501 GEMMA DR, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $679,735 and $877,959, with a best estimate of $841,316. That places the property below the I461618A - TESORO median of $879,027, in a neighborhood that appreciated 28.4% over the past year.
Estimated Value Range
$841,316
$916,962
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 $679,735 and $877,959. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$42,290 for 149 sqft less living space and +$17,394 for being newer. Net adjustment: -$24,896.
Adjusted +$15,043 for 53 sqft more living space and +$34,789 for being newer. Net adjustment: +$49,832.
Adjusted +$41,439 for 146 sqft more living space and +$34,789 for being newer. Net adjustment: +$76,228.
Adjusted -$33,492 for 118 sqft less living space and +$17,394 for being newer. Net adjustment: -$16,098.
Adjusted -$101,894 for 359 sqft less living space and -$52,183 for being older. Net adjustment: -$154,077.
The Neighborhood
This home is valued 4.3% above the I461618A - TESORO median of $879,027. With 75 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 28.4% over the past year.
I461618A - TESORO
typicalThis home is +4.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,838 across all districts. With a homestead exemption claimed, that drops to $13,934 — saving $1,904 per year. That's $1,161 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% | $11,360 |
| Williamson County | County | 0.3694% | $3,388 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $683 |
| Williamson County FM/Rd | County | 0.0443% | $406 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $15,838 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $841,316 would pay approximately $5,251 per month (principal and interest only, excluding taxes and insurance).