304 RIVER RD, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $40,275 and $517,602, with a best estimate of $478,726. 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
$478,726
$414,698
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 $40,275 and $517,602. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$114,669 for 382 sqft less living space. Net adjustment: -$114,669.
Adjusted -$268,963 for 896 sqft less living space and -$24,681 for being older. Net adjustment: -$293,644.
Adjusted +$174,105 for 580 sqft more living space and -$24,681 for being older. Net adjustment: +$149,424.
Adjusted -$181,910 for 606 sqft less living space and -$89,468 for being older. Net adjustment: -$271,378.
Adjusted -$299,881 for 999 sqft less living space and -$9,255 for being older. Net adjustment: -$309,136.
The Neighborhood
This home is valued 30.3% 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 averageThis home is -30.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,577 across all districts. With a homestead exemption claimed, that drops to $3,783 — saving $1,794 per year. That's $315 per month a buyer should budget. The assessed value increased +6.7% vs the subdivision average of +3.1%. This above-average increase gives a protest opportunity score of 33 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $4,000 |
| Williamson County | County | 0.3694% | $1,193 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $241 |
| Williamson County FM/Rd | County | 0.0443% | $143 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $5,577 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $478,726 would pay approximately $2,988 per month (principal and interest only, excluding taxes and insurance).