Active Listing  ·  152 days on market

506 Eliese Cv

Liberty Hill, TX 78642
$491,900
4 Bed 3 Bath 2,602 sqft $189/sqft Built 2026 0.14 acres 2-Car Garage Pool New Construction Santa Rita Ranch at Homestead

NEW CONSTRUCTION BY PULTE HOMES! Complete and ready! The two story Saddlebrook features an open concept floor plan with a second floor game room.

At $189/sqft, this home is 14% below the Liberty Hill active market average of $221/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

506 Eliese Cv, Liberty Hill, TX 78642

Property Details

Price $491,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,602 sqft
Lot Size 0.14 acres (6,272.64 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Santa Rita Ranch at Homestead
County Williamson
Zip Code 78642
$/sqft $189/sqft
Days on Market ,
HOA $116/Monthly
Annual Tax Est. $2,169.07
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT227553998
List Date April 24, 2026
Elementary School Santa Rita
Middle School Santa Rita Middle
High School Liberty Hill
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.

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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 · April 24, 2026 $499,702
Current ask $491,900
Reduced $7,802 (-1.6%) 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
113 Cintilar St
Santa Rita Ranch
$493,990 $240 4 bd / 3 ba 2,061 sqft , 2026-02-19
221 Singing Dove Way
Santa Rita Ranch at Homestead
$496,900 $191 4 bd / 3 ba 2,602 sqft , 2025-10-14
208 Montecido Dr
Santa Rita Ranch
$497,470 $209 4 bd / 3 ba 2,384 sqft , 2026-03-02
309 Avendita Ln
Santa Rita Ranch Ph 1 Sec 18
$499,000 $176 4 bd / 4 ba 2,831 sqft , 2026-05-01
260 Norcia Loop
Santa Rita Ranch
$499,000 $146 4 bd / 3 ba 3,425 sqft , 2026-05-08

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
$2,361/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
$98,380
20% conventional investment loan

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

Estimated Gross Rent+$2,361
Principal + Interest−$2,685
Property Tax (~2.1% TX avg)−$861
Insurance (~0.5%)−$205
Est. Monthly Cash Flow $-1,390

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 September 8, 2026.

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