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501 CR 279, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

3 bed3 bath1,886 sqftBuilt 1950

Property at a Glance

This home is estimated between $117,299 and $1,496,117, with a best estimate of $348,822. 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

$117,299 $1,496,117
Best Estimate
$348,822
WCAD Value
$4,022,179
Medium Confidence

Based on 5 comparable properties(4 in the same subdivision)

Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $117,299 and $1,496,117. More comparables in the same subdivision would strengthen this estimate.

Comparable Properties (5)

901 CR 279, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
3 bed 2 bath 2,040 sqft Built 1943
Raw Value $400,568
Adjusted Value $348,822

Adjusted -$60,401 for 154 sqft less living space and +$8,655 for being newer. Net adjustment: -$51,746.

430 CR 279, LIBERTY HILL, TX 78642
0.00 mi 92% similar Same subdivision
3 bed 1,600 sqft Built 1986
Raw Value $479,656
Adjusted Value $547,317

Adjusted +$112,172 for 286 sqft more living space and -$44,511 for being older. Net adjustment: +$67,661.

1130 CR 279, LIBERTY HILL, TX 78642
0.00 mi 91% similar Same subdivision
3 bed 2,537 sqft Built 1922
Raw Value $507,274
Adjusted Value $286,564

Adjusted -$255,330 for 651 sqft less living space and +$34,620 for being newer. Net adjustment: -$220,710.

1500 CR 279, LIBERTY HILL, TX 78642
0.00 mi 91% similar Same subdivision
3 bed 2 bath 1,996 sqft Built 1993
Raw Value $1,592,426
Adjusted Value $1,496,117

Adjusted -$43,143 for 110 sqft less living space and -$53,166 for being older. Net adjustment: -$96,309.

3 bed 2 bath 2,182 sqft Built 1935
Raw Value $451,854
Adjusted Value $117,299

Adjusted -$116,095 for 296 sqft less living space and +$18,546 for being newer and -$87,430 for no pool and -$149,576 for no garage. Net adjustment: -$334,555.

The Neighborhood

This home is valued 402.4% above the I035D95E - LH ISD - South HWY 29 / WEST OF RONALD REAGAN median of $800,627. With 583 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 16.3% over the past year.

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

outlier high
583 Properties
$800,627 Median Value
+16.3% YoY Change
4% Have Pool
39% Have Garage
This Home
$4,022,179
Median
$800,627

This home is +402.4% above the subdivision median.

Tax Analysis

The estimated annual property tax is $9,818 across all districts. With a homestead exemption claimed, that drops to $7,978 — saving $1,840 per year. That's $665 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%$7,042
Williamson CountyCounty0.3694%$2,100
Williamson County ESD #4 - Liberty HillESD0.0745%$423
Williamson County FM/RdCounty0.0443%$252
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7272%$9,818

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $348,822 would pay approximately $2,177 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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