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508 CANYONCREST WAY, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

4 bed3 bath2,189 sqftBuilt 2025

Property at a Glance

This home is estimated between $448,193 and $642,888, with a best estimate of $626,718. That places the property above the I133422B - SADDLEBACK median of $458,374, in a neighborhood that appreciated 95.7% over the past year.

Estimated Value Range

$448,193 $642,888
Best Estimate
$626,718
WCAD Value
$500,447
Medium Confidence

Based on 5 comparable properties(3 in the same subdivision)

Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $448,193 and $642,888. More comparables in the same subdivision would strengthen this estimate.

Comparable Properties (5)

504 OLINDA WAY, LIBERTY HILL, TX 78642
0.01 mi 100% similar Same subdivision
5 bed 3 bath 1,588 sqft Built 2024
Raw Value $457,541
Adjusted Value $626,718

Adjusted +$171,457 for 601 sqft more living space and -$2,280 for being older. Net adjustment: +$169,177.

504 CANYONCREST WAY, LIBERTY HILL, TX 78642
0.01 mi 100% similar Same subdivision
5 bed 3 bath 2,007 sqft Built 2025
Raw Value $590,966
Adjusted Value $642,888

Adjusted +$51,922 for 182 sqft more living space. Net adjustment: +$51,922.

4 bed 3 bath 2,196 sqft Built 2019
Raw Value $635,419
Adjusted Value $619,740

Adjusted -$1,997 for 7 sqft less living space and -$13,682 for being older. Net adjustment: -$15,679.

500 OLINDA WAY, LIBERTY HILL, TX 78642
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,970 sqft Built 2024
Raw Value $387,995
Adjusted Value $448,193

Adjusted +$62,478 for 219 sqft more living space and -$2,280 for being older. Net adjustment: +$60,198.

4 bed 3 bath 2,069 sqft Built 2022
Raw Value $612,084
Adjusted Value $639,477

Adjusted +$34,234 for 120 sqft more living space and -$6,841 for being older. Net adjustment: +$27,393.

The Neighborhood

This home is valued 9.2% above the I133422B - SADDLEBACK median of $458,374. With 312 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 95.7% over the past year.

I133422B - SADDLEBACK

typical
312 Properties
$458,374 Median Value
+95.7% YoY Change
0% Have Pool
97% Have Garage
This Home
$500,447
Median
$458,374

This home is +9.2% above the subdivision median.

Tax Analysis

The estimated annual property tax is $12,897 across all districts. With a homestead exemption claimed, that drops to $11,070 — saving $1,827 per year. That's $923 per month a buyer should budget. The assessed value increased +400.4% vs the subdivision average of +95.7%. This above-average increase gives a protest opportunity score of 100 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Liberty Hill ISDSchool1.2389%$6,200
Williamson County MUD #19HMUD0.8500%$4,254
Williamson CountyCounty0.3694%$1,849
Williamson County ESD #4 - Liberty HillESD0.0745%$373
Williamson County FM/RdCounty0.0443%$222
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.5772%$12,897
100 / 100

There may be a strong case to protest this appraisal.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $626,718 would pay approximately $3,912 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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