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500 HILLTOP DR, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

2 bed1 bath3,449 sqftBuilt 1935

Property at a Glance

This home is estimated between $574,751 and $721,057, with a best estimate of $705,063. That places the property below the I320599C - Rio&LittleGabriel,HighRiver&PostOak,SundanceRanch median of $911,292, in a neighborhood that declined 6.3% over the past year.

Estimated Value Range

$574,751 $721,057
Best Estimate
$705,063
WCAD Value
$2,033,326
Low Confidence

Based on 5 comparable properties(0 in the same subdivision)

There are 5 comparable properties within range, but none are in I320599C - Rio&LittleGabriel,HighRiver&PostOak,SundanceRanch. The estimated range of $574,751 and $721,057 should be treated as a rough guide.

Comparable Properties (5)

4 bed 3 bath 3,285 sqft Built 2023
Raw Value $833,812
Adjusted Value $574,751

Adjusted +$52,728 for 164 sqft more living space and -$306,099 for being older and -$5,690 for no garage. Net adjustment: -$259,061.

3 bed 2,584 sqft Built 2000
Raw Value $674,733
Adjusted Value $721,057

Adjusted +$278,110 for 865 sqft more living space and -$226,096 for being older and -$5,690 for no garage. Net adjustment: +$46,324.

2 bed 3 bath 2,434 sqft Built 2024
Raw Value $693,994
Adjusted Value $705,063

Adjusted +$326,337 for 1,015 sqft more living space and -$309,578 for being older and -$5,690 for no garage. Net adjustment: +$11,069.

3 bed 2 bath 2,601 sqft Built 2000
Raw Value $672,712
Adjusted Value $719,260

Adjusted +$272,644 for 848 sqft more living space and -$226,096 for being older. Net adjustment: +$46,548.

4 bed 3 bath 3,075 sqft Built 2019
Raw Value $866,212
Adjusted Value $688,582

Adjusted +$120,246 for 374 sqft more living space and -$292,186 for being older and -$5,690 for no garage. Net adjustment: -$177,630.

The Neighborhood

This home is valued 123.1% above the I320599C - Rio&LittleGabriel,HighRiver&PostOak,SundanceRanch median of $911,292. With 119 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 6.3% over the past year.

I320599C - Rio&LittleGabriel,HighRiver&PostOak,SundanceRanch

outlier high
119 Properties
$911,292 Median Value
-6.3% YoY Change
6% Have Pool
78% Have Garage
This Home
$2,033,326
Median
$911,292

This home is +123.1% above the subdivision median.

Tax Analysis

The estimated annual property tax is $6,368 across all districts. With a homestead exemption claimed, that drops to $4,565 — saving $1,803 per year. That's $380 per month a buyer should budget. The assessed value increased +7.1% vs the subdivision average of -6.3%. This above-average increase gives a protest opportunity score of 75 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Liberty Hill ISDSchool1.2389%$4,568
Williamson CountyCounty0.3694%$1,362
Williamson County ESD #4 - Liberty HillESD0.0745%$275
Williamson County FM/RdCounty0.0443%$163
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7272%$6,368
75 / 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 $705,063 would pay approximately $4,401 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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