5 bed, 5 bath, 5,041 sqft on 0.36 acres in Liberty Hill. Liberty Hill, TX 78642. $1,049,900. Liberty Hill ISD.
About This Home
MLS# 2233199 - Built by Drees Custom Homes - Oct 2026 completion! ~ Beautiful 5 Bed,5.5 Bath home in Liberty Hill, TX! This spacious Grantley floor plan offers over 5,000 square feet with 5 bedrooms, 5.5 baths, and thoughtfully designed living spaces ideal for growing families or multi-generational living. The open-concept design features soaring vaulted ceilings in the family and dining rooms, creating a bright and airy atmosphere, while a gourmet kitchen and expansive living areas make entertaining effortless. The main level showcases a luxurious primary suite with a spa-like bath, along with a private independent living suite for guests or extended family. Upstairs, you'll find three additional bedrooms, a spacious gameroom and a dedicated media room, offering plenty of flexibility for relaxation and recreation. Additional highlights include a striking curved staircase, family ready room, and a 2-car garage with tandem space for extra storage or parking. Situated in a master-planned community in Liberty Hill, this home blends modern design, functional space, and upscale finishes, making it an exceptional opportunity for buyers seeking new homes in Liberty Hill, TX with room to live, work, and entertain. Virtual tours are for illustrative purposes only.
A new Drees Custom Homes residence at 502 Grazing Ct in Liberty Hill commands immediate attention with its architectural sophistication and uncompromising scale. Completed in September 2026, this 5,041-square-foot estate spans five bedrooms, five full baths, and one half bath across a corner lot in the Lariat subdivision, offering the kind of refined living space that reflects deliberate design and lasting quality.
The grand entrance establishes the home's character through vaulted ceilings that define both the family room and dining room, creating volume and light that feel effortless rather than forced. These soaring spaces anchor the entertaining core of the residence, designed to accommodate gatherings of genuine substance. The dual cooking setup-featuring both gas and electric cooktops, built-in ovens, and premium appliances-signals that this kitchen was engineered for those who cook seriously or entertain frequently. Full gutters and comprehensive sprinkler systems throughout the grounds demonstrate attention to property preservation.
The primary suite occupies the main level alongside a fully independent living suite, a configuration that grants both privacy and flexibility. Whether housing extended family or creating guest quarters of genuine autonomy, this layout reflects how contemporary estates should function. The master sanctuary itself includes tray ceilings and the kind of spatial confidence that comes from 5,041 square feet of purposeful design.
Upstairs, three additional bedrooms position the home for a growing family while a dedicated gameroom and media room create space for genuine retreat. This is not padding of square footage-each room commands its own purpose. A three-car garage with tandem configuration addresses the practical reality of multi-vehicle households.
The 0.364-acre corner lot in Liberty Hill provides the breathing room that proximity to Austin cannot. Located within Liberty Hill ISD, the home feeds into Louine Noble Elementary, Liberty Hill Middle School, and Liberty Hill High School-institutions that define this community's educational character. The property sits on a public-maintained road with full infrastructure, eliminating the compromises that distant rural living often requires.
Liberty Hill itself occupies the Austin metro's northwest corridor while maintaining deliberate separation from urban density. This residence, at $216 per square foot, delivers scale and permanence at a valuation that reflects genuine market opportunity rather than speculative positioning. For buyers seeking a statement property with room for multiple generations, entertaining ambition, and schools that match their vision for family life, 502 Grazing Ct represents the kind of foundational real estate that justifies serious consideration.
The numbers behind this insight
- Offered at
- $1,049,900
- Listed
- April 16, 2026
- Price changes
- 1, down 3.7% from $1,089,900
- Asking price per sq ft
- $208
- Property Type
- Residential
- Year Built
- 2026
- Lot Size
- 0.36 acres
- Price / Sq Ft
- $208
- HOA
- $840/year
- Garage
- 3 spaces
Listing information last updated October 13, 2026.
Listed by HomesUSA.com
MLS# 2233199 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Built-in Features
- Ceiling Fan(s)
- Ceiling-High
- Tray Ceiling(s)
- Study
- Home Office
- Built-In Electric Oven
- Built-In Oven(s)
- Cooktop
- Exhaust Fan
- Gas Cooktop
- Microwave
- Oven
- Carpet
- Tile
- Wood
- Heating
- Central,Natural Gas
- Cooling
- Central Air,Electric
- Fireplaces
- 1
Exterior & Lot
- Gutters Full
- Hardi
- Plank Type
- Masonry – All Sides
- Radiant Barrier
- Stone Veneer
- Stucco
- Greenbelt
- Back Yard
- Corner Lot
- Curbs
- Few Trees
- Front Yard
- Public Maintained Road
- Sprinkler - Automatic
- Sprinklers In Rear
- Sprinkler - Drip Only
- Bubblers
- Sprinklers In Front
- Sprinkler-Manual
- Sprinkler - Partial
- Sprinkler - Rain Sensor
- Sprinklers On Side
- Back Yard
- Gate
- Privacy
- Slab
- Covered
- Front Porch
- Rear Porch
- Roof
- Composition,Shingle
- Lot Size
- 0.36 Acres
- Attached
- Door-Multi
- Garage
- Garage Door Opener
- Garage Faces Front
- Garage Spaces
- 3
Financial
- HOA Fee
- $840 / year
- Original List Price
- $1,089,900
- Price per Sq Ft
- $208
Utilities
- Electricity Available
- High Speed Internet
- Natural Gas Available
- Phone Available
- Sewer Connected
- Underground Utilities
- Water Connected
- Water Source
- MUD
- Sewer
- MUD
Transaction History
1 record on file
Every recorded listing, sale, and lease at 502 Grazing CT, whoever represented it.
- ActiveListed 2026Current price: $1,049,900Original list: $1,089,900MLS 2233199
- Listed · April 16, 2026$1,089,900
- Price changed · September 2, 2026$1,049,900
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.
- Current list
- $1,049,900
- Original list
- $1,089,900
- Price movement
- $40K reduction
- Listed / DOM
- Apr 16, 2026 · 188 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $87,000
- Assessment Year
- 2026
- Parcel ID
- R-15-2745-1416-BH55
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026 | — | $87,000 | $87,000 | — |
Zoned Schools
Liberty Hill ISD
Liberty Hill
Liberty Hill (Liberty Hill)
LouineNoble
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.
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 2026-10-16T00:07:33.748+00:00; normalized from annual dues.
20% ($210K)
Adjustable assumption - not a lending recommendation.
$1,049,900
Luxury property intelligence
Keenan Market Position
A sourced read on Liberty Hill pricing, timing, and property scale. No automated valuation claim.
List price
$1,049,900
Price per sqft
$208/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
188 days
Original to current
$40K 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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