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500 SPRINGCREEK DR, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

3 bed2 bath2,016 sqftBuilt 1996

Property at a Glance

This home is estimated between $206,309 and $438,322, with a best estimate of $299,146. That places the property below the I035D95E - LH ISD - South HWY 29 / WEST OF RONALD REAGAN median of $800,627, in a neighborhood that appreciated 16.3% over the past year.

Estimated Value Range

$206,309 $438,322
Best Estimate
$299,146
WCAD Value
$574,048
Low Confidence

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

There are 5 comparable properties within range, but none are in I035D95E - LH ISD - South HWY 29 / WEST OF RONALD REAGAN. The estimated range of $206,309 and $438,322 should be treated as a rough guide.

Comparable Properties (5)

3 bed 2 bath 2,136 sqft Built 2012
Raw Value $273,157
Adjusted Value $206,309

Adjusted -$47,065 for 120 sqft less living space and -$19,783 for being older. Net adjustment: -$66,848.

3 bed 2 bath 2,601 sqft Built 2000
Raw Value $672,712
Adjusted Value $438,322

Adjusted -$229,444 for 585 sqft less living space and -$4,946 for being older. Net adjustment: -$234,390.

3 bed 2,584 sqft Built 2000
Raw Value $674,733
Adjusted Value $297,435

Adjusted -$222,776 for 568 sqft less living space and -$4,946 for being older and -$149,576 for no garage. Net adjustment: -$377,298.

3 bed 2 bath 1,950 sqft Built 2021
Raw Value $501,525
Adjusted Value $346,924

Adjusted +$25,886 for 66 sqft more living space and -$30,911 for being older and -$149,576 for no garage. Net adjustment: -$154,601.

3 bed 2 bath 2,147 sqft Built 2021
Raw Value $531,013
Adjusted Value $299,146

Adjusted -$51,380 for 131 sqft less living space and -$30,911 for being older and -$149,576 for no garage. Net adjustment: -$231,867.

The Neighborhood

This home is valued 28.3% below the I035D95E - LH ISD - South HWY 29 / WEST OF RONALD REAGAN median of $800,627. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 16.3% over the past year.

I035D95E - LH ISD - South HWY 29 / WEST OF RONALD REAGAN

below average
583 Properties
$800,627 Median Value
+16.3% YoY Change
4% Have Pool
39% Have Garage
This Home
$574,048
Median
$800,627

This home is -28.3% below the subdivision median.

Tax Analysis

The estimated annual property tax is $5,087 across all districts. With a homestead exemption claimed, that drops to $3,298 — saving $1,789 per year. That's $275 per month a buyer should budget. The assessed value increased +26.2% vs the subdivision average of +16.3%. This above-average increase gives a protest opportunity score of 100 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Liberty Hill ISDSchool1.2389%$3,649
Williamson CountyCounty0.3694%$1,088
Williamson County ESD #4 - Liberty HillESD0.0745%$219
Williamson County FM/RdCounty0.0443%$131
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7272%$5,087
100 / 100

There may be a strong case to protest this appraisal.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $299,146 would pay approximately $1,867 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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