500 SUMMERWOOD DR, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $-166,659 and $365,151, with a best estimate of $233,802. 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
$233,802
$553,504
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in I030D80G - NORTH HWY 29. The estimated range of $-166,659 and $365,151 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$449,071 for 1,496 sqft less living space and +$9,255 for being newer. Net adjustment: -$439,816.
Adjusted -$95,458 for 318 sqft less living space and +$15,426 for being newer. Net adjustment: -$80,032.
Adjusted -$118,872 for 396 sqft less living space and -$27,766 for being older. Net adjustment: -$146,638.
Adjusted -$286,673 for 955 sqft less living space and -$12,340 for being older. Net adjustment: -$299,013.
Adjusted -$294,478 for 981 sqft less living space and -$18,511 for being older. Net adjustment: -$312,989.
The Neighborhood
This home is valued 7.0% 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
typicalThis home is -7.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,866 across all districts. With a homestead exemption claimed, that drops to $6,048 — saving $1,818 per year. That's $504 per month a buyer should budget. The assessed value increased +12.0% vs the subdivision average of +3.1%. This above-average increase gives a protest opportunity score of 75 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $5,642 |
| Williamson County | County | 0.3694% | $1,683 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $339 |
| Williamson County FM/Rd | County | 0.0443% | $202 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $7,866 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $233,802 would pay approximately $1,459 per month (principal and interest only, excluding taxes and insurance).