Active Listing  ·  74 days on market

501 Sierra Lisa Cv

Liberty Hill, TX 78642
$895,000
5 Bed 5 Bath 4,190 sqft $214/sqft Built 2023 0.45 acres 3-Car Garage Pool Santa Rita Ranch

Experience elevated Hill Country living in Santa Rita Ranch, one of Central Texas’ fastest-growing communities and proudly served by Georgetown ISD. Set on a rare corner oversized lot, this exceptional property offers a combination of space, privacy, lifestyle, and value that is increasingly difficult to find in today’s market.

Priced to sell, this home presents an outstanding opportunity to own in one of Liberty Hill’s most sought-after communities while positioning yourself in a region experiencing significant residential, commercial, and retail growth. With continued investment in infrastructure, shopping, dining, and employment centers, Santa Rita Ranch offers both an exceptional quality of life and compelling long-term value.

Residents enjoy a true resort-style lifestyle with multiple amenity centers, resort-style pools, parks, playgrounds, miles of trails, fitness facilities, and an active calendar of community events designed to bring neighbors together. The thoughtfully planned community provides an ideal balance of Hill Country tranquility and modern convenience.

The .45-acre corner lot adds another level of appeal, offering generous outdoor space and a sense of openness rarely found in newer communities. Whether you're enjoying the privacy of your own backyard or taking advantage of everything Santa Rita Ranch has to offer, this is Hill Country living with room to breathe.

With its premium location, expansive corner lot, desirable school district, and attractive pricing, this is an opportunity to own in one of Central Texas’ most exciting growth corridors—without sacrificing lifestyle or convenience.

At $214/sqft, this home is 4% 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

501 Sierra Lisa Cv, Liberty Hill, TX 78642

Property Details

Price $895,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 4,190 sqft
Lot Size 0.45 acres (19,541.02 sqft)
Year Built 2023
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Santa Rita Ranch
County Williamson
Zip Code 78642
$/sqft $214/sqft
Days on Market ,
HOA $106/Monthly
Annual Tax Est. $20,845.41
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242752856
List Date August 10, 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
256 Jates Field Bnd
Santa Rita Ranch
$874,547 $241 4 bd / 5 ba 3,629 sqft , 2026-04-17
107 Pima Ct
Toll Brothers at Santa Rita Ranch
$849,000 $217 4 bd / 5 ba 3,910 sqft , 2026-10-02
224 Kiser Rd
Toll Brothers at Santa Rita Ranch
$949,000 $208 4 bd / 5 ba 4,556 sqft , 2026-06-05
539 Great Lawn Bnd
Santa Rita Ranch North
$840,000 $243 4 bd / 5 ba 3,453 sqft , 2026-10-07
100 Irvine Pass
Santa Rita Ranch
$818,990 $199 6 bd / 5 ba 4,108 sqft , 2026-06-23

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
$4,296/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
$179,000
20% conventional investment loan

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

Estimated Gross Rent+$4,296
Principal + Interest−$4,884
Property Tax (~2.1% TX avg)−$1,566
Insurance (~0.5%)−$373
Est. Monthly Cash Flow $-2,527

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 October 4, 2026.

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