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505 LORINER WAY, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

4 bed2 bath1,532 sqftBuilt 2022

Property at a Glance

This home is estimated between $271,306 and $438,100, with a best estimate of $288,461. That places the property below the I124422C - BUTLER FARMS median of $395,121, in a neighborhood that appreciated 17.6% over the past year.

Estimated Value Range

$271,306 $438,100
Best Estimate
$288,461
WCAD Value
$418,487
Low Confidence

Based on 5 comparable properties(1 in the same subdivision)

There are 5 comparable properties within range, but few are in I124422C - BUTLER FARMS. The estimated range of $271,306 and $438,100 should be treated as a rough guide.

Comparable Properties (5)

3 bed 2 bath 1,540 sqft Built 2021
Raw Value $297,800
Adjusted Value $288,140

Adjusted -$2,054 for 8 sqft less living space and -$7,606 for being older. Net adjustment: -$9,660.

501 LORINER WAY, LIBERTY HILL, TX 78642
0.01 mi 100% similar Same subdivision
4 bed 2 bath 2,060 sqft Built 2023
Raw Value $399,287
Adjusted Value $271,306

Adjusted -$135,587 for 528 sqft less living space and +$7,606 for being newer. Net adjustment: -$127,981.

4 bed 2 bath 1,709 sqft Built 2022
Raw Value $483,552
Adjusted Value $438,100

Adjusted -$45,452 for 177 sqft less living space. Net adjustment: -$45,452.

3 bed 2 bath 1,540 sqft Built 2021
Raw Value $298,121
Adjusted Value $288,461

Adjusted -$2,054 for 8 sqft less living space and -$7,606 for being older. Net adjustment: -$9,660.

3 bed 2 bath 1,540 sqft Built 2022
Raw Value $299,683
Adjusted Value $297,629

Adjusted -$2,054 for 8 sqft less living space. Net adjustment: -$2,054.

The Neighborhood

This home is valued 5.9% above the I124422C - BUTLER FARMS median of $395,121. With 288 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 17.6% over the past year.

I124422C - BUTLER FARMS

typical
288 Properties
$395,121 Median Value
+17.6% YoY Change
0% Have Pool
100% Have Garage
This Home
$418,487
Median
$395,121

This home is +5.9% above the subdivision median.

Tax Analysis

The estimated annual property tax is $9,192 across all districts. With a homestead exemption claimed, that drops to $7,357 — saving $1,835 per year. That's $613 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%$5,185
Liberty HillCity0.4694%$1,964
Williamson CountyCounty0.3694%$1,546
Williamson County ESD #4 - Liberty HillESD0.0745%$312
Williamson County FM/RdCounty0.0443%$186
Butler Farms PIDpid0.0000%$0
Williamson Central Appraisal Districtcad0.0000%$0
Tax District (T16)other0.0000%$0
Total Annual Tax2.1966%$9,192

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $288,461 would pay approximately $1,801 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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