally located laundry, and additional storage.

At $225/sqft, this home is priced in line with the Liberty Hill market average of $221/sqft across 489 active listings. View Austin market report →

Location

500 Castillo Bnd, Liberty Hill, TX 78642

Property Details

Price $649,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 2,887 sqft
Lot Size 0.21 acres (9,147.6 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Regency at Santa Rita Ranch - Orchard Collection
County Williamson
Zip Code 78642
$/sqft $225/sqft
Days on Market ,
HOA $311/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT241358181
List Date July 27, 2026
Elementary School San Gabriel
Middle School Douglas Benold
High School East View
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 →

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
221 Bent Twig St
Regency at Santa Rita Ranch - Orchard Collection
$649,000 $223 3 bd / 3 ba 2,910 sqft , 2026-07-27
420 Castillo Bnd
Regency at Santa Rita Ranch - Meadow Collection
$644,000 $244 3 bd / 3 ba 2,643 sqft , 2026-05-05
401 Brena Cv
Santa Rita Ranch Ph 2A Sec 3
$639,000 $219 3 bd / 4 ba 2,924 sqft , 2026-05-05
613 Castillo Bnd
Regency at Santa Rita Ranch - Meadow Collection
$639,000 $242 3 bd / 3 ba 2,643 sqft , 2026-06-17
201 Medallion St
Saddleback/Santa Rita Ranch Ph
$626,525 $194 4 bd / 4 ba 3,233 sqft , 2026-07-29

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
$3,115/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
$129,800
20% conventional investment loan

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

Estimated Gross Rent+$3,115
Principal + Interest−$3,542
Property Tax (~2.1% TX avg)−$1,136
Insurance (~0.5%)−$270
Est. Monthly Cash Flow $-1,833

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 August 17, 2026.

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