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518 SPRINGCREEK DR, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

4 bed2 bath1,600 sqftBuilt 1996

Property at a Glance

This home is estimated between $142,304 and $340,350, with a best estimate of $295,506. 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

$142,304 $340,350
Best Estimate
$295,506
WCAD Value
$768,539
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 $142,304 and $340,350 should be treated as a rough guide.

Comparable Properties (5)

4 bed 1,638 sqft Built 2021
Raw Value $527,967
Adjusted Value $332,576

Adjusted -$14,904 for 38 sqft less living space and -$30,911 for being older and -$149,576 for no garage. Net adjustment: -$195,391.

3 bed 2 bath 1,621 sqft Built 2021
Raw Value $529,073
Adjusted Value $340,350

Adjusted -$8,236 for 21 sqft less living space and -$30,911 for being older and -$149,576 for no garage. Net adjustment: -$188,723.

3 bed 2 bath 1,629 sqft Built 2021
Raw Value $427,974
Adjusted Value $236,113

Adjusted -$11,374 for 29 sqft less living space and -$30,911 for being older and -$149,576 for no garage. Net adjustment: -$191,861.

3 bed 1,602 sqft Built 2022
Raw Value $324,811
Adjusted Value $142,304

Adjusted -$784 for 2 sqft less living space and -$32,147 for being older and -$149,576 for no garage. Net adjustment: -$182,507.

3 bed 2 bath 1,756 sqft Built 2021
Raw Value $537,178
Adjusted Value $295,506

Adjusted -$61,185 for 156 sqft less living space and -$30,911 for being older and -$149,576 for no garage. Net adjustment: -$241,672.

The Neighborhood

This home is valued 4.0% 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

typical
583 Properties
$800,627 Median Value
+16.3% YoY Change
4% Have Pool
39% Have Garage
This Home
$768,539
Median
$800,627

This home is -4.0% below the subdivision median.

Tax Analysis

The estimated annual property tax is $13,274 across all districts. With a homestead exemption claimed, that drops to $11,398 — saving $1,876 per year. That's $950 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%$9,521
Williamson CountyCounty0.3694%$2,839
Williamson County ESD #4 - Liberty HillESD0.0745%$573
Williamson County FM/RdCounty0.0443%$341
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7272%$13,274

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $295,506 would pay approximately $1,845 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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