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242 QUARTERHORSE DR, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

4 bed3 bath3,044 sqftBuilt 1999

Property at a Glance

This home is estimated between $696,392 and $956,025, with a best estimate of $818,706. That places the property below the I140599D - SUNDANCE RANCH median of $871,225, in a neighborhood that appreciated 1.4% over the past year.

Estimated Value Range

$696,392 $956,025
Best Estimate
$818,706
WCAD Value
$768,358
Low Confidence

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

There are 5 comparable properties within range, but few are in I140599D - SUNDANCE RANCH. The estimated range of $696,392 and $956,025 should be treated as a rough guide.

Comparable Properties (5)

250 QUARTERHORSE DR, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
3 bed 2 bath 2,601 sqft Built 2000
Raw Value $672,712
Adjusted Value $843,331

Adjusted +$150,358 for 443 sqft more living space and -$4,873 for being older and +$25,134 for having a pool. Net adjustment: +$170,619.

232 SHOWHORSE DR S, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
3 bed 3 bath 2,463 sqft Built 2000
Raw Value $738,568
Adjusted Value $956,025

Adjusted +$197,196 for 581 sqft more living space and -$4,873 for being older and +$25,134 for having a pool. Net adjustment: +$217,457.

4 bed 3 bath 3,044 sqft Built 2019
Raw Value $768,725
Adjusted Value $696,392

Adjusted -$97,467 for being older and +$25,134 for having a pool. Net adjustment: -$72,333.

4 bed 3 bath 3,075 sqft Built 2019
Raw Value $866,212
Adjusted Value $783,357

Adjusted -$10,522 for 31 sqft less living space and -$97,467 for being older and +$25,134 for having a pool. Net adjustment: -$82,855.

4 bed 3 bath 2,873 sqft Built 2018
Raw Value $828,127
Adjusted Value $818,706

Adjusted +$58,039 for 171 sqft more living space and -$92,594 for being older and +$25,134 for having a pool. Net adjustment: -$9,421.

The Neighborhood

This home is valued 11.8% below the I140599D - SUNDANCE RANCH median of $871,225. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 1.4% over the past year.

I140599D - SUNDANCE RANCH

typical
297 Properties
$871,225 Median Value
+1.4% YoY Change
6% Have Pool
80% Have Garage
This Home
$768,358
Median
$871,225

This home is -11.8% below the subdivision median.

Tax Analysis

The estimated annual property tax is $13,271 across all districts. With a homestead exemption claimed, that drops to $11,394 — saving $1,877 per year. That's $950 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%$9,519
Williamson CountyCounty0.3694%$2,839
Williamson County ESD #4 - Liberty HillESD0.0745%$572
Williamson County FM/RdCounty0.0443%$341
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7272%$13,271

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $818,706 would pay approximately $5,110 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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