506 ROUND VALLEY TRL, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $504,564 and $658,986, with a best estimate of $623,810. That places the property below the L121421C - ORCHARD RIDGE GFO R5 median of $646,848, in a neighborhood that declined 5.3% over the past year.
Estimated Value Range
$623,810
$680,048
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L121421C - ORCHARD RIDGE GFO R5, this home's estimated market value is between $504,564 and $658,986. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$52,664 for 216 sqft less living space and +$13,753 for being newer. Net adjustment: -$38,911.
Adjusted -$50,713 for 208 sqft less living space. Net adjustment: -$50,713.
Adjusted -$1,951 for 8 sqft less living space and +$13,753 for being newer. Net adjustment: +$11,802.
Adjusted +$9,021 for 37 sqft more living space and +$13,753 for being newer. Net adjustment: +$22,774.
Adjusted -$50,713 for 208 sqft less living space and +$13,753 for being newer. Net adjustment: -$36,960.
The Neighborhood
This home is valued 5.1% above the L121421C - ORCHARD RIDGE GFO R5 median of $646,848. With 47 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.3% over the past year.
L121421C - ORCHARD RIDGE GFO R5
typicalThis home is +5.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,938 across all districts. With a homestead exemption claimed, that drops to $13,046 — saving $1,892 per year. That's $1,087 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% | $8,425 |
| Liberty Hill | City | 0.4694% | $3,192 |
| Williamson County | County | 0.3694% | $2,512 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $507 |
| Williamson County FM/Rd | County | 0.0443% | $301 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1966% | $14,938 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $623,810 would pay approximately $3,894 per month (principal and interest only, excluding taxes and insurance).