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505 LONGMOUNT CV, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

4 bed2 bath652 sqftBuilt 2022

Property at a Glance

This home is estimated between $133,711 and $359,570, with a best estimate of $273,946. That places the property below the I124422C - BUTLER FARMS median of $395,121, in a neighborhood that appreciated 17.6% over the past year.

Estimated Value Range

$133,711 $359,570
Best Estimate
$273,946
WCAD Value
$359,569
High Confidence

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

Based on 5 comparable properties in I124422C - BUTLER FARMS, this home's estimated market value is between $133,711 and $359,570. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

536 LONGMOUNT CV, LIBERTY HILL, TX 78642
0.04 mi 100% similar Same subdivision
4 bed 2 bath 1,114 sqft Built 2022
Raw Value $392,584
Adjusted Value $273,946

Adjusted -$118,638 for 462 sqft less living space. Net adjustment: -$118,638.

509 LONGMOUNT CV, LIBERTY HILL, TX 78642
0.04 mi 100% similar Same subdivision
4 bed 2 bath 825 sqft Built 2022
Raw Value $403,995
Adjusted Value $359,570

Adjusted -$44,425 for 173 sqft less living space. Net adjustment: -$44,425.

532 LONGMOUNT CV, LIBERTY HILL, TX 78642
0.04 mi 100% similar Same subdivision
4 bed 2 bath 825 sqft Built 2022
Raw Value $403,995
Adjusted Value $359,570

Adjusted -$44,425 for 173 sqft less living space. Net adjustment: -$44,425.

501 DOVE CREST CV, LIBERTY HILL, TX 78642
0.03 mi 93% similar Same subdivision
3 bed 2 bath 1,350 sqft Built 2022
Raw Value $424,448
Adjusted Value $245,207

Adjusted -$179,241 for 698 sqft less living space. Net adjustment: -$179,241.

501 LONGMOUNT CV, LIBERTY HILL, TX 78642
0.03 mi 92% similar Same subdivision
3 bed 2 bath 1,448 sqft Built 2023
Raw Value $330,512
Adjusted Value $133,711

Adjusted -$204,407 for 796 sqft less living space and +$7,606 for being newer. Net adjustment: -$196,801.

The Neighborhood

This home is valued 9.0% below the I124422C - BUTLER FARMS median of $395,121. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 17.6% over the past year.

I124422C - BUTLER FARMS

typical
288 Properties
$395,121 Median Value
+17.6% YoY Change
0% Have Pool
100% Have Garage
This Home
$359,569
Median
$395,121

This home is -9.0% below the subdivision median.

Tax Analysis

The estimated annual property tax is $7,898 across all districts. With a homestead exemption claimed, that drops to $6,074 — saving $1,824 per year. That's $506 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%$4,455
Liberty HillCity0.4694%$1,688
Williamson CountyCounty0.3694%$1,328
Williamson County ESD #4 - Liberty HillESD0.0745%$268
Williamson County FM/RdCounty0.0443%$159
Butler Farms PIDpid0.0000%$0
Williamson Central Appraisal Districtcad0.0000%$0
Tax District (T16)other0.0000%$0
Total Annual Tax2.1966%$7,898

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $273,946 would pay approximately $1,710 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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