504 SUMMIT PARK LN, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $799,796 and $933,026, with a best estimate of $846,137. That places the property above the I425518B - ESTATES AT SANTA RITA RANCH median of $844,397, in a neighborhood that declined 0.5% over the past year.
Estimated Value Range
$846,137
$752,497
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in I425518B - ESTATES AT SANTA RITA RANCH, this home's estimated market value is between $799,796 and $933,026. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$132,306 for 503 sqft more living space. Net adjustment: +$132,306.
Adjusted +$71,545 for 272 sqft more living space. Net adjustment: +$71,545.
Adjusted -$92,325 for 351 sqft less living space. Net adjustment: -$92,325.
Adjusted +$127,834 for 486 sqft more living space. Net adjustment: +$127,834.
Adjusted +$141,512 for 538 sqft more living space. Net adjustment: +$141,512.
The Neighborhood
This home is valued 10.9% below the I425518B - ESTATES AT SANTA RITA RANCH median of $844,397. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.5% over the past year.
I425518B - ESTATES AT SANTA RITA RANCH
typicalThis home is -10.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $16,683 across all districts. With a homestead exemption claimed, that drops to $14,810 — saving $1,873 per year. That's $1,234 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
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $9,323 |
| Williamson County MUD #19 | MUD | 0.4899% | $3,686 |
| Williamson County | County | 0.3694% | $2,780 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $561 |
| Williamson County FM/Rd | County | 0.0443% | $334 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.2171% | $16,683 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $846,137 would pay approximately $5,282 per month (principal and interest only, excluding taxes and insurance).