116 E MYRTLE LN, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $180,996 and $390,720, with a best estimate of $265,943. That places the property below the I510D29I - Town of Liberty Hill - lt 1950 median of $318,084, in a neighborhood that appreciated 39.8% over the past year.
Estimated Value Range
$265,943
$221,030
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in I510D29I - Town of Liberty Hill - lt 1950. The estimated range of $180,996 and $390,720 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$1,411 for 6 sqft less living space and -$21,834 for being older. Net adjustment: -$23,245.
Adjusted +$7,762 for 33 sqft more living space and -$18,802 for being older and -$57,944 for no garage. Net adjustment: -$68,984.
Adjusted -$17,170 for 73 sqft less living space and -$25,776 for being older and -$57,944 for no garage. Net adjustment: -$100,890.
Adjusted -$52,215 for 222 sqft less living space and -$24,563 for being older and -$57,944 for no garage. Net adjustment: -$134,722.
Adjusted +$53,156 for 226 sqft more living space and -$25,473 for being older and -$57,944 for no garage. Net adjustment: -$30,261.
The Neighborhood
This home is valued 30.5% below the I510D29I - Town of Liberty Hill - lt 1950 median of $318,084. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 39.8% over the past year.
I510D29I - Town of Liberty Hill - lt 1950
below averageThis home is -30.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,855 across all districts. With a homestead exemption claimed, that drops to $3,056 — saving $1,799 per year. That's $255 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% | $2,738 |
| Liberty Hill | City | 0.4694% | $1,038 |
| Williamson County | County | 0.3694% | $817 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $165 |
| Williamson County FM/Rd | County | 0.0443% | $98 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T20) | other | 0.0000% | $0 |
| Total Annual Tax | 2.1966% | $4,855 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $265,943 would pay approximately $1,660 per month (principal and interest only, excluding taxes and insurance).