Active Listing  ·  47 days on market

705 Castillo Bnd

Liberty Hill, TX 78642
$474,500
2 Bed 2 Bath 1,920 sqft $247/sqft Built 2025 0.23 acres 2-Car Garage Pool Regency at Santa Rita

Welcome home to 705 Castillo Bend in the heart of the Regency at Santa Rita Ranch, the exclusive 55+ section among the Austin area's #1 master-planned community.

This 1-year-old Toll Brothers Leander Model is better than new! Enter through the covered front porch with a thoughtfully upgraded 4ft Iron Front Door and admire the perfectly appointed floorplan with 2 beds plus a flex room/office or 3rd bedroom, and 2 full bathrooms. Additional upgrades in the home include all brick exterior, plantation shutter window treatments, a remote controlled slider shade, water softener and whole house water filter, closet system, upgraded appliances, quartz countertops, a granite composite farmhouse kitchen sink, under-cabinet lighting, luxury upgraded laundry room cabinets, and extra trees on the oversized quarter (+/-) acre corner lot! Living in this home offers convenience to multiple pharmacies, a quick drive to Bar W shopping with grocery stores and existing and incoming retail and restaurants, and a quick drive to highly rated medical services.

Living in this home includes *exclusive* access to the on-site Regency amenity center and activities, plus access to 4 other Santa Rita Ranch amenity centers complete with pools, indoor and outdoor pickle ball, trails, parks and dog parks, daily- planned activities - and so much more. This home brings you the convenience of all of this - and at a price better than a to-be-built! This home is move in ready and still under warranty- 705 Castillo Bend welcomes you home!

At $247/sqft, this home is priced 11% above the Liberty Hill active market average of $222/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

705 Castillo Bnd, Liberty Hill, TX 78642

Property Details

Price $474,500
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,920 sqft
Lot Size 0.23 acres (10,153.84 sqft)
Year Built 2025
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Regency at Santa Rita
County Williamson
Zip Code 78642
$/sqft $247/sqft
Days on Market ,
HOA $311/Monthly
Annual Tax Est. $7,320
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248049244
List Date September 26, 2026
Elementary School San Gabriel
Middle School Douglas Benold
High School East View
School District Georgetown ISD

Georgetown ISD

San Gabriel · Douglas Benold · East View

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 · September 26, 2026 $482,500
Current ask $474,500
▼ Reduced $8,000 (-1.7%) 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
401 Trabuco Bnd
Regency
$470,000 $212 2 bd / 3 ba 2,218 sqft , 2026-10-05
504 Nitta Cv
Regency at Santa Rita Ranch - Garden Collection
$488,000 $268 2 bd / 2 ba 1,821 sqft , 2026-10-14
825 Faith Dr
Santa RIta Ranch
$435,000 $219 3 bd / 2 ba 1,983 sqft , 2026-03-13
789 Faith Dr
Santa Rita Ranch
$429,900 $200 3 bd / 3 ba 2,150 sqft , 2026-09-19
100 Arborosa Pass
Santa Rita Ranch Ph 2A Sec 5
$429,000 $243 2 bd / 2 ba 1,764 sqft , 2026-10-09

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
$2,278/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
$94,900
20% conventional investment loan

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

Estimated Gross Rent+$2,278
Principal + Interest−$2,590
Property Tax (assumed ~2.1%)−$830
Insurance (assumed ~0.5%)−$198
Est. Monthly Cash Flow $-1,340

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 · 41 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. The written content was last updated on November 10, 2026.

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

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