218 RIVER RD, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $234,060 and $511,413, with a best estimate of $288,246. 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
$288,246
$422,300
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 $234,060 and $511,413. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$70,843 for 236 sqft less living space and -$33,936 for being older. Net adjustment: -$104,779.
Adjusted -$21,613 for 72 sqft less living space and -$86,383 for being older. Net adjustment: -$107,996.
Adjusted -$57,335 for 191 sqft less living space and -$18,511 for being older. Net adjustment: -$75,846.
Adjusted -$90,054 for 300 sqft less living space and -$86,383 for being older. Net adjustment: -$176,437.
Adjusted -$49,830 for 166 sqft less living space and -$89,468 for being older. Net adjustment: -$139,298.
The Neighborhood
This home is valued 29.0% 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
below averageThis home is -29.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,255 across all districts. With a homestead exemption claimed, that drops to $4,454 — saving $1,801 per year. That's $371 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% | $4,487 |
| Williamson County | County | 0.3694% | $1,338 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $270 |
| Williamson County FM/Rd | County | 0.0443% | $161 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $6,255 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $288,246 would pay approximately $1,799 per month (principal and interest only, excluding taxes and insurance).