Ed's Opinion of Value

$540,033 Ed's Estimate: $626,232 $834,640
Lowest Comp Recommended List: $644,000 to $674,000 Highest Comp
Based on 6 closed sales in SANTA RITA RANCH, the data points to a value around $626,232 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $644,000 to $674,000. This home's position in the current SANTA RITA RANCH market: the 3rd most expensive of 5 comparable homes on the market among comparable properties. The 142 sqft size difference versus comparable sales is reflected in the adjusted values. Buyers in SANTA RITA RANCH have 5 comparable options right now, with asking prices between $579,900 and $697,990. Market data shows SANTA RITA RANCH prices fallen 1.8% over the last half year. The closest comparable sale, 2009 Discovery Well DR, Liberty Hill TX 78642 at an adjusted $540,033, is with a smaller floor plan. This estimate draws on 6 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus
3 Beds
4 Baths 3 Full, 1 Half
3,149 Sq Ft
0.2177 Acres
2022 Built
3 Garage

About This Property

Stunning, Better-Than-New Home in Regency (a 55+ Community) at Santa Rita Ranch

508 Alava Way offers refined living in the award-winning master-planned community of Santa Rita Ranch, recently named the Best Master Planned Community in Austin and one of the top-rated in the country. Nestled at the end of a quiet cul-de-sac, this single-story, 3-bedroom, 3.5-bath home is thoughtfully customized with upscale finishes and modern design.

Each bedroom features a private ensuite bath, complemented by a spacious open floor plan with soaring ceilings and abundant natural light. The heart of the home is a chef’s kitchen with oversized island, breakfast bar, butler’s pantry, walk-in pantry, wet bar, stainless steel appliances, and extensive cabinetry—all open to the dining area with built-ins and the family room, anchored by a sleek fireplace and dramatic accent walls.

Two versatile flex rooms provide options for offices, hobbies, or creative spaces, while the luxurious owner’s suite showcases a striking accent wall, pendant lighting, tray ceiling, and spa-style primary bathroom with low oversized walk in shower and soaking tub.

The entire back wall of sliders opens seamlessly to an extended covered patio and flat backyard with upgraded landscaping, added trees, and a privacy fence—perfect for entertaining or relaxing outdoors. Additional highlights include a 3-car garage (two-car bay plus a separate one-car bay), mudroom, and covered front patio.

In Regency, residents enjoy exclusive resort-style amenities (pool, clubhouse, pickleball courts and more!) designed for connection, recreation, and leisure. This is more than a home—it’s a retreat blending modern elegance with community living at its best.

Features

  • Tray Ceiling(s)
  • Double Vanity
  • Electric Dryer Hookup
  • Eat-in Kitchen
  • Entrance Foyer
  • High Speed Internet
  • In-Law Floorplan
  • Kitchen Island
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Walk-In Closet(s)
  • Washer Hookup

Location

Schools

School District Georgetown ISD
Elementary San Gabriel
Middle School Douglas Benold
High School East View

Property Details

Property Type Residential
Flooring Laminate, Tile
Cooling Central Air, Zoned
Heating Central, Zoned
Exterior Private Yard
MLS # 4557877
Garage 3 spaces

HOA & Community

HOA Fee $286 /Monthly
HOA Includes Common Area Maintenance

Tax Information

Annual Taxes (MLS) $15,846 (2025)

Listing History

MLS# 4557877 56 days
Dec 5, 2025 Off Market
Aug 25, 2025 Listed $650,000

Frequently Asked Questions About 508 Alava WAY, Liberty Hill TX 78642

When was 508 Alava WAY, Liberty Hill TX 78642 built?

508 Alava WAY, Liberty Hill TX 78642 was built in 2022.

How much does 508 Alava WAY, Liberty Hill TX 78642 cost?

508 Alava WAY, Liberty Hill TX 78642 sold on December 5, 2025. Contact us for sale price details.

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