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516 CANYONCREST WAY, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

4 bed2 bath2,217 sqftBuilt 2025

Property at a Glance

This home is estimated between $388,243 and $574,269, with a best estimate of $488,445. That places the property above the I133422B - SADDLEBACK median of $458,374, in a neighborhood that appreciated 95.7% over the past year.

Estimated Value Range

$388,243 $574,269
Best Estimate
$488,445
WCAD Value
$427,571
Low Confidence

Based on 5 comparable properties(2 in the same subdivision)

There are 5 comparable properties within range, but few are in I133422B - SADDLEBACK. The estimated range of $388,243 and $574,269 should be treated as a rough guide.

Comparable Properties (5)

516 OLINDA WAY, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
4 bed 2 bath 1,684 sqft Built 2024
Raw Value $417,971
Adjusted Value $567,749

Adjusted +$152,058 for 533 sqft more living space and -$2,280 for being older. Net adjustment: +$149,778.

4 bed 2 bath 2,060 sqft Built 2023
Raw Value $399,287
Adjusted Value $439,516

Adjusted +$44,790 for 157 sqft more living space and -$4,561 for being older. Net adjustment: +$40,229.

512 OLINDA WAY, LIBERTY HILL, TX 78642
0.01 mi 100% similar Same subdivision
5 bed 3 bath 1,801 sqft Built 2024
Raw Value $457,870
Adjusted Value $574,269

Adjusted +$118,679 for 416 sqft more living space and -$2,280 for being older. Net adjustment: +$116,399.

4 bed 3 bath 2,267 sqft Built 2022
Raw Value $509,550
Adjusted Value $488,445

Adjusted -$14,264 for 50 sqft less living space and -$6,841 for being older. Net adjustment: -$21,105.

3 bed 2 bath 2,391 sqft Built 2017
Raw Value $456,125
Adjusted Value $388,243

Adjusted -$49,640 for 174 sqft less living space and -$18,242 for being older. Net adjustment: -$67,882.

The Neighborhood

This home is valued 6.7% below the I133422B - SADDLEBACK median of $458,374. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 95.7% over the past year.

I133422B - SADDLEBACK

typical
312 Properties
$458,374 Median Value
+95.7% YoY Change
0% Have Pool
97% Have Garage
This Home
$427,571
Median
$458,374

This home is -6.7% below the subdivision median.

Tax Analysis

The estimated annual property tax is $11,019 across all districts. With a homestead exemption claimed, that drops to $9,206 — saving $1,813 per year. That's $767 per month a buyer should budget. The assessed value increased +327.6% vs the subdivision average of +95.7%. This above-average increase gives a protest opportunity score of 100 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Liberty Hill ISDSchool1.2389%$5,297
Williamson County MUD #19HMUD0.8500%$3,634
Williamson CountyCounty0.3694%$1,580
Williamson County ESD #4 - Liberty HillESD0.0745%$319
Williamson County FM/RdCounty0.0443%$190
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.5772%$11,019
100 / 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 $488,445 would pay approximately $3,049 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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