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506 GREAT LAWN BND, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

4 bed3 bath2,900 sqftBuilt 2023

Property at a Glance

This home is estimated between $752,412 and $995,100, with a best estimate of $922,616. That places the property above the G212414C - SANTA RITA N PH 1,2,3 median of $509,796, in a neighborhood that appreciated 63.0% over the past year.

Estimated Value Range

$752,412 $995,100
Best Estimate
$922,616
WCAD Value
$645,358
Low Confidence

Based on 5 comparable properties(2 in the same subdivision)

There are 5 comparable properties within range, but few are in G212414C - SANTA RITA N PH 1,2,3. The estimated range of $752,412 and $995,100 should be treated as a rough guide.

Comparable Properties (5)

230 JATES FIELD BND, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
4 bed 3 bath 2,867 sqft Built 2024
Raw Value $967,671
Adjusted Value $973,816

Adjusted +$8,863 for 33 sqft more living space and -$2,718 for being older. Net adjustment: +$6,145.

4 bed 3 bath 2,995 sqft Built 2021
Raw Value $772,489
Adjusted Value $752,412

Adjusted -$25,514 for 95 sqft less living space and +$5,437 for being newer. Net adjustment: -$20,077.

4 bed 3 bath 2,854 sqft Built 2025
Raw Value $988,183
Adjusted Value $995,100

Adjusted +$12,354 for 46 sqft more living space and -$5,437 for being older. Net adjustment: +$6,917.

4 bed 3 bath 2,904 sqft Built 2015
Raw Value $901,943
Adjusted Value $922,616

Adjusted -$1,074 for 4 sqft less living space and +$21,747 for being newer. Net adjustment: +$20,673.

551 GREAT LAWN BND, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
4 bed 3 bath 2,099 sqft Built 2024
Raw Value $694,223
Adjusted Value $906,629

Adjusted +$215,124 for 801 sqft more living space and -$2,718 for being older. Net adjustment: +$212,406.

The Neighborhood

This home is valued 26.6% above the G212414C - SANTA RITA N PH 1,2,3 median of $509,796. With 2,383 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 63.0% over the past year.

G212414C - SANTA RITA N PH 1,2,3

above average
2,383 Properties
$509,796 Median Value
+63.0% YoY Change
0% Have Pool
100% Have Garage
This Home
$645,358
Median
$509,796

This home is +26.6% above the subdivision median.

Tax Analysis

The estimated annual property tax is $16,487 across all districts. With a homestead exemption claimed, that drops to $14,634 — saving $1,853 per year. That's $1,220 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%$7,995
Williamson County MUD #19BMUD0.8276%$5,341
Williamson CountyCounty0.3694%$2,384
Williamson County ESD #4 - Liberty HillESD0.0745%$481
Williamson County FM/RdCounty0.0443%$286
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.5548%$16,487

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $922,616 would pay approximately $5,759 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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