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516 GREAT LAWN CV, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

4 bed3 bath3,493 sqftBuilt 2021

Property at a Glance

This home is estimated between $734,825 and $920,865, with a best estimate of $827,652. That places the property above the G212414C - SANTA RITA N PH 1,2,3 median of $509,796, in a neighborhood that appreciated 63.0% over the past year.

Estimated Value Range

$734,825 $920,865
Best Estimate
$827,652
WCAD Value
$709,785
Medium Confidence

Based on 5 comparable properties(3 in the same subdivision)

Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $734,825 and $920,865. More comparables in the same subdivision would strengthen this estimate.

Comparable Properties (5)

512 GREAT LAWN CV, LIBERTY HILL, TX 78642
0.01 mi 100% similar Same subdivision
4 bed 3 bath 2,766 sqft Built 2021
Raw Value $592,546
Adjusted Value $787,796

Adjusted +$195,250 for 727 sqft more living space. Net adjustment: +$195,250.

4 bed 3 bath 3,261 sqft Built 2024
Raw Value $773,499
Adjusted Value $827,652

Adjusted +$62,308 for 232 sqft more living space and -$8,155 for being older. Net adjustment: +$54,153.

508 GREAT LAWN CV, LIBERTY HILL, TX 78642
0.02 mi 100% similar Same subdivision
4 bed 3 bath 3,444 sqft Built 2021
Raw Value $721,665
Adjusted Value $734,825

Adjusted +$13,160 for 49 sqft more living space. Net adjustment: +$13,160.

4 bed 3 bath 3,347 sqft Built 2024
Raw Value $889,809
Adjusted Value $920,865

Adjusted +$39,211 for 146 sqft more living space and -$8,155 for being older. Net adjustment: +$31,056.

520 BENICIA CV, LIBERTY HILL, TX 78642
0.01 mi 99% similar Same subdivision
4 bed 3 bath 1,972 sqft Built 2024
Raw Value $496,414
Adjusted Value $896,754

Adjusted +$408,495 for 1,521 sqft more living space and -$8,155 for being older. Net adjustment: +$400,340.

The Neighborhood

This home is valued 39.2% above the G212414C - SANTA RITA N PH 1,2,3 median of $509,796. With 2,383 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 63.0% over the past year.

G212414C - SANTA RITA N PH 1,2,3

above average
2,383 Properties
$509,796 Median Value
+63.0% YoY Change
0% Have Pool
100% Have Garage
This Home
$709,785
Median
$509,796

This home is +39.2% above the subdivision median.

Tax Analysis

The estimated annual property tax is $18,133 across all districts. With a homestead exemption claimed, that drops to $16,268 — saving $1,865 per year. That's $1,356 per month a buyer should budget. The assessed value increased roughly in line with the neighborhood, so a tax protest is unlikely to yield significant savings.

Tax Districts

DistrictTypeRateAnnual Amount
Liberty Hill ISDSchool1.2389%$8,794
Williamson County MUD #19BMUD0.8276%$5,874
Williamson CountyCounty0.3694%$2,622
Williamson County ESD #4 - Liberty HillESD0.0745%$529
Williamson County FM/RdCounty0.0443%$315
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.5548%$18,133

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $827,652 would pay approximately $5,166 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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