Active Listing  ·  141 days on market

500 Palatino Bnd

Liberty Hill, TX 78642
$533,990
5 Bed 4 Bath 2,889 sqft $185/sqft Built 2026 0.14 acres 2-Car Garage Pool New Construction Santa Rita Ranch

Welcome to a pristine 5-bedroom single-family residence showcasing the highly desirable Travis Plan within the award-winning Santa Rita Ranch master-planned community. Boasting over $55,000 in premium builder upgrades, this expansive 2,889-square-foot masterpiece is perfectly situated on a generous south facing 6,075-square-foot homesite. The open-concept layout with souring 20’ ceilings is an entertainer's dream, featuring a welcoming front porch, a massive 17’x12’ game room, and an extended 17’x10’ covered back patio perfect for outdoor living. At the heart of the home is a gourmet designer kitchen equipped with durable quartz countertops, an oversized 10-foot central island with an integrated trash pull-out, elegant pendant lighting, under-cabinet illumination, and stacked upper cabinets for maximum storage. A highly sought-after downstairs guest suite with a private walk-in shower offers perfect accommodations for visitors or multi-generational living. Upstairs, the luxurious primary suite serves as a peaceful retreat, complete with a spa-inspired deluxe bathroom featuring a massive walk-in shower, dual shower heads, and a sleek frameless glass enclosure. Zoned to the highly acclaimed Liberty Hill ISD schools, this turnkey home offers a premium lifestyle with walkable access to world-class resort amenities, including multi-million-dollar pools, parks, fitness trails, and year-round community events. This exceptional property will not last long—schedule your private tour today!

At $185/sqft, this home is 17% 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

500 Palatino Bnd, Liberty Hill, TX 78642

Property Details

Price $533,990
Status Active Listing
Beds 5
Full Baths 4
Half Baths ,
Living Area 2,889 sqft
Lot Size 0.14 acres (6,054.84 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Santa Rita Ranch
County Williamson
Zip Code 78642
$/sqft $185/sqft
Days on Market ,
HOA $116/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT237492541
List Date June 24, 2026
Elementary School Tierra Rosa
Middle School Santa Rita Middle
High School Liberty Hill
School District Liberty Hill ISD

Liberty Hill ISD

Tierra Rosa · Santa Rita Middle · 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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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 · June 24, 2026 $599,990
Previous ask $563,990
Current ask $533,990
▼ Reduced $66,000 (-11.0%) 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
516 Palatino Bnd
Santa Rita Ranch
$529,990 $184 5 bd / 4 ba 2,881 sqft , 2026-01-28
532 Los Aliso Ct
Santa Rita Ranch Ph 7B Sec 3 - 60
$529,900 $192 4 bd / 3 ba 2,754 sqft , 2026-05-21
109 Coleman Bnd
Santa Rita Ranch Ph 5 Sec 1
$538,500 $180 4 bd / 4 ba 2,988 sqft , 2026-06-11
504 Palatino Bnd
Santa Rita Ranch
$526,990 $185 5 bd / 4 ba 2,854 sqft , 2026-01-28
233 Montecido Dr
Santa Rita Ranch
$541,850 $195 4 bd / 3 ba 2,774 sqft , 2025-12-05

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
$2,563/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
$106,798
20% conventional investment loan

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

Estimated Gross Rent+$2,563
Principal + Interest−$2,914
Property Tax (assumed ~2.1%)−$934
Insurance (assumed ~0.5%)−$222
Est. Monthly Cash Flow $-1,507

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 4, 2026.

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

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