
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
$/Sq Ft
$289
HOA
$1370/mo
Garage
6 spaces
Pool
Yes
Listed by Cashmere Realty Group
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
480 Mustang Mesa is listed at $1,095,000 with 4 bedrooms, 3 full bathrooms, 3,783 square feet, 4.83-acre lot. This places it above the 78642 median of $650,000.
480 Mustang Mesa is zoned for Liberty Hill ISD with assigned schools: Bill Burden (elementary), Liberty Hill Middle (middle), Liberty Hill (high). School assignments should be verified directly with the district.
480 Mustang Mesa is a Residential built in 2000 featuring 4 bedrooms, 3 full bathrooms, 3,783 square feet, 4.83-acre lot.
480 Mustang Mesa is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listed with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026-7.1% | — | $1,036,511 | $392,667 | $643,844 |
2025 | — | $1,115,675 | $387,316 | $728,359 |

Liberty Hill ISD
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.
20% ($219K)
$1,095,000
Luxury property intelligence
A sourced read on Sundance Ranch pricing, timing, and property scale. No automated valuation claim.
List price
$1,095,000
Price per sqft
$289/sqft
Vs. Sundance Ranch median
Not available
Days on market
16 days
Original to current
No verified reduction
$1.1M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 12, 2026.
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($219,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 480 Mustang Mesa is around $7,287 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $1,095,000, 480 Mustang Mesa is in the Sundance Ranch market where there are currently 503 active listings in 78642.
480 Mustang Mesa includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
480 Mustang Mesa is part of a managed community with HOA dues of $1,370 annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
3 events on record
Current Price
$1,095,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026-7.1% | — | $1,036,511 |
| $392,667 |
| $643,844 |
2025 | — | $1,115,675 | $387,316 | $728,359 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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