705 OAK LN, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $498,002 and $769,596, with a best estimate of $665,973. 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
$665,973
$637,364
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 $498,002 and $769,596. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$156,995 for 523 sqft less living space and +$33,936 for being newer. Net adjustment: -$123,059.
Adjusted +$177,107 for 590 sqft more living space and +$27,766 for being newer. Net adjustment: +$204,873.
Adjusted +$60,637 for 202 sqft more living space and +$49,362 for being newer. Net adjustment: +$109,999.
Adjusted +$36,622 for 122 sqft more living space and +$12,340 for being newer. Net adjustment: +$48,962.
Adjusted -$16,510 for 55 sqft less living space and +$18,511 for being newer. Net adjustment: +$2,001.
The Neighborhood
This home is valued 7.1% 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
typicalThis home is +7.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,008 across all districts. With a homestead exemption claimed, that drops to $9,156 — saving $1,852 per year. That's $763 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% | $7,896 |
| Williamson County | County | 0.3694% | $2,355 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $475 |
| Williamson County FM/Rd | County | 0.0443% | $283 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $11,008 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $665,973 would pay approximately $4,157 per month (principal and interest only, excluding taxes and insurance).