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508 SPEED HORSE, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

3 bed2 bath2,059 sqftBuilt 2005

Property at a Glance

This home is estimated between $360,524 and $753,859, with a best estimate of $520,329. That places the property below the I145501E - Sundance Estates median of $550,751, in a neighborhood that declined 4.9% over the past year.

Estimated Value Range

$360,524 $753,859
Best Estimate
$520,329
WCAD Value
$515,643
High Confidence

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

Based on 5 comparable properties in I145501E - Sundance Estates, this home's estimated market value is between $360,524 and $753,859. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

705 SPEED HORSE, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
4 bed 3 bath 2,308 sqft Built 2007
Raw Value $594,541
Adjusted Value $520,329

Adjusted -$60,295 for 249 sqft less living space and -$13,917 for being older. Net adjustment: -$74,212.

504 SPEED HORSE, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,764 sqft Built 2001
Raw Value $428,720
Adjusted Value $527,986

Adjusted +$71,433 for 295 sqft more living space and +$27,833 for being newer. Net adjustment: +$99,266.

630 SPEED HORSE, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
4 bed 2 bath 3,017 sqft Built 2005
Raw Value $592,501
Adjusted Value $360,524

Adjusted -$231,977 for 958 sqft less living space. Net adjustment: -$231,977.

713 SPEED HORSE, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
3 bed 2 bath 2,577 sqft Built 2007
Raw Value $638,569
Adjusted Value $499,220

Adjusted -$125,432 for 518 sqft less living space and -$13,917 for being older. Net adjustment: -$139,349.

620 SPEED HORSE, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,701 sqft Built 2005
Raw Value $667,170
Adjusted Value $753,859

Adjusted +$86,689 for 358 sqft more living space. Net adjustment: +$86,689.

The Neighborhood

This home is valued 6.4% below the I145501E - Sundance Estates median of $550,751. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.9% over the past year.

I145501E - Sundance Estates

typical
253 Properties
$550,751 Median Value
-4.9% YoY Change
1% Have Pool
95% Have Garage
This Home
$515,643
Median
$550,751

This home is -6.4% below the subdivision median.

Tax Analysis

The estimated annual property tax is $8,906 across all districts. With a homestead exemption claimed, that drops to $7,076 — saving $1,830 per year. That's $590 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%$6,388
Williamson CountyCounty0.3694%$1,905
Williamson County ESD #4 - Liberty HillESD0.0745%$384
Williamson County FM/RdCounty0.0443%$229
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7272%$8,906

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $520,329 would pay approximately $3,248 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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