New Construction on Over Half an Acre in Llano! Set on a spacious lot just minutes from Main Street, this newly completed 3-bedroom, 2-bath home combines modern construction, thoughtful design, and the kind of outdoor space that’s increasingly hard to find in town. Inside, you’ll find 10-foot ceilings, custom cabinetry, honed granite countertops, stainless steel appliances, custom closets, and quality finishes throughout. The kitchen was thoughtfully designed with under-cabinet lighting, pull-out drawers with built-in outlets, a pot filler, and plenty of cook space. The primary suite offers direct access to the backyard through sliding glass doors, while the detached garage/workshop provides additional space for projects, storage, hobbies, or equipment. The real standout is the lot. Whether you’re dreaming of a pool, garden, outdoor entertaining space, or simply extra room between you and the neighbors, this property gives you options that many in-town homes cannot. Brand new, move-in ready and built with attention to detail, 705 Flag Street offers a unique combination of modern construction, usable outdoor space, and a convenient Llano location.
For sale
Price cut: $16.5K (9/16)
$432,500
705 Flag Street, Llano, TX 78643
3beds
1,700sqft
Single Family Residence, Residential
Built in 2026
0.55 Acres Lot
$-- Zestimate®
$254/sqft
$-- HOA
What's special
Spacious lotStainless steel appliancesUsable outdoor spaceQuality finishes throughoutHoned granite countertopsCustom closetsPlenty of cook space
- 141 days
- 149
- 9
Zillow last checked:
Listing updated:
Listed by:
Ashley Smart 325-423-3066,
Landmasters Real Estate
Source: HLMLS as distributed by MLS GRID,MLS#: 177993
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Utility Room Outside
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Ice Maker, Electric Range, Refrigerator, Washer Hookup
Features
- Recessed Lighting
- Flooring: Hard Tile, Tile, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 1,700
- Total interior livable area: 1,700 sqft
Property
Parking
- Total spaces: 2
- Parking features: 1 Car Carport, 1 Car Detached Garage, Rear Entry
- Garage spaces: 1
- Carport spaces: 1
- Covered spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck
- Fencing: High Fence,Perimeter,Wood,Partial
- Has view: Yes
- View description: Hill Country
- Waterfront features: No
Lot
- Size: 0.55 Acres
- Dimensions: 121 x 199
- Features: Landscaped
Details
- Parcel number: 033999
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Custom
- Property subtype: Single Family Residence, Residential
Materials
- Wood Siding, HardiPlank Type
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 2026
Utilities & green energy
Green energy
- Energy efficient items: Ceiling Fan(s)
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
- Amenities included: None
- Services included: None
Location
- Region: Llano
Financial & listing details
- Price per square foot: $254/sqft
- Tax assessed value: $117,300
- Annual tax amount: $1,796
- Date on market: 5/19/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2026 | Price change | $432,500-3.7%$254/sqft |
Source: | ||
| 7/9/2026 | Price change | $449,000-5.5%$264/sqft |
Source: | ||
| 6/16/2026 | Price change | $474,900-4.8%$279/sqft |
Source: | ||
| 5/19/2026 | Listed for sale | $499,000$294/sqft |
Source: | ||
| 5/18/2026 | Listing removed | $499,000$294/sqft |
Source: | ||
| 5/1/2026 | Listed for sale | $499,000+177.2%$294/sqft |
Source: | ||
| 4/2/2025 | Listing removed | $180,000$106/sqft |
Source: | ||
| 5/10/2024 | Price change | $180,000-2.7%$106/sqft |
Source: | ||
| 4/5/2024 | Listed for sale | $185,000$109/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,796 +24.8% | $113,486 +20% |
| 2024 | $1,439 +15.5% | $94,572 +20% |
| 2023 | $1,246 +9.4% | $78,810 +22% |
| 2022 | $1,139 +20.6% | $64,600 +23.5% |
| 2021 | $945 -5.9% | $52,310 +3.2% |
| 2020 | $1,004 | $50,680 +2.4% |
| 2019 | -- | $49,470 +1.7% |
| 2018 | $1,037 | $48,660 +1.1% |
| 2017 | -- | $48,150 +5.2% |
| 2016 | -- | $45,790 +0.5% |
| 2015 | -- | $45,540 +1.2% |
| 2014 | -- | $45,000 |
| 2013 | -- | $45,000 |
| 2012 | -- | $45,000 |
| 2011 | -- | $45,000 +0.4% |
| 2010 | -- | $44,810 |
| 2009 | -- | $44,810 +33.2% |
| 2008 | -- | $33,640 |
| 2007 | -- | $33,640 |
Find assessor info on the county website
Monthly payment
Est. payment






