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500 CANYONCREST WAY, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

4 bed2 bath2,228 sqftBuilt 2025

Property at a Glance

This home is estimated between $459,319 and $691,258, with a best estimate of $511,573. That places the property above the I133422B - SADDLEBACK median of $458,374, in a neighborhood that appreciated 95.7% over the past year.

Estimated Value Range

$459,319 $691,258
Best Estimate
$511,573
WCAD Value
$428,338
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 $459,319 and $691,258. More comparables in the same subdivision would strengthen this estimate.

Comparable Properties (5)

500 OLINDA WAY, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,970 sqft Built 2024
Raw Value $387,995
Adjusted Value $459,319

Adjusted +$73,604 for 258 sqft more living space and -$2,280 for being older. Net adjustment: +$71,324.

504 CANYONCREST WAY, LIBERTY HILL, TX 78642
0.01 mi 100% similar Same subdivision
5 bed 3 bath 2,007 sqft Built 2025
Raw Value $590,966
Adjusted Value $654,014

Adjusted +$63,048 for 221 sqft more living space. Net adjustment: +$63,048.

508 CANYONCREST WAY, LIBERTY HILL, TX 78642
0.03 mi 100% similar Same subdivision
4 bed 3 bath 2,189 sqft Built 2025
Raw Value $500,447
Adjusted Value $511,573

Adjusted +$11,126 for 39 sqft more living space. Net adjustment: +$11,126.

4 bed 2,021 sqft Built 2019
Raw Value $645,886
Adjusted Value $691,258

Adjusted +$59,054 for 207 sqft more living space and -$13,682 for being older. Net adjustment: +$45,372.

3 bed 2 bath 2,100 sqft Built 2022
Raw Value $476,629
Adjusted Value $506,305

Adjusted +$36,517 for 128 sqft more living space and -$6,841 for being older. Net adjustment: +$29,676.

The Neighborhood

This home is valued 6.6% below the I133422B - SADDLEBACK median of $458,374. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 95.7% over the past year.

I133422B - SADDLEBACK

typical
312 Properties
$458,374 Median Value
+95.7% YoY Change
0% Have Pool
97% Have Garage
This Home
$428,338
Median
$458,374

This home is -6.6% below the subdivision median.

Tax Analysis

The estimated annual property tax is $11,039 across all districts. With a homestead exemption claimed, that drops to $9,225 — saving $1,814 per year. That's $769 per month a buyer should budget. The assessed value increased +328.3% vs the subdivision average of +95.7%. This above-average increase gives a protest opportunity score of 100 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Liberty Hill ISDSchool1.2389%$5,307
Williamson County MUD #19HMUD0.8500%$3,641
Williamson CountyCounty0.3694%$1,582
Williamson County ESD #4 - Liberty HillESD0.0745%$319
Williamson County FM/RdCounty0.0443%$190
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.5772%$11,039
100 / 100

There may be a strong case to protest this appraisal.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $511,573 would pay approximately $3,193 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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