Active Listing  ·  91 days on market

506 Lavender Crest Cv

Liberty Hill, TX 78642
$319,990
3 Bed 2 Bath 1,828 sqft $175/sqft Built 2026 0.12 acres 2-Car Garage Pool Butler Farms
506 Lavender Crest Cv, photo 1
506 Lavender Crest Cv, photo 2

About This Home

Brand new, energy-efficient home available by Oct 2026! Clear sight lines from the kitchen through the great room bring everyone together. Slate cabinets with marble-look white quartz countertops, cool brown laminate flooring, and multi-tone taupe carpet in our Finesse package. Small-town charm meets big-city amenities in this Liberty Hill community. Situated just off Hwy 29, the “Boulevard Collection” at Butler Farms offers functional floorplans with included features like walk-in showers, covered patios and designer curated interior packages. Residents in Butler Farms can look forward to enjoying community amenities like the resort-style pool, trails, fire pits and more. Find your dream home in this new community. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

At $175/sqft, this home is 21% 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

506 Lavender Crest Cv, Liberty Hill, TX 78642

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Property Details

Price $319,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,828 sqft
Lot Size 0.12 acres (5,227.2 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Butler Farms
County Williamson
Zip Code 78642
$/sqft $175/sqft
Days on Market ,
HOA $123/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242906476
List Date August 13, 2026
Elementary School Bill Burden
Middle School Liberty Hill (Liberty Hill)
High School Liberty Hill
School District Liberty Hill ISD

School District

Liberty Hill ISD

Bill Burden · Liberty Hill (Liberty Hill) · Liberty Hill

Have Questions About This Property?

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 · August 13, 2026 $349,990
Current ask $319,990
▼ Reduced $30,000 (-8.6%) 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
217 Lone Rock Ln
Butler Farms $319,990 $186 4 bd / 2 ba 1,720 sqft , 2026-10-27
245 Ironshoe Trl
Butler Farms $324,950 $188 4 bd / 3 ba 1,733 sqft , 2026-09-05
229 Ironshoe Trl
Butler Farms $324,950 $188 4 bd / 3 ba 1,733 sqft , 2026-09-05
804 Loriner Way
Butler Farms $314,990 $154 4 bd / 3 ba 2,042 sqft , 2026-08-20
812 Loriner Way
Butler Farms $314,990 $183 4 bd / 2 ba 1,720 sqft , 2026-10-14

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
$1,536/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
$63,998
20% conventional investment loan

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

Estimated Gross Rent+$1,536
Principal + Interest−$1,746
Property Tax (assumed ~2.1%)−$560
Insurance (assumed ~0.5%)−$133
Est. Monthly Cash Flow $-903

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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