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1005 DISCOVERY WELL DR, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

4 bed2,281 sqftBuilt 2019

Property at a Glance

This home is estimated between $389,599 and $742,131, with a best estimate of $488,440. That places the property below 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

$389,599 $742,131
Best Estimate
$488,440
WCAD Value
$649,581
Low Confidence

Based on 5 comparable properties(1 in the same subdivision)

There are 5 comparable properties within range, but few are in G212414C - SANTA RITA N PH 1,2,3. The estimated range of $389,599 and $742,131 should be treated as a rough guide.

Comparable Properties (5)

4 bed 3 bath 2,392 sqft Built 2024
Raw Value $449,218
Adjusted Value $405,815

Adjusted -$29,811 for 111 sqft less living space and -$13,592 for being older. Net adjustment: -$43,403.

1017 DISCOVERY WELL DR, LIBERTY HILL, TX 78642
0.03 mi 100% similar Same subdivision
4 bed 3 bath 3,042 sqft Built 2017
Raw Value $687,385
Adjusted Value $488,440

Adjusted -$204,382 for 761 sqft less living space and +$5,437 for being newer. Net adjustment: -$198,945.

4 bed 3 bath 2,413 sqft Built 2024
Raw Value $455,082
Adjusted Value $389,599

Adjusted -$35,451 for 132 sqft less living space and -$13,592 for being older and -$16,440 for no pool. Net adjustment: -$65,483.

4 bed 3 bath 2,593 sqft Built 2020
Raw Value $828,643
Adjusted Value $742,131

Adjusted -$83,794 for 312 sqft less living space and -$2,718 for being older. Net adjustment: -$86,512.

4 bed 3 bath 2,057 sqft Built 2024
Raw Value $562,528
Adjusted Value $609,096

Adjusted +$60,160 for 224 sqft more living space and -$13,592 for being older. Net adjustment: +$46,568.

The Neighborhood

This home is valued 27.4% 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
$649,581
Median
$509,796

This home is +27.4% above the subdivision median.

Tax Analysis

The estimated annual property tax is $13,483 across all districts. With a homestead exemption claimed, that drops to $11,892 — saving $1,591 per year. That's $991 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
Georgetown ISDSchool1.0506%$6,824
Williamson County MUD #19AMUD0.5367%$3,486
Williamson CountyCounty0.3694%$2,400
Williamson County ESD #4 - Liberty HillESD0.0745%$484
Williamson County FM/RdCounty0.0443%$288
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0756%$13,483

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $488,440 would pay approximately $3,049 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 4/17/2026.

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