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501 COWBOY TRL, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

3 bed2 bath2,496 sqftBuilt 1994

Property at a Glance

This home is estimated between $373,569 and $576,582, with a best estimate of $387,790. That places the property below the I030D80G - NORTH HWY 29 median of $594,861, in a neighborhood that appreciated 3.1% over the past year.

Estimated Value Range

$373,569 $576,582
Best Estimate
$387,790
WCAD Value
$908,249
Low Confidence

Based on 5 comparable properties(0 in the same subdivision)

There are 5 comparable properties within range, but none are in I030D80G - NORTH HWY 29. The estimated range of $373,569 and $576,582 should be treated as a rough guide.

Comparable Properties (5)

3 bed 2 bath 2,206 sqft Built 2009
Raw Value $341,380
Adjusted Value $382,156

Adjusted +$87,053 for 290 sqft more living space and -$46,277 for being older. Net adjustment: +$40,776.

3 bed 2 bath 2,408 sqft Built 2020
Raw Value $630,379
Adjusted Value $576,582

Adjusted +$26,416 for 88 sqft more living space and -$80,213 for being older. Net adjustment: -$53,797.

3 bed 2 bath 2,153 sqft Built 2012
Raw Value $326,139
Adjusted Value $373,569

Adjusted +$102,962 for 343 sqft more living space and -$55,532 for being older. Net adjustment: +$47,430.

3 bed 2 bath 2,058 sqft Built 2013
Raw Value $314,928
Adjusted Value $387,790

Adjusted +$131,479 for 438 sqft more living space and -$58,617 for being older. Net adjustment: +$72,862.

3 bed 2 bath 1,978 sqft Built 2012
Raw Value $307,289
Adjusted Value $407,251

Adjusted +$155,494 for 518 sqft more living space and -$55,532 for being older. Net adjustment: +$99,962.

The Neighborhood

This home is valued 52.7% above the I030D80G - NORTH HWY 29 median of $594,861. With 1,319 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 3.1% over the past year.

I030D80G - NORTH HWY 29

outlier high
1,319 Properties
$594,861 Median Value
+3.1% YoY Change
3% Have Pool
42% Have Garage
This Home
$908,249
Median
$594,861

This home is +52.7% above the subdivision median.

Tax Analysis

The estimated annual property tax is $6,636 across all districts. With a homestead exemption claimed, that drops to $4,830 — saving $1,806 per year. That's $403 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%$4,760
Williamson CountyCounty0.3694%$1,419
Williamson County ESD #4 - Liberty HillESD0.0745%$286
Williamson County FM/RdCounty0.0443%$170
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7272%$6,636

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $387,790 would pay approximately $2,421 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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