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421 OCATE MESA TRL, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

4 bed3 bath2,364 sqftBuilt 2021

Property at a Glance

This home is estimated between $527,006 and $699,185, with a best estimate of $623,906. That places the property below 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

$527,006 $699,185
Best Estimate
$623,906
WCAD Value
$685,138
Medium Confidence

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 $527,006 and $699,185. More comparables in the same subdivision would strengthen this estimate.

Comparable Properties (5)

425 OCATE MESA TRL, LIBERTY HILL, TX 78642
0.01 mi 100% similar Same subdivision
4 bed 3 bath 2,705 sqft Built 2020
Raw Value $785,451
Adjusted Value $699,185

Adjusted -$89,761 for 341 sqft less living space and +$3,495 for being newer. Net adjustment: -$86,266.

417 OCATE MESA TRL, LIBERTY HILL, TX 78642
0.01 mi 100% similar Same subdivision
4 bed 3 bath 3,667 sqft Built 2020
Raw Value $866,500
Adjusted Value $527,006

Adjusted -$342,989 for 1,303 sqft less living space and +$3,495 for being newer. Net adjustment: -$339,494.

413 OCATE MESA TRL, LIBERTY HILL, TX 78642
0.02 mi 100% similar Same subdivision
4 bed 3 bath 3,161 sqft Built 2021
Raw Value $822,364
Adjusted Value $612,570

Adjusted -$209,794 for 797 sqft less living space. Net adjustment: -$209,794.

436 OCATE MESA TRL, LIBERTY HILL, TX 78642
0.04 mi 100% similar Same subdivision
4 bed 3 bath 3,413 sqft Built 2020
Raw Value $896,539
Adjusted Value $623,906

Adjusted -$276,128 for 1,049 sqft less living space and +$3,495 for being newer. Net adjustment: -$272,633.

3 bed 3 bath 2,432 sqft Built 2017
Raw Value $642,293
Adjusted Value $638,373

Adjusted -$17,900 for 68 sqft less living space and +$13,980 for being newer. Net adjustment: -$3,920.

The Neighborhood

This home is valued 18.5% below the I460514C - RANCHO SANTA FE / ESTATES AT STONEWALL RANCH median of $840,397. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.6% over the past year.

I460514C - RANCHO SANTA FE / ESTATES AT STONEWALL RANCH

below average
169 Properties
$840,397 Median Value
-3.6% YoY Change
1% Have Pool
100% Have Garage
This Home
$685,138
Median
$840,397

This home is -18.5% below the subdivision median.

Tax Analysis

The estimated annual property tax is $15,224 across all districts. With a homestead exemption claimed, that drops to $13,363 — saving $1,861 per year. That's $1,114 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%$8,488
Watch Hill MUDMUD0.4948%$3,390
Williamson CountyCounty0.3694%$2,531
Williamson County ESD #4 - Liberty HillESD0.0745%$510
Williamson County FM/RdCounty0.0443%$304
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.2220%$15,224

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $623,906 would pay approximately $3,894 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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