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361 MUSTANG MESA, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

3 bed2 bath2,095 sqftBuilt 2014

Property at a Glance

This home is estimated between $485,705 and $998,197, with a best estimate of $678,812. That places the property below the I140599D - SUNDANCE RANCH median of $871,225, in a neighborhood that appreciated 1.4% over the past year.

Estimated Value Range

$485,705 $998,197
Best Estimate
$678,812
WCAD Value
$762,449
Medium Confidence

Based on 5 comparable properties(3 in the same subdivision)

Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $485,705 and $998,197. More comparables in the same subdivision would strengthen this estimate.

Comparable Properties (5)

365 SUNDANCE TRL, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
3 bed 2 bath 2,421 sqft Built 1999
Raw Value $1,035,744
Adjusted Value $998,197

Adjusted -$110,647 for 326 sqft less living space and +$73,100 for being newer. Net adjustment: -$37,547.

3 bed 2 bath 2,151 sqft Built 2021
Raw Value $539,941
Adjusted Value $486,821

Adjusted -$19,007 for 56 sqft less living space and -$34,113 for being older. Net adjustment: -$53,120.

144 APPALOOSA RUN, LIBERTY HILL, TX 78642
0.03 mi 100% similar Same subdivision
3 bed 2 bath 2,419 sqft Built 2002
Raw Value $839,797
Adjusted Value $788,309

Adjusted -$109,968 for 324 sqft less living space and +$58,480 for being newer. Net adjustment: -$51,488.

366 SUNDANCE TRL, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
3 bed 2 bath 3,006 sqft Built 2003
Raw Value $934,406
Adjusted Value $678,812

Adjusted -$309,201 for 911 sqft less living space and +$53,607 for being newer. Net adjustment: -$255,594.

3 bed 2 bath 2,147 sqft Built 2003
Raw Value $449,747
Adjusted Value $485,705

Adjusted -$17,649 for 52 sqft less living space and +$53,607 for being newer. Net adjustment: +$35,958.

The Neighborhood

This home is valued 12.5% below the I140599D - SUNDANCE RANCH median of $871,225. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 1.4% over the past year.

I140599D - SUNDANCE RANCH

typical
297 Properties
$871,225 Median Value
+1.4% YoY Change
6% Have Pool
80% Have Garage
This Home
$762,449
Median
$871,225

This home is -12.5% below the subdivision median.

Tax Analysis

The estimated annual property tax is $13,169 across all districts. With a homestead exemption claimed, that drops to $11,293 — saving $1,876 per year. That's $941 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%$9,446
Williamson CountyCounty0.3694%$2,817
Williamson County ESD #4 - Liberty HillESD0.0745%$568
Williamson County FM/RdCounty0.0443%$338
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7272%$13,169

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $678,812 would pay approximately $4,237 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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