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505 BUFFALO TRL, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

3 bed2 bath2,408 sqftBuilt 2020

Property at a Glance

This home is estimated between $397,223 and $666,698, with a best estimate of $425,998. That places the property below the I123415C - RIO ANCHO median of $775,721, in a neighborhood that declined 5.0% over the past year.

Estimated Value Range

$397,223 $666,698
Best Estimate
$425,998
WCAD Value
$630,379
Low Confidence

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

There are 5 comparable properties within range, but few are in I123415C - RIO ANCHO. The estimated range of $397,223 and $666,698 should be treated as a rough guide.

Comparable Properties (5)

501 BUFFALO TRL, LIBERTY HILL, TX 78642
0.01 mi 100% similar Same subdivision
3 bed 2,872 sqft Built 2018
Raw Value $796,043
Adjusted Value $666,698

Adjusted -$129,345 for 464 sqft less living space. Net adjustment: -$129,345.

3 bed 2,176 sqft Built 2016
Raw Value $301,133
Adjusted Value $425,998

Adjusted +$64,672 for 232 sqft more living space and +$60,193 for having a garage. Net adjustment: +$124,865.

3 bed 2 bath 2,153 sqft Built 2012
Raw Value $326,139
Adjusted Value $397,223

Adjusted +$71,084 for 255 sqft more living space. Net adjustment: +$71,084.

3 bed 2 bath 2,206 sqft Built 2009
Raw Value $341,380
Adjusted Value $397,690

Adjusted +$56,310 for 202 sqft more living space. Net adjustment: +$56,310.

509 BUFFALO TRL, LIBERTY HILL, TX 78642
0.01 mi 97% similar Same subdivision
4 bed 3 bath 3,051 sqft Built 2016
Raw Value $716,136
Adjusted Value $536,893

Adjusted -$179,243 for 643 sqft less living space. Net adjustment: -$179,243.

The Neighborhood

This home is valued 18.7% below the I123415C - RIO ANCHO median of $775,721. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 5.0% over the past year.

I123415C - RIO ANCHO

below average
72 Properties
$775,721 Median Value
-5.0% YoY Change
1% Have Pool
99% Have Garage
This Home
$630,379
Median
$775,721

This home is -18.7% below the subdivision median.

Tax Analysis

The estimated annual property tax is $10,888 across all districts. With a homestead exemption claimed, that drops to $9,037 — saving $1,851 per year. That's $753 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%$7,810
Williamson CountyCounty0.3694%$2,329
Williamson County ESD #4 - Liberty HillESD0.0745%$470
Williamson County FM/RdCounty0.0443%$279
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7272%$10,888

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $425,998 would pay approximately $2,659 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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