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516 HALLWOOD DR, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

2 bed2 bath1,821 sqftBuilt 2022

Property at a Glance

This home is estimated between $406,604 and $435,695, with a best estimate of $413,234. That places the property below the G212522C - REGENCY - SANTA RITA N median of $538,503, in a neighborhood that appreciated 62.3% over the past year.

Estimated Value Range

$406,604 $435,695
Best Estimate
$413,234
WCAD Value
$401,722
High Confidence

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

Based on 5 comparable properties in G212522C - REGENCY - SANTA RITA N, this home's estimated market value is between $406,604 and $435,695. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

508 HALLWOOD DR, LIBERTY HILL, TX 78642
0.02 mi 100% similar Same subdivision
2 bed 2 bath 2,212 sqft Built 2022
Raw Value $522,942
Adjusted Value $435,695

Adjusted -$87,247 for 391 sqft less living space. Net adjustment: -$87,247.

504 HALLWOOD DR, LIBERTY HILL, TX 78642
0.03 mi 100% similar Same subdivision
2 bed 2 bath 1,932 sqft Built 2022
Raw Value $446,179
Adjusted Value $421,411

Adjusted -$24,768 for 111 sqft less living space. Net adjustment: -$24,768.

513 HALLWOOD DR, LIBERTY HILL, TX 78642
0.04 mi 100% similar Same subdivision
2 bed 2 bath 2,073 sqft Built 2022
Raw Value $465,353
Adjusted Value $409,122

Adjusted -$56,231 for 252 sqft less living space. Net adjustment: -$56,231.

500 HALLWOOD DR, LIBERTY HILL, TX 78642
0.05 mi 100% similar Same subdivision
2 bed 2 bath 1,803 sqft Built 2023
Raw Value $390,960
Adjusted Value $406,604

Adjusted +$4,016 for 18 sqft more living space and +$11,628 for being newer. Net adjustment: +$15,644.

509 HALLWOOD DR, LIBERTY HILL, TX 78642
0.05 mi 100% similar Same subdivision
2 bed 2 bath 2,452 sqft Built 2022
Raw Value $554,034
Adjusted Value $413,234

Adjusted -$140,800 for 631 sqft less living space. Net adjustment: -$140,800.

The Neighborhood

This home is valued 25.4% below the G212522C - REGENCY - SANTA RITA N median of $538,503. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 62.3% over the past year.

G212522C - REGENCY - SANTA RITA N

below average
232 Properties
$538,503 Median Value
+62.3% YoY Change
0% Have Pool
100% Have Garage
This Home
$401,722
Median
$538,503

This home is -25.4% below the subdivision median.

Tax Analysis

The estimated annual property tax is $10,353 across all districts. With a homestead exemption claimed, that drops to $8,544 — saving $1,809 per year. That's $712 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%$4,977
Williamson County MUD #19CMUD0.8500%$3,415
Williamson CountyCounty0.3694%$1,484
Williamson County ESD #4 - Liberty HillESD0.0745%$299
Williamson County FM/RdCounty0.0443%$178
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.5772%$10,353

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $413,234 would pay approximately $2,579 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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