Ashton HarrisREALTOR® Coldwell Banker Apex, Realtors
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Liberty in Melissa, Texas: neighborhood guide

I'm Ashton Harris, a REALTOR® with Coldwell Banker Apex, Realtors, and I live in Melissa, Texas. Liberty is Hillwood's 535-acre neighborhood off SH 121, with 1,832 homes and Harry McKillop Elementary inside it. Here's what I'd want to know before buying, selling or leasing here, checked against Collin CAD's 2026 roll, Melissa ISD and the developer's and builder's own pages.

At a glance

LocationOff SH 121, along Liberty Way, where Harry McKillop Elementary (3509 Liberty Way) and the City's Melissa Lake Park (4101 Liberty Way) sit
Main streetsIndependence Drive, Patriot Drive, Patton Drive, Jackson Drive, Jefferson Avenue
City, county, ZIPInside Melissa city limits; Collin County; 75454
Homes1,832 single-family homes and 23 vacant lots in 15 recorded sections, built 2004 to 2026
Size and lotMedian 2,950 sq ft; most homes 2,200 to 3,600 sq ft; median lot 7,500 sq ft (0.17 acre); 47% one story
2026 tax-roll valueMedian $503,000; most homes $419,000 to $695,000
Building nowBloomfield Homes, in Liberty South
HOALiberty HOA, managed by 4Sight Property Management
MUD or PIDNone on Collin CAD's 2026 roll
2026 tax rateAbout $1.89 per $100 of value
Schools, 2026-27Harry McKillop Elementary, Sixth Grade Center, East Cardinal Middle School, Melissa High School (Melissa ISD; confirm by address)
Electric and waterBloomfield lists Grayson-Collin Electric Cooperative and City of Melissa water for its homes; check the address in older sections

Collin CAD figures come from the certified 2026 appraisal roll, pulled Oct. 27, 2026. 'Most homes' means the middle 80%. Lot sizes are measured from Collin CAD's parcel map. Tax-roll values are as of Jan. 1, 2026, leave out homes built in 2026, and aren't sale prices.

Liberty, answered

  • What is Liberty?

    Liberty is a 535-acre master-planned neighborhood in the City of Melissa, developed by Hillwood Communities, which says it opened in 2003. Collin CAD lists 1,832 homes and 23 vacant lots in 15 recorded sections, with homes built from 2004 to 2026. Hillwood lists Drees Custom Homes, Highland Homes, K. Hovnanian Homes, Perry Homes, CalAtlantic Homes and Bloomfield Homes among Liberty's builders.

  • How much are property taxes in Liberty?

    Liberty is inside Melissa's city limits, and Collin CAD lists no MUD or PID on any Liberty home. On Collin County's 2026 list, the rates add up to about $1.89 per $100 of value: Melissa ISD $1.2008, the City $0.454116, Collin County $0.151414 and Collin College $0.08122. With a homestead exemption ($140,000 off for school taxes, 6% off for city taxes, 5% off for county taxes and 20% off for Collin College taxes), that's about $7,560 a year on a $503,000 home, Liberty's median 2026 tax-roll value. Send me an address and I'll check its own bill.

  • Which schools serve Liberty?

    For 2026-27, Melissa ISD zones Liberty to Harry McKillop Elementary, which sits inside the neighborhood, then the Sixth Grade Center, East Cardinal Middle School and Melissa High School. Zones change as the district grows, so check any address on Melissa ISD's zoning map.

  • What are Liberty homes like?

    Collin CAD puts the median Liberty home at about 2,950 square feet, with most between 2,200 and 3,600, on a median lot of about 7,500 square feet. 47% are one story and 11% have a pool. Homes went up in waves, from Phase 1, where the median home was built in 2006, to Liberty South, built from 2023 to 2026.

  • What are Liberty homes worth?

    Collin CAD's median 2026 value for a Liberty home is about $503,000, and most homes fall between $419,000 and $695,000. The median value per square foot is $181. Those are tax-roll values, not sale prices, so ask me for recent Liberty sales and leases.

  • Is anyone still building in Liberty?

    Yes. Bloomfield Homes is building in Liberty South, the newest section on Collin CAD's roll, on streets including Autumn Glen Drive, Wild River Road and Running Stream Way. Collin CAD lists 23 Liberty homes with a 2026 build year. Builders set their own rules for when your agent must be registered, so bring me on your first visit. Text me at (214) 714-0997 for this month's prices and incentives.

  • What amenities does Liberty have, and who runs the HOA?

    Liberty HOA is managed by 4Sight Property Management. Hillwood lists an amenity center with a pool and splash pad, a sports pavilion with grills, sand volleyball courts, a catch-and-release fishing pond, playgrounds, soccer fields and walking paths. The HOA's resale certificate shows the current dues and any transfer fees, and Texas caps its fee at $375.

  • Can I lease out my Liberty home?

    It depends on the HOA's recorded rules, which can limit leasing, so read them first. Texas law doesn't let an HOA require its approval of your tenant or demand the tenant's credit report or application, though it can ask for each resident's contact information and the lease dates. I lease out a home in Melissa myself, and I help owners price, market and lease theirs. I find tenants; I don't manage property.