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5500 HWY 183, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

1 bed1 bath576 sqftBuilt 1985

Property at a Glance

This home is estimated between $21,906 and $583,120, with a best estimate of $224,630. That places the property below the I030D80G - NORTH HWY 29 median of $594,861, in a neighborhood that appreciated 3.1% over the past year.

Estimated Value Range

$21,906 $583,120
Best Estimate
$224,630
WCAD Value
$462,669
High Confidence

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

Based on 5 comparable properties in I030D80G - NORTH HWY 29, this home's estimated market value is between $21,906 and $583,120. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

6047 HWY 183, LIBERTY HILL, TX 78642
0.00 mi 82% similar Same subdivision
3 bed 1 bath 1,250 sqft Built 1975
Raw Value $227,290
Adjusted Value $55,819

Adjusted -$202,322 for 674 sqft less living space and +$30,851 for being newer. Net adjustment: -$171,471.

1731 N HWY 183, LIBERTY HILL, TX 78642
0.04 mi 79% similar Same subdivision
2 bed 1 bath 1,916 sqft Built 1975
Raw Value $393,747
Adjusted Value $21,906

Adjusted -$402,243 for 1,340 sqft less living space and +$30,851 for being newer and -$449 for no pool. Net adjustment: -$371,841.

3001 N HWY 183, LIBERTY HILL, TX 78642
0.04 mi 76% similar Same subdivision
3 bed 2 bath 1,167 sqft Built 1994
Raw Value $788,742
Adjusted Value $583,120

Adjusted -$177,407 for 591 sqft less living space and -$27,766 for being older and -$449 for no pool. Net adjustment: -$205,622.

N HWY 183, LIBERTY HILL, TX 78642
0.00 mi 75% similar Same subdivision
3 bed 2 bath 1,120 sqft Built 1998
Raw Value $428,035
Adjusted Value $224,630

Adjusted -$163,299 for 544 sqft less living space and -$40,106 for being older. Net adjustment: -$203,405.

4230 N HWY 183, LIBERTY HILL, TX 78642
0.04 mi 75% similar Same subdivision
3 bed 2 bath 1,319 sqft Built 1993
Raw Value $821,569
Adjusted Value $573,853

Adjusted -$223,035 for 743 sqft less living space and -$24,681 for being older. Net adjustment: -$247,716.

The Neighborhood

This home is valued 22.2% below the I030D80G - NORTH HWY 29 median of $594,861. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 3.1% over the past year.

I030D80G - NORTH HWY 29

below average
1,319 Properties
$594,861 Median Value
+3.1% YoY Change
3% Have Pool
42% Have Garage
This Home
$462,669
Median
$594,861

This home is -22.2% below the subdivision median.

Tax Analysis

The estimated annual property tax is $7,991 across all districts. With a homestead exemption claimed, that drops to $6,171 — saving $1,820 per year. That's $514 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%$5,732
Williamson CountyCounty0.3694%$1,709
Williamson County ESD #4 - Liberty HillESD0.0745%$345
Williamson County FM/RdCounty0.0443%$205
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7272%$7,991

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $224,630 would pay approximately $1,402 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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