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518 GREAT LAWN BND, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

5 bed3 bath2,808 sqftBuilt 2022

Property at a Glance

This home is estimated between $724,984 and $967,674, with a best estimate of $895,189. 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

$724,984 $967,674
Best Estimate
$895,189
WCAD Value
$551,828
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 $724,984 and $967,674 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 $946,388

Adjusted -$15,846 for 59 sqft less living space and -$5,437 for being older. Net adjustment: -$21,283.

4 bed 3 bath 2,854 sqft Built 2025
Raw Value $988,183
Adjusted Value $967,674

Adjusted -$12,354 for 46 sqft less living space and -$8,155 for being older. Net adjustment: -$20,509.

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 $879,202

Adjusted +$190,416 for 709 sqft more living space and -$5,437 for being older. Net adjustment: +$184,979.

4 bed 3 bath 2,995 sqft Built 2021
Raw Value $772,489
Adjusted Value $724,984

Adjusted -$50,223 for 187 sqft less living space and +$2,718 for being newer. Net adjustment: -$47,505.

4 bed 3 bath 2,904 sqft Built 2015
Raw Value $901,943
Adjusted Value $895,189

Adjusted -$25,783 for 96 sqft less living space and +$19,029 for being newer. Net adjustment: -$6,754.

The Neighborhood

This home is valued 8.2% 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

typical
2,383 Properties
$509,796 Median Value
+63.0% YoY Change
0% Have Pool
100% Have Garage
This Home
$551,828
Median
$509,796

This home is +8.2% above the subdivision median.

Tax Analysis

The estimated annual property tax is $14,098 across all districts. With a homestead exemption claimed, that drops to $12,262 — saving $1,836 per year. That's $1,022 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%$6,837
Williamson County MUD #19BMUD0.8276%$4,567
Williamson CountyCounty0.3694%$2,039
Williamson County ESD #4 - Liberty HillESD0.0745%$411
Williamson County FM/RdCounty0.0443%$245
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.5548%$14,098

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $895,189 would pay approximately $5,588 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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