203 SUMMERWOOD DR, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $-87,684 and $561,997, with a best estimate of $197,871. 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
$197,871
$88,970
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 $-87,684 and $561,997. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$129,378 for 431 sqft less living space and +$12,340 for being newer. Net adjustment: -$117,038.
Adjusted -$368,923 for 1,229 sqft less living space and -$9,255 for being older. Net adjustment: -$378,178.
Adjusted -$487,495 for 1,624 sqft less living space and -$21,596 for being older. Net adjustment: -$509,091.
Adjusted -$376,728 for 1,255 sqft less living space and +$6,170 for being newer. Net adjustment: -$370,558.
Adjusted -$154,593 for 515 sqft less living space and +$6,170 for being newer. Net adjustment: -$148,423.
The Neighborhood
This home is valued 85.0% 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
outlier lowThis home is -85.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $1,537 across all districts. With a homestead exemption claimed, that drops to $416 — saving $1,121 per year. That's $35 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% | $1,102 |
| Williamson County | County | 0.3694% | $329 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $66 |
| Williamson County FM/Rd | County | 0.0443% | $39 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $1,537 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $197,871 would pay approximately $1,235 per month (principal and interest only, excluding taxes and insurance).