501 LIBERTY DR, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $291,987 and $2,451,516, with a best estimate of $694,021. That places the property above the I030D80G - NORTH HWY 29 median of $594,861, in a neighborhood that appreciated 3.1% over the past year.
Estimated Value Range
$694,021
$853,957
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 $291,987 and $2,451,516. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$155,494 for 518 sqft more living space and -$6,170 for being older and +$449 for having a pool. Net adjustment: +$149,773.
Adjusted -$22,514 for 75 sqft less living space and -$83,298 for being older and +$449 for having a pool. Net adjustment: -$105,363.
Adjusted +$70,543 for 235 sqft more living space and -$58,617 for being older and +$449 for having a pool. Net adjustment: +$12,375.
Adjusted +$248,850 for 829 sqft more living space and -$98,724 for being older and +$449 for having a pool. Net adjustment: +$150,575.
Adjusted +$139,584 for 465 sqft more living space and -$123,405 for being older and +$449 for having a pool. Net adjustment: +$16,628.
The Neighborhood
This home is valued 43.6% above the I030D80G - NORTH HWY 29 median of $594,861. With 1,319 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 3.1% over the past year.
I030D80G - NORTH HWY 29
above averageThis home is +43.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,024 across all districts. With a homestead exemption claimed, that drops to $12,139 — saving $1,885 per year. That's $1,012 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% | $10,059 |
| Williamson County | County | 0.3694% | $3,000 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $605 |
| Williamson County FM/Rd | County | 0.0443% | $360 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $14,024 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $694,021 would pay approximately $4,332 per month (principal and interest only, excluding taxes and insurance).