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423 MUSTANG MESA, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

4 bed3 bath1,960 sqftBuilt 1999

Property at a Glance

This home is estimated between $290,361 and $570,771, with a best estimate of $518,045. That places the property below the I140599D - SUNDANCE RANCH median of $871,225, in a neighborhood that appreciated 1.4% over the past year.

Estimated Value Range

$290,361 $570,771
Best Estimate
$518,045
WCAD Value
$943,796
Low Confidence

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

There are 5 comparable properties within range, but none are in I140599D - SUNDANCE RANCH. The estimated range of $290,361 and $570,771 should be treated as a rough guide.

Comparable Properties (5)

3 bed 2 bath 1,920 sqft Built 2005
Raw Value $306,025
Adjusted Value $290,361

Adjusted +$13,576 for 40 sqft more living space and -$29,240 for being older. Net adjustment: -$15,664.

4 bed 3 bath 2,099 sqft Built 2024
Raw Value $694,223
Adjusted Value $525,211

Adjusted -$47,178 for 139 sqft less living space and -$121,834 for being older. Net adjustment: -$169,012.

3 bed 2 bath 2,145 sqft Built 2012
Raw Value $644,189
Adjusted Value $518,045

Adjusted -$62,790 for 185 sqft less living space and -$63,354 for being older. Net adjustment: -$126,144.

3 bed 2 bath 2,527 sqft Built 2000
Raw Value $768,088
Adjusted Value $570,771

Adjusted -$192,444 for 567 sqft less living space and -$4,873 for being older. Net adjustment: -$197,317.

4 bed 3 bath 2,904 sqft Built 2015
Raw Value $901,943
Adjusted Value $503,568

Adjusted -$320,401 for 944 sqft less living space and -$77,974 for being older. Net adjustment: -$398,375.

The Neighborhood

This home is valued 8.3% above the I140599D - SUNDANCE RANCH median of $871,225. With 297 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 1.4% over the past year.

I140599D - SUNDANCE RANCH

typical
297 Properties
$871,225 Median Value
+1.4% YoY Change
6% Have Pool
80% Have Garage
This Home
$943,796
Median
$871,225

This home is +8.3% above the subdivision median.

Tax Analysis

The estimated annual property tax is $16,301 across all districts. With a homestead exemption claimed, that drops to $14,392 — saving $1,909 per year. That's $1,199 per month a buyer should budget. The assessed value increased +5.5% vs the subdivision average of +1.4%. This above-average increase gives a protest opportunity score of 36 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Liberty Hill ISDSchool1.2389%$11,693
Williamson CountyCounty0.3694%$3,487
Williamson County ESD #4 - Liberty HillESD0.0745%$703
Williamson County FM/RdCounty0.0443%$418
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7272%$16,301
36 / 100

Some opportunity.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $518,045 would pay approximately $3,234 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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