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701 DRYSTONE TRL, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

3 bed2 bath1,190 sqftBuilt 2024

Property at a Glance

This home is estimated between $334,010 and $819,357, with a best estimate of $346,797. That places the property below the I101407F - Stonewall Ranch median of $364,278, in a neighborhood that appreciated 18.3% over the past year.

Estimated Value Range

$334,010 $819,357
Best Estimate
$346,797
WCAD Value
$339,124
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 $334,010 and $819,357. More comparables in the same subdivision would strengthen this estimate.

Comparable Properties (5)

700 DRYSTONE TRL, LIBERTY HILL, TX 78642
0.05 mi 100% similar Same subdivision
4 bed 2 bath 1,282 sqft Built 2024
Raw Value $369,498
Adjusted Value $346,797

Adjusted -$22,701 for 92 sqft less living space. Net adjustment: -$22,701.

704 DRYSTONE TRL, LIBERTY HILL, TX 78642
0.08 mi 100% similar Same subdivision
3 bed 2 bath 1,160 sqft Built 2024
Raw Value $335,534
Adjusted Value $342,936

Adjusted +$7,402 for 30 sqft more living space. Net adjustment: +$7,402.

709 DRYSTONE TRL, LIBERTY HILL, TX 78642
0.11 mi 99% similar Same subdivision
2 bed 1 bath 1,343 sqft Built 2024
Raw Value $371,763
Adjusted Value $334,010

Adjusted -$37,753 for 153 sqft less living space. Net adjustment: -$37,753.

705 DRYSTONE TRL, LIBERTY HILL, TX 78642
0.06 mi 97% similar Same subdivision
4 bed 3 bath 858 sqft Built 2024
Raw Value $365,309
Adjusted Value $447,230

Adjusted +$81,921 for 332 sqft more living space. Net adjustment: +$81,921.

2 bed 1,388 sqft Built 2005
Raw Value $797,245
Adjusted Value $819,357

Adjusted -$48,856 for 198 sqft less living space and +$10,775 for being newer and +$60,193 for having a garage. Net adjustment: +$22,112.

The Neighborhood

This home is valued 6.9% below the I101407F - Stonewall Ranch median of $364,278. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 18.3% over the past year.

I101407F - Stonewall Ranch

typical
1,031 Properties
$364,278 Median Value
+18.3% YoY Change
0% Have Pool
100% Have Garage
This Home
$339,124
Median
$364,278

This home is -6.9% below the subdivision median.

Tax Analysis

The estimated annual property tax is $8,290 across all districts. With a homestead exemption claimed, that drops to $6,493 — saving $1,797 per year. That's $541 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%$4,201
Stonewall Ranch MUDMUD0.7175%$2,433
Williamson CountyCounty0.3694%$1,253
Williamson County ESD #4 - Liberty HillESD0.0745%$253
Williamson County FM/RdCounty0.0443%$150
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.4447%$8,290

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $346,797 would pay approximately $2,165 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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