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242 ALICANTE LN, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

3 bed3 bath2,276 sqftBuilt 2022

Property at a Glance

This home is estimated between $479,944 and $720,912, with a best estimate of $608,508. That places the property above the G212414C - SANTA RITA N PH 1,2,3 median of $509,796, in a neighborhood that appreciated 63.0% over the past year.

Estimated Value Range

$479,944 $720,912
Best Estimate
$608,508
WCAD Value
$432,399
High Confidence

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

Based on 5 comparable properties in G212414C - SANTA RITA N PH 1,2,3, this home's estimated market value is between $479,944 and $720,912. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

238 ALICANTE LN, LIBERTY HILL, TX 78642
0.01 mi 100% similar Same subdivision
4 bed 3 bath 1,643 sqft Built 2022
Raw Value $550,907
Adjusted Value $720,912

Adjusted +$170,005 for 633 sqft more living space. Net adjustment: +$170,005.

234 ALICANTE LN, LIBERTY HILL, TX 78642
0.02 mi 100% similar Same subdivision
4 bed 3 bath 1,905 sqft Built 2022
Raw Value $527,059
Adjusted Value $626,698

Adjusted +$99,639 for 371 sqft more living space. Net adjustment: +$99,639.

221 MIRA MESA DR, LIBERTY HILL, TX 78642
0.03 mi 100% similar Same subdivision
4 bed 3 bath 2,379 sqft Built 2023
Raw Value $510,325
Adjusted Value $479,944

Adjusted -$27,663 for 103 sqft less living space and -$2,718 for being older. Net adjustment: -$30,381.

230 ALICANTE LN, LIBERTY HILL, TX 78642
0.03 mi 100% similar Same subdivision
4 bed 3 bath 2,370 sqft Built 2023
Raw Value $509,796
Adjusted Value $481,832

Adjusted -$25,246 for 94 sqft less living space and -$2,718 for being older. Net adjustment: -$27,964.

217 MIRA MESA DR, LIBERTY HILL, TX 78642
0.03 mi 100% similar Same subdivision
4 bed 3 bath 2,133 sqft Built 2023
Raw Value $572,821
Adjusted Value $608,508

Adjusted +$38,405 for 143 sqft more living space and -$2,718 for being older. Net adjustment: +$35,687.

The Neighborhood

This home is valued 15.2% below the G212414C - SANTA RITA N PH 1,2,3 median of $509,796. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 63.0% over the past year.

G212414C - SANTA RITA N PH 1,2,3

below average
2,383 Properties
$509,796 Median Value
+63.0% YoY Change
0% Have Pool
100% Have Garage
This Home
$432,399
Median
$509,796

This home is -15.2% below the subdivision median.

Tax Analysis

The estimated annual property tax is $10,734 across all districts. With a homestead exemption claimed, that drops to $8,920 — saving $1,814 per year. That's $743 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%$5,357
Williamson County MUD #19EMUD0.7553%$3,266
Williamson CountyCounty0.3694%$1,597
Williamson County ESD #4 - Liberty HillESD0.0745%$322
Williamson County FM/RdCounty0.0443%$192
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.4825%$10,734

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $608,508 would pay approximately $3,798 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 4/17/2026.

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