Active Listing  ·  174 days on market

548 Faith Dr

Liberty Hill, TX 78642
$449,000
3 Bed 2 Bath 1,650 sqft $272/sqft Built 2018 0.20 acres 2-Car Garage Pool Santa Rita Ranch Ph 1 Sec 8

LOCK and LEAVE LUXURY GATED GARDEN HOMES in the desired Master Planned Community of Santa Rita Ranch. Landscaping is included with the HOA. 50K+ in upgrades. Built by Sitterle, completed in 2019, features soaring 12' ceilings, 8' doors, upgraded varying-width wood floors, a fireplace, and a primary suite with a soaking tub, a frameless glass shower, and a custom closet! Chef's paradise featuring double ovens (convection), a 5-burner gas cooktop, and an outdoor kitchen with a grill, sink, & fridge under an extended covered patio, with room to expand. Low-maintenance. A long, inviting driveway sets the home back from the road, leading to spacious yards with an iron fence. Third bed set up as an office/flex space. Includes access to all Santa Rita's fabulous amenities, including a fitness center, park, playground, pools, clubhouse, trails, and more! Close to the new HEB on Hwy 29. This location offers easy access to downtown Georgetown or NW Austin's major employers (e.g., the new Apple campus, shopping, and more).

At $272/sqft, this home is priced 23% above the Liberty Hill active market average of $221/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

548 Faith Dr, Liberty Hill, TX 78642

Property Details

Price $449,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,650 sqft
Lot Size 0.20 acres (8,929.8 sqft)
Year Built 2018
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Santa Rita Ranch Ph 1 Sec 8
County Williamson
Zip Code 78642
$/sqft $272/sqft
Days on Market ,
HOA $314/Monthly
Annual Tax Est. $8,389.42
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224815617
List Date April 2, 2026
Elementary School Wolf Ranch Elementary
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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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 · April 2, 2026 $465,000
Previous ask $460,000
Current ask $449,000
Reduced $16,000 (-3.4%) 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
181 Benedum Way
Santa Rita Ranch Ph 1 Sec 8
$450,000 $217 3 bd / 2 ba 2,072 sqft , 2026-07-22
789 Faith Dr
Santa Rita Ranch
$439,900 $205 3 bd / 3 ba 2,150 sqft , 2026-09-19
212 Estima Ct
Santa Rita Ranch Ph 1 Sec 2B
$438,000 $198 4 bd / 3 ba 2,212 sqft , 2026-07-09
825 Faith Dr
Santa RIta Ranch
$465,000 $234 3 bd / 2 ba 1,983 sqft , 2026-03-13
829 Faith Dr
Santa Rita Ranch Ph 1 Sec 9
$465,000 $250 3 bd / 2 ba 1,862 sqft , 2026-04-16

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
$2,155/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
$89,800
20% conventional investment loan

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

Estimated Gross Rent+$2,155
Principal + Interest−$2,450
Property Tax (~2.1% TX avg)−$786
Insurance (~0.5%)−$187
Est. Monthly Cash Flow $-1,268

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 9, 2026.

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