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501 LORINER WAY, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

4 bed2 bath2,060 sqftBuilt 2023

Property at a Glance

This home is estimated between $392,404 and $593,321, with a best estimate of $546,468. That places the property above the I124422C - BUTLER FARMS median of $395,121, in a neighborhood that appreciated 17.6% over the past year.

Estimated Value Range

$392,404 $593,321
Best Estimate
$546,468
WCAD Value
$399,287
Low Confidence

Based on 5 comparable properties(1 in the same subdivision)

There are 5 comparable properties within range, but few are in I124422C - BUTLER FARMS. The estimated range of $392,404 and $593,321 should be treated as a rough guide.

Comparable Properties (5)

505 LORINER WAY, LIBERTY HILL, TX 78642
0.01 mi 100% similar Same subdivision
4 bed 2 bath 1,532 sqft Built 2022
Raw Value $418,487
Adjusted Value $546,468

Adjusted +$135,587 for 528 sqft more living space and -$7,606 for being older. Net adjustment: +$127,981.

4 bed 2 bath 1,709 sqft Built 2022
Raw Value $483,552
Adjusted Value $566,080

Adjusted +$90,134 for 351 sqft more living space and -$7,606 for being older. Net adjustment: +$82,528.

3 bed 2 bath 2,216 sqft Built 2024
Raw Value $424,858
Adjusted Value $392,404

Adjusted -$40,060 for 156 sqft less living space and +$7,606 for being newer. Net adjustment: -$32,454.

5 bed 3 bath 2,030 sqft Built 2024
Raw Value $578,011
Adjusted Value $593,321

Adjusted +$7,704 for 30 sqft more living space and +$7,606 for being newer. Net adjustment: +$15,310.

2 bed 2 bath 1,902 sqft Built 2023
Raw Value $444,025
Adjusted Value $484,598

Adjusted +$40,573 for 158 sqft more living space. Net adjustment: +$40,573.

The Neighborhood

This home is valued 1.1% above the I124422C - BUTLER FARMS median of $395,121. With 288 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 17.6% over the past year.

I124422C - BUTLER FARMS

typical
288 Properties
$395,121 Median Value
+17.6% YoY Change
0% Have Pool
100% Have Garage
This Home
$399,287
Median
$395,121

This home is +1.1% above the subdivision median.

Tax Analysis

The estimated annual property tax is $8,771 across all districts. With a homestead exemption claimed, that drops to $6,939 — saving $1,832 per year. That's $578 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%$4,947
Liberty HillCity0.4694%$1,874
Williamson CountyCounty0.3694%$1,475
Williamson County ESD #4 - Liberty HillESD0.0745%$297
Williamson County FM/RdCounty0.0443%$177
Butler Farms PIDpid0.0000%$0
Williamson Central Appraisal Districtcad0.0000%$0
Tax District (T16)other0.0000%$0
Total Annual Tax2.1966%$8,771

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $546,468 would pay approximately $3,411 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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