501 SUMMIT PARK LN, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $683,505 and $938,023, with a best estimate of $809,490. That places the property below the I425518B - ESTATES AT SANTA RITA RANCH median of $844,397, in a neighborhood that declined 0.5% over the past year.
Estimated Value Range
$809,490
$785,910
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $683,505 and $938,023. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$87,327 for 332 sqft less living space. Net adjustment: -$87,327.
Adjusted -$124,415 for 473 sqft less living space. Net adjustment: -$124,415.
Adjusted -$4,209 for 16 sqft less living space. Net adjustment: -$4,209.
Adjusted +$134,410 for 511 sqft more living space. Net adjustment: +$134,410.
Adjusted +$137,303 for 522 sqft more living space. Net adjustment: +$137,303.
The Neighborhood
This home is valued 6.9% below the I425518B - ESTATES AT SANTA RITA RANCH median of $844,397. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.5% over the past year.
I425518B - ESTATES AT SANTA RITA RANCH
typicalThis home is -6.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $17,424 across all districts. With a homestead exemption claimed, that drops to $15,545 — saving $1,879 per year. That's $1,295 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
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $9,737 |
| Williamson County MUD #19 | MUD | 0.4899% | $3,850 |
| Williamson County | County | 0.3694% | $2,904 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $585 |
| Williamson County FM/Rd | County | 0.0443% | $348 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.2171% | $17,424 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $809,490 would pay approximately $5,053 per month (principal and interest only, excluding taxes and insurance).