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505 LIMESTONE RD, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

5 bed3 bath1,774 sqftBuilt 2018

Property at a Glance

This home is estimated between $342,999 and $453,130, with a best estimate of $374,387. That places the property above the I101407F - Stonewall Ranch median of $364,278, in a neighborhood that appreciated 18.3% over the past year.

Estimated Value Range

$342,999 $453,130
Best Estimate
$374,387
WCAD Value
$430,414
High Confidence

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

Based on 5 comparable properties in I101407F - Stonewall Ranch, this home's estimated market value is between $342,999 and $453,130. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

509 LIMESTONE RD, LIBERTY HILL, TX 78642
0.01 mi 100% similar Same subdivision
5 bed 3 bath 1,589 sqft Built 2018
Raw Value $407,481
Adjusted Value $453,130

Adjusted +$45,649 for 185 sqft more living space. Net adjustment: +$45,649.

501 LIMESTONE RD, LIBERTY HILL, TX 78642
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,680 sqft Built 2018
Raw Value $351,193
Adjusted Value $374,387

Adjusted +$23,194 for 94 sqft more living space. Net adjustment: +$23,194.

513 LIMESTONE RD, LIBERTY HILL, TX 78642
0.02 mi 100% similar Same subdivision
5 bed 2 bath 1,556 sqft Built 2020
Raw Value $393,211
Adjusted Value $445,868

Adjusted +$53,791 for 218 sqft more living space and -$1,134 for being older. Net adjustment: +$52,657.

284 MAGNA LN, LIBERTY HILL, TX 78642
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,680 sqft Built 2018
Raw Value $351,043
Adjusted Value $374,237

Adjusted +$23,194 for 94 sqft more living space. Net adjustment: +$23,194.

413 LIMESTONE RD, LIBERTY HILL, TX 78642
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,726 sqft Built 2018
Raw Value $331,155
Adjusted Value $342,999

Adjusted +$11,844 for 48 sqft more living space. Net adjustment: +$11,844.

The Neighborhood

This home is valued 18.2% above the I101407F - Stonewall Ranch median of $364,278. With 1,031 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 18.3% over the past year.

I101407F - Stonewall Ranch

above average
1,031 Properties
$364,278 Median Value
+18.3% YoY Change
0% Have Pool
100% Have Garage
This Home
$430,414
Median
$364,278

This home is +18.2% above the subdivision median.

Tax Analysis

The estimated annual property tax is $10,522 across all districts. With a homestead exemption claimed, that drops to $8,708 — saving $1,814 per year. That's $726 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%$5,332
Stonewall Ranch MUDMUD0.7175%$3,088
Williamson CountyCounty0.3694%$1,590
Williamson County ESD #4 - Liberty HillESD0.0745%$321
Williamson County FM/RdCounty0.0443%$191
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.4447%$10,522

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $374,387 would pay approximately $2,337 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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