508 GEMMA DR, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $1,006,582 and $1,204,804, with a best estimate of $1,168,162. That places the property above the I461618A - TESORO median of $879,027, in a neighborhood that appreciated 28.4% over the past year.
Estimated Value Range
$1,168,162
$1,078,239
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 $1,006,582 and $1,204,804. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$249,767 for 880 sqft more living space and +$52,183 for being newer. Net adjustment: +$301,950.
Adjusted +$258,566 for 911 sqft more living space and +$52,183 for being newer. Net adjustment: +$310,749.
Adjusted +$307,100 for 1,082 sqft more living space and +$69,577 for being newer. Net adjustment: +$376,677.
Adjusted +$333,496 for 1,175 sqft more living space and +$69,577 for being newer. Net adjustment: +$403,073.
Adjusted +$190,164 for 670 sqft more living space and -$17,394 for being older. Net adjustment: +$172,770.
The Neighborhood
This home is valued 22.7% above the I461618A - TESORO median of $879,027. With 75 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 28.4% over the past year.
I461618A - TESORO
above averageThis home is +22.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $18,623 across all districts. With a homestead exemption claimed, that drops to $16,689 — saving $1,934 per year. That's $1,391 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
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $13,358 |
| Williamson County | County | 0.3694% | $3,984 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $803 |
| Williamson County FM/Rd | County | 0.0443% | $478 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $18,623 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,168,162 would pay approximately $7,292 per month (principal and interest only, excluding taxes and insurance).