Active Listing  ·  207 days on market

511 Tricia Ct

Liberty Hill, TX 78642
$744,990
4 Bed 6 Bath 3,521 sqft $212/sqft Built 2026 0.19 acres 3-Car Garage Pool New Construction Santa Rita Ranch

Brand-new move-in ready Highland Home loaded with designer upgrades and exceptional craftsmanship throughout! This stunning Foxleigh floor plan offers 3,492 square feet of thoughtfully designed living space with an ideal layout for everyday living and entertaining. Step inside to discover a private study and a secondary bedroom with its own full bath, perfect for guests or modern living. The open-concept gourmet kitchen features a large center island, designer-stained upper cabinetry, a built-in hutch, and overlooks the spacious dining and family rooms with seamless access to the extended covered patio. The luxurious primary suite is enhanced by the sought-after Luxury Primary Suite Extension, creating a private retreat complete with a spa-inspired bath featuring a freestanding 59-inch soaking tub, separate shower, and premium finishes. A dedicated entertainment room on the main level provides additional flexible living space, while the elegant open railing adds a bright, sophisticated touch throughout the home. Upstairs, a spacious game room is accompanied by two additional bedrooms, two full baths, and a convenient powder bath, offering plenty of room for guests. Additional highlights include a three-car tandem garage, designer finishes throughout, and a highly functional floor plan that perfectly blends luxury, comfort, and versatility in one exceptional home.

At $212/sqft, this home is 4% 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 Tricia Ct, Liberty Hill, TX 78642

Property Details

Price $744,990
Status Active Listing
Beds 4
Full Baths 4
Half Baths 2
Living Area 3,521 sqft
Lot Size 0.19 acres (8,407.08 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Santa Rita Ranch
County Williamson
Zip Code 78642
$/sqft $212/sqft
Days on Market ,
HOA $1,392/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT220829420
List Date February 28, 2026
Elementary School Tierra Rosa
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.

Schedule a Call →

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 · February 28, 2026 $769,590
Previous ask $749,511
Current ask $744,990
Reduced $24,600 (-3.2%) 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
129 Las Posas Dr
Santa Rita Ranch
$744,990 $212 4 bd / 6 ba 3,521 sqft , 2026-02-27
121 La Caleta Bnd
Santa Rita Ranch
$738,990 $257 4 bd / 4 ba 2,872 sqft , 2026-05-13
112 Las Posas Dr
Santa Rita Ranch
$755,955 $252 4 bd / 3 ba 3,002 sqft , 2026-06-22
142 Montecilo Dr
Santa Rita Ranch
$759,273 $185 5 bd / 5 ba 4,108 sqft , 2026-07-24
228 Borrego Bnd
Santa Rita Ranch
$724,900 $240 4 bd / 4 ba 3,018 sqft , 2026-09-05

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
$3,576/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
$148,998
20% conventional investment loan

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

Estimated Gross Rent+$3,576
Principal + Interest−$4,066
Property Tax (~2.1% TX avg)−$1,304
Insurance (~0.5%)−$310
Est. Monthly Cash Flow $-2,104

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 14, 2026.

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