551 SHIN OAK LN, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $196,497 and $581,325, with a best estimate of $429,900. That places the property below the I210486F - Durham Park Sections 1 Thru 6 rk Sec 1 thru 6 median of $536,208, in a neighborhood that appreciated 6.9% over the past year.
Estimated Value Range
$429,900
$406,871
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in I210486F - Durham Park Sections 1 Thru 6 rk Sec 1 thru 6. The estimated range of $196,497 and $581,325 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$266,185 for 932 sqft less living space and +$28,929 for being newer. Net adjustment: -$237,256.
Adjusted -$92,822 for 325 sqft less living space and -$16,706 for no garage. Net adjustment: -$109,528.
Adjusted +$5,998 for 21 sqft more living space and -$92,571 for being older and -$16,706 for no garage. Net adjustment: -$103,279.
Adjusted -$157,083 for 550 sqft less living space and -$40,500 for being older and -$16,706 for no garage. Net adjustment: -$214,289.
Adjusted -$58,549 for 205 sqft less living space and -$115,714 for being older and -$16,706 for no garage. Net adjustment: -$190,969.
The Neighborhood
This home is valued 24.1% below the I210486F - Durham Park Sections 1 Thru 6 rk Sec 1 thru 6 median of $536,208. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 6.9% over the past year.
I210486F - Durham Park Sections 1 Thru 6 rk Sec 1 thru 6
below averageThis home is -24.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,027 across all districts. With a homestead exemption claimed, that drops to $5,218 — saving $1,809 per year. That's $435 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% | $5,041 |
| Williamson County | County | 0.3694% | $1,503 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $303 |
| Williamson County FM/Rd | County | 0.0443% | $180 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $7,027 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $429,900 would pay approximately $2,683 per month (principal and interest only, excluding taxes and insurance).