Active Listing  ·  20 days on market

540 Faith Dr

Liberty Hill, TX 78642
$450,000
4 Bed 3 Bath 2,247 sqft $200/sqft Built 2022 0.20 acres 2-Car Garage Pool Santa Rita Ranch Ph 1 Sec 8

Built in 2022 and located in the highly sought-after Santa Rita Ranch community, this spacious two-story home offers 4 bedrooms, 3 full bathrooms, and a flexible floor plan designed for comfortable everyday living. The primary suite is conveniently located on the main level, while three additional bedrooms and a generous game room upstairs provide plenty of space to spread out. Soaring ceilings enhance the open, airy feel of the main living area, where a gas fireplace creates a welcoming focal point. The kitchen features granite countertops and opens seamlessly to the living and dining spaces, making it ideal for both entertaining and everyday life.

Beyond the home, Santa Rita Ranch offers a true resort-style community experience with multiple pools, waterslides and splash areas, pickleball and sports courts, fitness facilities, playgrounds, fishing lakes, dog parks, miles of trails, clubhouses, gathering spaces, and an active calendar of resident events. Enjoy the space and flexibility of a newer home paired with an incredible array of amenities just outside your door.

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

540 Faith Dr, Liberty Hill, TX 78642

Property Details

Price $450,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,247 sqft
Lot Size 0.20 acres (8,668.44 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Santa Rita Ranch Ph 1 Sec 8
County Williamson
Zip Code 78642
$/sqft $200/sqft
Days on Market ,
HOA $290/Monthly
Annual Tax Est. $10,958.33
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245651418
List Date September 3, 2026
Elementary School San Gabriel
Middle School James Tippit
High School East View
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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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
125 Callie Way
Santa Rita Ranch
$450,000 $166 4 bd / 3 ba 2,703 sqft , 2026-06-04
181 Benedum Way
Santa Rita Ranch Ph 1 Sec 8
$450,000 $217 3 bd / 2 ba 2,072 sqft , 2026-07-22
125 Darlington Ct
Santa Rita Ranch at Saddleback
$449,900 $180 5 bd / 3 ba 2,493 sqft , 2025-12-09
313 Pendent Dr
Santa Rita Ranch North
$449,900 $200 3 bd / 3 ba 2,250 sqft , 2026-07-18
105 Singing Dove Way
Santa Rita Ranch at Homestead
$450,900 $187 4 bd / 3 ba 2,405 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
$2,160/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
$90,000
20% conventional investment loan

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

Estimated Gross Rent+$2,160
Principal + Interest−$2,456
Property Tax (~2.1% TX avg)−$788
Insurance (~0.5%)−$188
Est. Monthly Cash Flow $-1,272

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 22, 2026.

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