About This Home

NEW CONSTRUCTION BY PULTE HOMES! Complete and ready! The Nelson at Santa Rita Ranch features a gathering room with floor to ceiling windows overlooking the outdoor patio, plus a second-floor Owner’s Suite. The fridge, washer, dryer, and window blinds are included in the property. Cul-de-sac lot with no back neighbors.

At $200/sqft, this home is 10% 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

511 Elise Cv, Liberty Hill, TX 78642

Open in Google Maps ↗ Get Directions ↗

Property Details

Price $419,900

Status Active Listing

Beds 3

Full Baths 2

Half Baths 1

Living Area 2,096 sqft

Lot Size 0.12 acres (5,188 sqft)

Year Built 2025

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Santa Rita Ranch at Homestead

County Williamson

Zip Code 78642

$/sqft $200/sqft

Days on Market ,

HOA $106/Monthly

Annual Tax Est. $2,169.07

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT218851827

List Date February 9, 2026

Elementary School Santa Rita

Middle School Santa Rita Middle

High School Liberty Hill

School District ,

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.

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

109 Singing Dove Way
Santa Rita Ranch at Homestead $420,900 $194 3 bd / 3 ba 2,170 sqft , 2026-06-11

128 Rosebush Dr
Santa Rita Ranch North: 40ft. lots $424,750 $178 3 bd / 3 ba 2,380 sqft , 2026-07-01

113 Mindy Way
Santa Rita South Sec 3A $414,900 $174 4 bd / 2 ba 2,383 sqft , 2026-06-18

361 Bright Star Ln
Morningstar $424,999 $151 4 bd / 3 ba 2,813 sqft , 2026-09-05

208 Amista Dr
Santa Rita Ranch at Homestead $411,900 $234 3 bd / 2 ba 1,762 sqft , 2026-09-03

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

$2,016/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

$83,980

20% conventional investment loan

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

Estimated Gross Rent+$2,016

Principal + Interest−$2,292

Property Tax (~2.1% TX avg)−$735

Insurance (~0.5%)−$175

Est. Monthly Cash Flow $-1,186

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

About the Author

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 April 22, 2026.

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

511 Elise Cv

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Liberty Hill, TX

More Luxury Homes in Liberty Hill

Explore Austin Real Estate