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505 HALLWOOD DR, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

3 bed2 bath2,100 sqftBuilt 2022

Property at a Glance

This home is estimated between $468,860 and $497,951, with a best estimate of $475,489. That places the property below the G212522C - REGENCY - SANTA RITA N median of $538,503, in a neighborhood that appreciated 62.3% over the past year.

Estimated Value Range

$468,860 $497,951
Best Estimate
$475,489
WCAD Value
$476,629
High Confidence

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

Based on 5 comparable properties in G212522C - REGENCY - SANTA RITA N, this home's estimated market value is between $468,860 and $497,951. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

509 HALLWOOD DR, LIBERTY HILL, TX 78642
0.01 mi 100% similar Same subdivision
2 bed 2 bath 2,452 sqft Built 2022
Raw Value $554,034
Adjusted Value $475,489

Adjusted -$78,545 for 352 sqft less living space. Net adjustment: -$78,545.

513 HALLWOOD DR, LIBERTY HILL, TX 78642
0.02 mi 100% similar Same subdivision
2 bed 2 bath 2,073 sqft Built 2022
Raw Value $465,353
Adjusted Value $471,378

Adjusted +$6,025 for 27 sqft more living space. Net adjustment: +$6,025.

508 HALLWOOD DR, LIBERTY HILL, TX 78642
0.04 mi 100% similar Same subdivision
2 bed 2 bath 2,212 sqft Built 2022
Raw Value $522,942
Adjusted Value $497,951

Adjusted -$24,991 for 112 sqft less living space. Net adjustment: -$24,991.

504 HALLWOOD DR, LIBERTY HILL, TX 78642
0.04 mi 100% similar Same subdivision
2 bed 2 bath 1,932 sqft Built 2022
Raw Value $446,179
Adjusted Value $483,666

Adjusted +$37,487 for 168 sqft more living space. Net adjustment: +$37,487.

500 HALLWOOD DR, LIBERTY HILL, TX 78642
0.04 mi 100% similar Same subdivision
2 bed 2 bath 1,803 sqft Built 2023
Raw Value $390,960
Adjusted Value $468,860

Adjusted +$66,272 for 297 sqft more living space and +$11,628 for being newer. Net adjustment: +$77,900.

The Neighborhood

This home is valued 11.5% below the G212522C - REGENCY - SANTA RITA N median of $538,503. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 62.3% over the past year.

G212522C - REGENCY - SANTA RITA N

typical
232 Properties
$538,503 Median Value
+62.3% YoY Change
0% Have Pool
100% Have Garage
This Home
$476,629
Median
$538,503

This home is -11.5% below the subdivision median.

Tax Analysis

The estimated annual property tax is $12,284 across all districts. With a homestead exemption claimed, that drops to $10,461 — saving $1,823 per year. That's $872 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%$5,905
Williamson County MUD #19CMUD0.8500%$4,051
Williamson CountyCounty0.3694%$1,761
Williamson County ESD #4 - Liberty HillESD0.0745%$355
Williamson County FM/RdCounty0.0443%$211
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.5772%$12,284

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $475,489 would pay approximately $2,968 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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