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501 COUNTY ROAD 206, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

3 bed2 bath2,144 sqftBuilt 2008

Property at a Glance

This home is estimated between $96,281 and $823,718, with a best estimate of $543,161. That places the property below the I030D80G - NORTH HWY 29 median of $594,861, in a neighborhood that appreciated 3.1% over the past year.

Estimated Value Range

$96,281 $823,718
Best Estimate
$543,161
WCAD Value
$812,842
Medium Confidence

Based on 5 comparable properties(4 in the same subdivision)

Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $96,281 and $823,718. More comparables in the same subdivision would strengthen this estimate.

Comparable Properties (5)

505 ROLLING HILLS RD, LIBERTY HILL, TX 78642
0.01 mi 100% similar Same subdivision
3 bed 2 bath 2,463 sqft Built 2007
Raw Value $640,961
Adjusted Value $548,288

Adjusted -$95,758 for 319 sqft less living space and +$3,085 for being newer. Net adjustment: -$92,673.

405 BLESSING RANCH RD, LIBERTY HILL, TX 78642
0.04 mi 100% similar Same subdivision
3 bed 2 bath 1,666 sqft Built 2002
Raw Value $661,720
Adjusted Value $823,718

Adjusted +$143,487 for 478 sqft more living space and +$18,511 for being newer. Net adjustment: +$161,998.

509 ROLLING HILLS RD, LIBERTY HILL, TX 78642
0.02 mi 97% similar Same subdivision
3 bed 2 bath 4,323 sqft Built 2007
Raw Value $747,291
Adjusted Value $96,281

Adjusted -$654,095 for 2,179 sqft less living space and +$3,085 for being newer. Net adjustment: -$651,010.

505 BLESSING RANCH RD, LIBERTY HILL, TX 78642
0.01 mi 96% similar Same subdivision
3 bed 2 bath 2,426 sqft Built 1970
Raw Value $510,578
Adjusted Value $543,161

Adjusted -$84,651 for 282 sqft less living space and +$117,234 for being newer. Net adjustment: +$32,583.

3 bed 2 bath 1,731 sqft Built 2018
Raw Value $328,205
Adjusted Value $421,329

Adjusted +$123,975 for 413 sqft more living space and -$30,851 for being older. Net adjustment: +$93,124.

The Neighborhood

This home is valued 36.6% above the I030D80G - NORTH HWY 29 median of $594,861. With 1,319 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 3.1% over the past year.

I030D80G - NORTH HWY 29

above average
1,319 Properties
$594,861 Median Value
+3.1% YoY Change
3% Have Pool
42% Have Garage
This Home
$812,842
Median
$594,861

This home is +36.6% above the subdivision median.

Tax Analysis

The estimated annual property tax is $14,039 across all districts. With a homestead exemption claimed, that drops to $12,155 — saving $1,884 per year. That's $1,013 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%$10,070
Williamson CountyCounty0.3694%$3,003
Williamson County ESD #4 - Liberty HillESD0.0745%$606
Williamson County FM/RdCounty0.0443%$360
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7272%$14,039

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $543,161 would pay approximately $3,390 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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