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501 ALAVA WAY, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

3 bed3 bath2,630 sqftBuilt 2022

Property at a Glance

This home is estimated between $540,493 and $735,150, with a best estimate of $590,720. That places the property above the G212522C - REGENCY - SANTA RITA N median of $538,503, in a neighborhood that appreciated 62.3% over the past year.

Estimated Value Range

$540,493 $735,150
Best Estimate
$590,720
WCAD Value
$557,358
Low Confidence

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

There are 5 comparable properties within range, but few are in G212522C - REGENCY - SANTA RITA N. The estimated range of $540,493 and $735,150 should be treated as a rough guide.

Comparable Properties (5)

3 bed 3 bath 2,617 sqft Built 2015
Raw Value $669,215
Adjusted Value $590,720

Adjusted +$2,901 for 13 sqft more living space and -$81,396 for being older. Net adjustment: -$78,495.

505 ALAVA WAY, LIBERTY HILL, TX 78642
0.01 mi 95% similar Same subdivision
2 bed 2 bath 1,902 sqft Built 2023
Raw Value $444,025
Adjusted Value $618,098

Adjusted +$162,445 for 728 sqft more living space and +$11,628 for being newer. Net adjustment: +$174,073.

4 bed 3 bath 3,022 sqft Built 2016
Raw Value $734,879
Adjusted Value $577,641

Adjusted -$87,470 for 392 sqft less living space and -$69,768 for being older. Net adjustment: -$157,238.

3 bed 2 bath 2,216 sqft Built 2024
Raw Value $424,858
Adjusted Value $540,493

Adjusted +$92,379 for 414 sqft more living space and +$23,256 for being newer. Net adjustment: +$115,635.

5 bed 3 bath 2,030 sqft Built 2024
Raw Value $578,011
Adjusted Value $735,150

Adjusted +$133,883 for 600 sqft more living space and +$23,256 for being newer. Net adjustment: +$157,139.

The Neighborhood

This home is valued 3.5% above the G212522C - REGENCY - SANTA RITA N median of $538,503. With 232 homes in the subdivision, the property sits in the upper tier. 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
$557,358
Median
$538,503

This home is +3.5% above the subdivision median.

Tax Analysis

The estimated annual property tax is $13,315 across all districts. With a homestead exemption claimed, that drops to $11,741 — saving $1,574 per year. That's $978 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
Georgetown ISDSchool1.0506%$5,856
Williamson County MUD #19CMUD0.8500%$4,738
Williamson CountyCounty0.3694%$2,059
Williamson County ESD #4 - Liberty HillESD0.0745%$415
Williamson County FM/RdCounty0.0443%$247
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.3889%$13,315

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $590,720 would pay approximately $3,687 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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