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Verified property facts
508 Gemma Dr is listed at $1,450,000 with 6 bedrooms, 4 full, 1 half bathrooms, 5,015 square feet, 1.03-acre lot. This places it above the 78642 median of $650,000.
508 Gemma Dr is zoned for Liberty Hill ISD with assigned schools: LouineNoble (elementary), Santa Rita Middle (middle), Legacy Ranch (high). School assignments should be verified directly with the district.
508 Gemma Dr is a Residential built in 2022 featuring 6 bedrooms, 4 full, 1 half bathrooms, 5,015 square feet, 1.03-acre lot.
508 Gemma Dr is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 508 Gemma Dr is $18,454. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Price Change with current price, original ask, and market time.
***Assumable Rate Available***Nestled in a tranquil, meticulously maintained neighborhood, this thoughtfully designed home offers the rare combination of togetherness and privacy that growing families crave. The split floor plan places the luxurious owner's suite in its own peaceful wing, while secondary bedrooms occupy the opposite side. Teenagers will love the spacious bonus room above the garage, providing the separation both generations appreciate. Premium Pella windows fill the home with natural light while offering energy efficiency that saves on bills. Dual HVAC zones ensure comfort year-round, and soaring vaulted ceilings amplify the home's sense of space. Rich hardwood floors flow through the main living areas, complemented by an inviting fireplace for cozy evenings and family gatherings. Step outside to an entertainer's dream: an expansive covered patio offers shade for long Texas afternoons, while the fully equipped outdoor kitchen—with sink and refrigerator—keeps hosting effortless. The fenced yard, with privacy screens, creates an intimate backyard sanctuary. Convenience meets community here. You're minutes from the brand-new high school, with direct 183A access for easy downtown Austin commutes. An upcoming Costco and Target within 5 miles add everyday convenience to an already exceptional location. This isn’t just a house—it’s a home designed for real family life, where every detail supports both connection and the personal space everyone needs to thrive.
Property Type
Residential
Year Built
2022
Lot Size
1.03 acres
$/Sq Ft
$289
HOA
$350/mo
Garage
6 spaces
Listed by Todd Hower Realty LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026 | — | $1,078,239 | $180,000 | $898,239 |
Liberty Hill ISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($290K)
$1,450,000
Luxury property intelligence
A sourced read on Tesoro pricing, timing, and property scale. No automated valuation claim.
List price
$1,450,000
Price per sqft
$289/sqft
Vs. Tesoro median
Not available
Days on market
83 days
Original to current
No verified reduction
$1.5M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 10, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($290,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 508 Gemma Dr is around $9,062 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $1,450,000, 508 Gemma Dr is in the Tesoro market where there are currently 466 active listings in 78642.
508 Gemma Dr was built in 2022, making it 4 years old with relatively recent construction.
508 Gemma Dr is part of a managed community with HOA dues of $350 annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
3 events on record
Current Price
$1,450,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026 | — | $1,078,239 | $180,000 | $898,239 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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