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Keenan Group#1 Austin Board of Realtors Team 2024

$1,049,000

4Beds
3Baths
3,783Sq Ft
4.83 acresLot

480 Mustang Mesa, Liberty Hill, TX 78642

Reduced 4%$1,095,000
Liberty Hill·MLS# 9407473·Built 2000·117 days on market

4 bed, 3 bath, 3,783 sqft on 4.83 acres in Liberty Hill. Liberty Hill, TX 78642. $1,049,000. Liberty Hill ISD.

About This Home

Nestled on 4.82 picturesque acres in the gated Sundance Ranch community, this exceptional equestrian property offers the perfect blend of privacy, functionality, and Hill Country charm. Situated on a quiet cul-de-sac, the property features a spacious 5-bedroom, 4-bathroom layout, including a beautifully appointed main home and a detached guest house.

The main residence offers 4 bedrooms and 3 full baths, with three bedrooms and two baths conveniently located on the main level, including a spacious primary suite. Upstairs you'll find an additional bedroom, full bath, and oversized game room. The interior showcases laminate flooring, fresh interior paint, a stunning custom kitchen island, update fireplace, and a beautifully remodeled primary bath featuring dual vanities, soaking tub, and separate shower. A dedicated office with French doors provides the perfect work-from-home space.

The detached guest house is ideal for multigenerational living, guests, or rental opportunities, offering a private bedroom, full bath, living area, and loft.

Step outside to your own private retreat complete with a sparkling swimming pool and expansive outdoor living space, to include a firepit. Equestrian enthusiasts will appreciate the 80' x 100' horse arena, 50-foot round pen, horse shed, fenced pasture, storage building, tac room and access to community equestrian trails.

Enjoy peaceful country living with the security of a gated community while remaining just minutes from Highway 29, providing convenient access to Liberty Hill, Burnet, and the surrounding Texas Hill Country.

This rare property offers luxury, versatility, and exceptional horse facilities—all in one incredible package.

Property Type
Residential
Year Built
2000
Lot Size
4.83 acres
Price / Sq Ft
$277
HOA
$1,370/year
Garage
2 spaces
Pool
Yes

Listing information last updated October 7, 2026.

Listed by Cashmere Realty Group

MLS# 9407473 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Private pool and outdoor entertaining setup
2-car garage with additional parking capacity
Generous 4.83-acre lot
Ceiling Fan(s)
Chandelier
Granite Counters

Facts & Features

Interior

Features

  • Ceiling Fan(s)
  • Chandelier
  • Granite Counters
  • Double Vanity
  • Eat-in Kitchen
  • High Speed Internet
  • In-Law Floorplan
  • Interior Steps
  • Kitchen Island
  • Multiple Living Areas
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Soaking Tub
  • Study
  • Home Office
  • Two Primary Closets
  • Walk-In Closet(s)

Appliances

  • Dishwasher
  • Electric Range
  • Microwave
  • Electric Oven
  • Stainless Steel Appliance(s)
  • Vented Exhaust Fan
  • Water Heater

Flooring

  • Carpet
  • Laminate
  • Tile
Heating
Electric
Cooling
Electric
Fireplaces
1
Exterior & Lot

Features

  • Private Yard

Construction

  • Hardi
  • Plank Type
  • Stone

Lot Features

  • Back Yard
  • Cleared
  • Cul-De-Sac
  • Front Yard
  • Landscaped
  • Native Plants
  • Private
  • Trees-Large (Over 40 Ft)

Foundation

  • Slab

Patio / Porch

  • Covered
  • Front Porch
  • Wrap Around
Roof
Asphalt
Lot Size
4.83 Acres

Parking

  • Detached
Garage Spaces
2
Pool
Yes
Financial
HOA Fee
$1,370 / year
Original List Price
$1,095,000
Price per Sq Ft
$277
Utilities
  • Electricity Connected
  • Water Connected
Water Source
Public
Sewer
Septic Tank

Transaction History

1 record on file

Every recorded listing, sale, and lease at 480 Mustang Mesa, whoever represented it.

  1. ActiveListed 2026
    Current price: $1,049,000Original list: $1,095,000MLS 9407473
    1. Listed · June 26, 2026$1,095,000
    2. Price changed · July 24, 2026$1,049,000

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

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Price & Listing History

Price Change with current price, original ask, and market time.

View Timeline
Current list
$1,049,000
Original list
$1,095,000
Price movement
$46K reduction
Listed / DOM
Jun 26, 2026 · 117 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$1,115,675
Assessment Year
2025
Year Built
2002
Parcel ID
R-15-5404-0000-0025
$1.1M
$1.0M
$1,115,675
2025
$1,036,511
-7.1% from prev
2026
YearTaxesTotal AssessmentLandAdditions
2026-7.1%
—$1,036,511$392,667$643,844
2025
—$1,115,675$387,316$728,359
5-Year Change-7.1%

Virtual Tour

Virtual tour of 480 Mustang Mesa
Map showing 480 Mustang Mesa
480 Mustang Mesa
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Zoned Schools

Liberty Hill ISD

1 High School1 Middle School1 Elementary School

Liberty Hill

High SchoolGrades 9-12Zoned assignment

Liberty Hill (Liberty Hill)

Middle SchoolGrades 6-8Zoned assignment

Bill Burden

ElementaryGrades K-5Zoned assignment

Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.

Principal & interest
$5,810
HOA dues
$114

Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.

HOA source: MLS Grid / Unlock MLS, as of 2026-10-16T00:07:34.647+00:00; normalized from annual dues.

20% ($210K)

Adjustable assumption - not a lending recommendation.

$1,049,000

Loan: $839K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Liberty Hill pricing, timing, and property scale. No automated valuation claim.

List price

$1,049,000

Price per sqft

$277/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

117 days

Original to current

$46K reduction

$1.1M original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.

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Frequently Asked Questions

How much is 480 Mustang Mesa?

480 Mustang Mesa is listed at $1,049,000 with 4 bedrooms, 3 full bathrooms, 3,783 square feet, 4.83-acre lot. This places it above the ZIP 78642 single-family closed-sale median price of $510,000 (ZIP 78642 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 19, 2026).

What school district is 480 Mustang Mesa in?

480 Mustang Mesa is zoned for Liberty Hill ISD with assigned schools: Bill Burden (elementary), Liberty Hill (Liberty Hill) (middle), Liberty Hill (high). School assignments should be verified directly with the district.

What are the property details for 480 Mustang Mesa?

480 Mustang Mesa is a Residential built in 2000 featuring 4 bedrooms, 3 full bathrooms, 3,783 square feet, 4.83-acre lot.

What are the property taxes for 480 Mustang Mesa?

The most recent annual property tax for 480 Mustang Mesa is $19,269. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.

How should a buyer estimate the monthly payment for 480 Mustang Mesa?

This page does not assume a mortgage rate or publish a monthly payment for 480 Mustang Mesa. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 480 Mustang Mesa compare with other homes in Liberty Hill?

As of Oct 16, 2026, 480 Mustang Mesa is offered at $1,049,000. The current MLS snapshot shows 475 active listings in 78642.

What is the community structure at 480 Mustang Mesa?

The MLS listing reports HOA or association dues of $1,370 annual for 480 Mustang Mesa. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Liberty Hill

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/15/2026, 7:07:34 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/15/2026, 7:07:34 PM

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