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508 OCATE MESA TRL, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

4 bed3 bath3,557 sqftBuilt 2021

Property at a Glance

This home is estimated between $920,424 and $1,188,677, with a best estimate of $1,042,700. That places the property above the I460514C - RANCHO SANTA FE / ESTATES AT STONEWALL RANCH median of $840,397, in a neighborhood that declined 3.6% over the past year.

Estimated Value Range

$920,424 $1,188,677
Best Estimate
$1,042,700
WCAD Value
$872,834
Low Confidence

Based on 5 comparable properties(1 in the same subdivision)

There are 5 comparable properties within range, but few are in I460514C - RANCHO SANTA FE / ESTATES AT STONEWALL RANCH. The estimated range of $920,424 and $1,188,677 should be treated as a rough guide.

Comparable Properties (5)

4 bed 3 bath 3,344 sqft Built 2018
Raw Value $976,147
Adjusted Value $1,042,700

Adjusted +$56,068 for 213 sqft more living space and +$10,485 for being newer. Net adjustment: +$66,553.

428 OCATE MESA TRL, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
4 bed 3 bath 2,995 sqft Built 2021
Raw Value $772,489
Adjusted Value $920,424

Adjusted +$147,935 for 562 sqft more living space. Net adjustment: +$147,935.

4 bed 3 bath 3,350 sqft Built 2015
Raw Value $1,065,297
Adjusted Value $1,140,755

Adjusted +$54,489 for 207 sqft more living space and +$20,969 for being newer. Net adjustment: +$75,458.

4 bed 4 bath 3,645 sqft Built 2018
Raw Value $968,468
Adjusted Value $955,789

Adjusted -$23,164 for 88 sqft less living space and +$10,485 for being newer. Net adjustment: -$12,679.

3 bed 3,579 sqft Built 2016
Raw Value $1,176,993
Adjusted Value $1,188,677

Adjusted -$5,791 for 22 sqft less living space and +$17,475 for being newer. Net adjustment: +$11,684.

The Neighborhood

This home is valued 3.9% above the I460514C - RANCHO SANTA FE / ESTATES AT STONEWALL RANCH median of $840,397. With 169 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.6% over the past year.

I460514C - RANCHO SANTA FE / ESTATES AT STONEWALL RANCH

typical
169 Properties
$840,397 Median Value
-3.6% YoY Change
1% Have Pool
100% Have Garage
This Home
$872,834
Median
$840,397

This home is +3.9% above the subdivision median.

Tax Analysis

The estimated annual property tax is $19,394 across all districts. With a homestead exemption claimed, that drops to $17,498 — saving $1,896 per year. That's $1,458 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%$10,814
Watch Hill MUDMUD0.4948%$4,319
Williamson CountyCounty0.3694%$3,225
Williamson County ESD #4 - Liberty HillESD0.0745%$650
Williamson County FM/RdCounty0.0443%$387
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.2220%$19,394

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $1,042,700 would pay approximately $6,509 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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