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505 ALAVA WAY, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

2 bed2 bath1,902 sqftBuilt 2023

Property at a Glance

This home is estimated between $364,031 and $514,990, with a best estimate of $383,285. That places the property below the G212522C - REGENCY - SANTA RITA N median of $538,503, in a neighborhood that appreciated 62.3% over the past year.

Estimated Value Range

$364,031 $514,990
Best Estimate
$383,285
WCAD Value
$444,025
Low Confidence

Based on 5 comparable properties(1 in the same subdivision)

There are 5 comparable properties within range, but few are in G212522C - REGENCY - SANTA RITA N. The estimated range of $364,031 and $514,990 should be treated as a rough guide.

Comparable Properties (5)

2 bed 1,820 sqft Built 2024
Raw Value $386,825
Adjusted Value $416,750

Adjusted +$18,297 for 82 sqft more living space and +$11,628 for being newer. Net adjustment: +$29,925.

501 ALAVA WAY, LIBERTY HILL, TX 78642
0.01 mi 95% similar Same subdivision
3 bed 3 bath 2,630 sqft Built 2022
Raw Value $557,358
Adjusted Value $383,285

Adjusted -$162,445 for 728 sqft less living space and -$11,628 for being older. Net adjustment: -$174,073.

4 bed 2 bath 2,060 sqft Built 2023
Raw Value $399,287
Adjusted Value $364,031

Adjusted -$35,256 for 158 sqft less living space. Net adjustment: -$35,256.

3 bed 2 bath 2,216 sqft Built 2024
Raw Value $424,858
Adjusted Value $366,421

Adjusted -$70,065 for 314 sqft less living space and +$11,628 for being newer. Net adjustment: -$58,437.

4 bed 2 bath 1,709 sqft Built 2022
Raw Value $483,552
Adjusted Value $514,990

Adjusted +$43,066 for 193 sqft more living space and -$11,628 for being older. Net adjustment: +$31,438.

The Neighborhood

This home is valued 17.5% below the G212522C - REGENCY - SANTA RITA N median of $538,503. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 62.3% over the past year.

G212522C - REGENCY - SANTA RITA N

below average
232 Properties
$538,503 Median Value
+62.3% YoY Change
0% Have Pool
100% Have Garage
This Home
$444,025
Median
$538,503

This home is -17.5% below the subdivision median.

Tax Analysis

The estimated annual property tax is $10,607 across all districts. With a homestead exemption claimed, that drops to $9,054 — saving $1,553 per year. That's $755 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
Georgetown ISDSchool1.0506%$4,665
Williamson County MUD #19CMUD0.8500%$3,774
Williamson CountyCounty0.3694%$1,640
Williamson County ESD #4 - Liberty HillESD0.0745%$331
Williamson County FM/RdCounty0.0443%$197
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.3889%$10,607

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $383,285 would pay approximately $2,392 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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