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480 LIBERTY DR, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

3 bed2 bath2,015 sqftBuilt 2004

Property at a Glance

This home is estimated between $338,398 and $2,497,928, with a best estimate of $740,431. That places the property above the I030D80G - NORTH HWY 29 median of $594,861, in a neighborhood that appreciated 3.1% over the past year.

Estimated Value Range

$338,398 $2,497,928
Best Estimate
$740,431
WCAD Value
$601,436
Medium Confidence

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 $338,398 and $2,497,928. More comparables in the same subdivision would strengthen this estimate.

Comparable Properties (5)

3 bed 2 bath 2,160 sqft Built 2009
Raw Value $397,350
Adjusted Value $338,398

Adjusted -$43,526 for 145 sqft less living space and -$15,426 for being older. Net adjustment: -$58,952.

200 LIBERTY DR, LIBERTY HILL, TX 78642
0.00 mi 99% similar Same subdivision
3 bed 2 bath 1,567 sqft Built 1984
Raw Value $763,245
Adjusted Value $959,428

Adjusted +$134,481 for 448 sqft more living space and +$61,702 for being newer. Net adjustment: +$196,183.

CR 202, LIBERTY HILL, TX 78642
0.00 mi 99% similar Same subdivision
3 bed 1,620 sqft Built 2022
Raw Value $2,434,888
Adjusted Value $2,497,928

Adjusted +$118,572 for 395 sqft more living space and -$55,532 for being older. Net adjustment: +$63,040.

ABBEY RD, LIBERTY HILL, TX 78642
0.00 mi 98% similar Same subdivision
3 bed 2 bath 1,256 sqft Built 2014
Raw Value $368,860
Adjusted Value $565,847

Adjusted +$227,838 for 759 sqft more living space and -$30,851 for being older. Net adjustment: +$196,987.

141 PEACEFUL TRL, LIBERTY HILL, TX 78642
0.00 mi 97% similar Same subdivision
5 bed 4 bath 1,850 sqft Built 2001
Raw Value $681,646
Adjusted Value $740,431

Adjusted +$49,530 for 165 sqft more living space and +$9,255 for being newer. Net adjustment: +$58,785.

The Neighborhood

This home is valued 1.1% above the I030D80G - NORTH HWY 29 median of $594,861. With 1,319 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 3.1% over the past year.

I030D80G - NORTH HWY 29

typical
1,319 Properties
$594,861 Median Value
+3.1% YoY Change
3% Have Pool
42% Have Garage
This Home
$601,436
Median
$594,861

This home is +1.1% above the subdivision median.

Tax Analysis

The estimated annual property tax is $10,388 across all districts. With a homestead exemption claimed, that drops to $8,542 — saving $1,846 per year. That's $712 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%$7,451
Williamson CountyCounty0.3694%$2,222
Williamson County ESD #4 - Liberty HillESD0.0745%$448
Williamson County FM/RdCounty0.0443%$267
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7272%$10,388

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $740,431 would pay approximately $4,622 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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