Active Listing  ·  131 days on market

821 FAITH Dr

Liberty Hill, TX 78642
$433,000
3 Bed 2 Bath 2,248 sqft $193/sqft Built 2021 0.18 acres 2-Car Garage Pool Santa Rita Ranch Ph 1 Sec 9

Take a Look at this charming home with attractive stone exterior in gated section of vibrant Santa Rita Ranch! Enter to experience the heart of the home, an expansive open-concept Living Room, Dining and Kitchen area, ideal for gatherings. With neutral colors, 12 ft. ceilings and 8 ft. doors, the home has a very spacious feel. A wall of windows fills the seamless flow of space and brings in natural light. The Island Kitchen with breakfast bar is a Stand-Out with quartz countertops and stainless appliances plus a large pantry, ample working and storage space. Extra features include luxury plank flooring, recessed lighting, and architectural ceiling. The Primary Suite has a ceiling fan, expansive closet with built-ins, double vanities, and a spacious shower. For a perfect place to relax, enjoy the breeze under the Covered patio with fenced yard after a fun time at the Resort-style Amenity Center with pool, waterslides, trails, fitness center and ongoing community events. Check it out! **This is a Fannie Mae HomePath property. First Time Buyers, complete the HomePath Ready Buyer homeownership course on Homepath. Attach certificate to offer up to 3% closing cost assistance. Check HomePath for more details. Restrictions apply.

At $193/sqft, this home is 13% 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

821 FAITH Dr, Liberty Hill, TX 78642

Property Details

Price $433,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,248 sqft
Lot Size 0.18 acres (8,023.75 sqft)
Year Built 2021
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Santa Rita Ranch Ph 1 Sec 9
County Williamson
Zip Code 78642
$/sqft $193/sqft
Days on Market ,
HOA $304/Monthly
Annual Tax Est. $11,413.27
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230245462
List Date May 15, 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.

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 · May 15, 2026 $500,000
Previous ask $445,000
Current ask $433,000
Reduced $67,000 (-13.4%) 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
242 Freeman Loop Freeman Loop None
Santa Rita Ranch
$435,000 $178 3 bd / 3 ba 2,442 sqft , 2025-11-09
500 Inspiration Dr
Santa Rita Ranch Ph 1 Sec 2A
$428,900 $187 4 bd / 3 ba 2,290 sqft , 2026-05-30
212 Estima Ct
Santa Rita Ranch Ph 1 Sec 2B
$438,000 $198 4 bd / 3 ba 2,212 sqft , 2026-07-09
113 Dycus Bnd
Santa Rita Ranch Ph 3 Sec 2
$439,900 $185 4 bd / 3 ba 2,380 sqft , 2026-04-23
789 Faith Dr
Santa Rita Ranch
$439,900 $205 3 bd / 3 ba 2,150 sqft , 2026-09-19

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
$2,078/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
$86,600
20% conventional investment loan

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

Estimated Gross Rent+$2,078
Principal + Interest−$2,363
Property Tax (~2.1% TX avg)−$758
Insurance (~0.5%)−$180
Est. Monthly Cash Flow $-1,223

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

More Luxury Homes in Liberty Hill

Loading…
View All Luxury Homes →
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 21, 2026.

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