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240 SHOWHORSE DR N, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

3 bed2 bath2,652 sqftBuilt 2005

Property at a Glance

This home is estimated between $653,085 and $1,202,973, with a best estimate of $973,510. That places the property above the I140599D - SUNDANCE RANCH median of $871,225, in a neighborhood that appreciated 1.4% over the past year.

Estimated Value Range

$653,085 $1,202,973
Best Estimate
$973,510
WCAD Value
$799,289
High Confidence

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

Based on 5 comparable properties in I140599D - SUNDANCE RANCH, this home's estimated market value is between $653,085 and $1,202,973. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

255 SHOWHORSE DR N, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
3 bed 2 bath 2,804 sqft Built 2014
Raw Value $773,669
Adjusted Value $653,085

Adjusted -$51,590 for 152 sqft less living space and -$43,860 for being older and -$25,134 for no pool. Net adjustment: -$120,584.

145 SHOWHORSE DR N, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
4 bed 2 bath 2,155 sqft Built 2002
Raw Value $790,204
Adjusted Value $973,510

Adjusted +$168,686 for 497 sqft more living space and +$14,620 for being newer. Net adjustment: +$183,306.

201 SHOWHORSE DR N, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
3 bed 2 bath 2,300 sqft Built 2007
Raw Value $730,612
Adjusted Value $840,337

Adjusted +$119,472 for 352 sqft more living space and -$9,747 for being older. Net adjustment: +$109,725.

123 SHOWHORSE DR N, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,732 sqft Built 2001
Raw Value $871,225
Adjusted Value $1,202,973

Adjusted +$312,255 for 920 sqft more living space and +$19,493 for being newer. Net adjustment: +$331,748.

136 SHOWHORSE DR N, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
4 bed 3 bath 2,449 sqft Built 2000
Raw Value $1,012,583
Adjusted Value $1,105,850

Adjusted +$68,900 for 203 sqft more living space and +$24,367 for being newer. Net adjustment: +$93,267.

The Neighborhood

This home is valued 8.3% 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
$799,289
Median
$871,225

This home is -8.3% below the subdivision median.

Tax Analysis

The estimated annual property tax is $13,805 across all districts. With a homestead exemption claimed, that drops to $11,923 — saving $1,882 per year. That's $994 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%$9,902
Williamson CountyCounty0.3694%$2,953
Williamson County ESD #4 - Liberty HillESD0.0745%$595
Williamson County FM/RdCounty0.0443%$354
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7272%$13,805

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $973,510 would pay approximately $6,077 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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