About This Home

Experience luxury living in the very popular Quinley floor plan offering 2,876 square feet of living space, enhanced by over $72,360 in luxury upgrades. Featured 5 bedrooms and four full bathrooms, with two bedrooms downstairs. This spacious home offers both a media room and a game room, ideal for movie nights and gatherings. Open kitchen concept with quartz counter tops and seamless flow into the main living areas with dramatic 20-foot ceilings and open railings. Primary bathroom has a large walk-in shower with quartz countertops. Relax on the oversized covered back patio. Includes modern conveniences such as a car charger in the garage. This home blends elegant design, generous space and upscale features for today’s lifestyle.

At $198/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

516 Palatino Bnd, Liberty Hill, TX 78642

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Property Details

Price $569,990

Status Active Listing

Beds 5

Full Baths 4

Half Baths ,

Living Area 2,881 sqft

Lot Size 0.14 acres (6,054.84 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Santa Rita Ranch

County Williamson

Zip Code 78642

$/sqft $198/sqft

Days on Market ,

HOA $116/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT217665524

List Date January 28, 2026

Elementary School Tierra Rosa

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.

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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 · January 28, 2026 $621,990

Previous ask $579,990

Current ask $569,990

▼ Reduced $52,000 (-8.4%) 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

237 Redonda Dr
Santa Rita Ranch Ph 5 Sec 1 $569,000 $190 4 bd / 4 ba 2,993 sqft , 2026-07-30

112 Monza Bnd
Santa Rita Ranch $565,386 $209 4 bd / 4 ba 2,700 sqft , 2026-08-10

323 Blue Summit Bnd
Santa Rita Ranch $574,900 $240 4 bd / 4 ba 2,392 sqft , 2026-08-18

532 Los Aliso Ct
Santa Rita Ranch Ph 7B Sec 3 - 60 $564,900 $205 4 bd / 3 ba 2,754 sqft , 2026-05-21

504 Palatino Bnd
Santa Rita Ranch $576,990 $202 5 bd / 4 ba 2,854 sqft , 2026-01-28

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

$2,736/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

$113,998

20% conventional investment loan

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

Estimated Gross Rent+$2,736

Principal + Interest−$3,111

Property Tax (~2.1% TX avg)−$997

Insurance (~0.5%)−$237

Est. Monthly Cash Flow $-1,609

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 September 13, 2026.

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

516 Palatino Bnd