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500 HALLWOOD DR, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

2 bed2 bath1,803 sqftBuilt 2023

Property at a Glance

This home is estimated between $386,078 and $420,050, with a best estimate of $398,729. That places the property below the G212522C - REGENCY - SANTA RITA N median of $538,503, in a neighborhood that appreciated 62.3% over the past year.

Estimated Value Range

$386,078 $420,050
Best Estimate
$398,729
WCAD Value
$390,960
High Confidence

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

Based on 5 comparable properties in G212522C - REGENCY - SANTA RITA N, this home's estimated market value is between $386,078 and $420,050. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

504 HALLWOOD DR, LIBERTY HILL, TX 78642
0.02 mi 100% similar Same subdivision
2 bed 2 bath 1,932 sqft Built 2022
Raw Value $446,179
Adjusted Value $405,766

Adjusted -$28,785 for 129 sqft less living space and -$11,628 for being older. Net adjustment: -$40,413.

508 HALLWOOD DR, LIBERTY HILL, TX 78642
0.02 mi 100% similar Same subdivision
2 bed 2 bath 2,212 sqft Built 2022
Raw Value $522,942
Adjusted Value $420,050

Adjusted -$91,264 for 409 sqft less living space and -$11,628 for being older. Net adjustment: -$102,892.

505 HALLWOOD DR, LIBERTY HILL, TX 78642
0.04 mi 100% similar Same subdivision
3 bed 2 bath 2,100 sqft Built 2022
Raw Value $476,629
Adjusted Value $398,729

Adjusted -$66,272 for 297 sqft less living space and -$11,628 for being older. Net adjustment: -$77,900.

509 HALLWOOD DR, LIBERTY HILL, TX 78642
0.04 mi 100% similar Same subdivision
2 bed 2 bath 2,452 sqft Built 2022
Raw Value $554,034
Adjusted Value $397,589

Adjusted -$144,817 for 649 sqft less living space and -$11,628 for being older. Net adjustment: -$156,445.

516 HALLWOOD DR, LIBERTY HILL, TX 78642
0.05 mi 100% similar Same subdivision
2 bed 2 bath 1,821 sqft Built 2022
Raw Value $401,722
Adjusted Value $386,078

Adjusted -$4,016 for 18 sqft less living space and -$11,628 for being older. Net adjustment: -$15,644.

The Neighborhood

This home is valued 27.4% below the G212522C - REGENCY - SANTA RITA N median of $538,503. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 62.3% over the past year.

G212522C - REGENCY - SANTA RITA N

below average
232 Properties
$538,503 Median Value
+62.3% YoY Change
0% Have Pool
100% Have Garage
This Home
$390,960
Median
$538,503

This home is -27.4% below the subdivision median.

Tax Analysis

The estimated annual property tax is $10,076 across all districts. With a homestead exemption claimed, that drops to $8,269 — saving $1,807 per year. That's $689 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%$4,844
Williamson County MUD #19CMUD0.8500%$3,323
Williamson CountyCounty0.3694%$1,444
Williamson County ESD #4 - Liberty HillESD0.0745%$291
Williamson County FM/RdCounty0.0443%$173
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.5772%$10,076

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $398,729 would pay approximately $2,489 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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