500 GEMMA DR, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $686,670 and $884,892, with a best estimate of $848,250. That places the property below the I461618A - TESORO median of $879,027, in a neighborhood that appreciated 28.4% over the past year.
Estimated Value Range
$848,250
$909,459
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 $686,670 and $884,892. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$568 for 2 sqft less living space and -$17,394 for being older. Net adjustment: -$17,962.
Adjusted +$56,765 for 200 sqft more living space. Net adjustment: +$56,765.
Adjusted -$60,171 for 212 sqft less living space and -$86,971 for being older. Net adjustment: -$147,142.
Adjusted +$83,161 for 293 sqft more living space. Net adjustment: +$83,161.
Adjusted +$8,231 for 29 sqft more living space and -$17,394 for being older. Net adjustment: -$9,163.
The Neighborhood
This home is valued 3.5% above the I461618A - TESORO median of $879,027. With 75 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 28.4% over the past year.
I461618A - TESORO
typicalThis home is +3.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,708 across all districts. With a homestead exemption claimed, that drops to $13,805 — saving $1,903 per year. That's $1,150 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
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $11,267 |
| Williamson County | County | 0.3694% | $3,360 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $678 |
| Williamson County FM/Rd | County | 0.0443% | $403 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $15,708 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $848,250 would pay approximately $5,295 per month (principal and interest only, excluding taxes and insurance).