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261 MUSTANG MESA, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

3 bed2 bath2,346 sqftBuilt 2000

Property at a Glance

This home is estimated between $212,573 and $587,906, with a best estimate of $495,992. That places the property below the I140599D - SUNDANCE RANCH median of $871,225, in a neighborhood that appreciated 1.4% over the past year.

Estimated Value Range

$212,573 $587,906
Best Estimate
$495,992
WCAD Value
$745,375
Low Confidence

Based on 5 comparable properties(0 in the same subdivision)

There are 5 comparable properties within range, but none are in I140599D - SUNDANCE RANCH. The estimated range of $212,573 and $587,906 should be treated as a rough guide.

Comparable Properties (5)

3 bed 2,240 sqft Built 1999
Raw Value $181,024
Adjusted Value $221,874

Adjusted +$35,977 for 106 sqft more living space and +$4,873 for being newer. Net adjustment: +$40,850.

3 bed 2,100 sqft Built 2001
Raw Value $133,952
Adjusted Value $212,573

Adjusted +$83,494 for 246 sqft more living space and -$4,873 for being older. Net adjustment: +$78,621.

3 bed 2 bath 2,243 sqft Built 2007
Raw Value $512,654
Adjusted Value $513,500

Adjusted +$34,959 for 103 sqft more living space and -$34,113 for being older. Net adjustment: +$846.

3 bed 2 bath 2,633 sqft Built 2003
Raw Value $608,022
Adjusted Value $495,992

Adjusted -$97,410 for 287 sqft less living space and -$14,620 for being older. Net adjustment: -$112,030.

3 bed 2 bath 2,176 sqft Built 2016
Raw Value $608,181
Adjusted Value $587,906

Adjusted +$57,699 for 170 sqft more living space and -$77,974 for being older. Net adjustment: -$20,275.

The Neighborhood

This home is valued 14.4% below the I140599D - SUNDANCE RANCH median of $871,225. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 1.4% over the past year.

I140599D - SUNDANCE RANCH

typical
297 Properties
$871,225 Median Value
+1.4% YoY Change
6% Have Pool
80% Have Garage
This Home
$745,375
Median
$871,225

This home is -14.4% below the subdivision median.

Tax Analysis

The estimated annual property tax is $12,874 across all districts. With a homestead exemption claimed, that drops to $11,002 — saving $1,872 per year. That's $917 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%$9,234
Williamson CountyCounty0.3694%$2,754
Williamson County ESD #4 - Liberty HillESD0.0745%$555
Williamson County FM/RdCounty0.0443%$330
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7272%$12,874

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $495,992 would pay approximately $3,096 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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