Liberty Hill is among the most active suburbs for new home master-planned development near Austin, anchored by Santa Rita Ranch, a four-time Community of the Year winner at the Home Builders Association of Greater Austin’s MAX Awards. The community spans 4,000 acres with plans for up to 10,000 homes across five villages, backed by 12 active builder partners and the recent announcement of Walmart as anchor tenant of a planned retail center — all indicators of sustained long-term development activity.