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704 BUFFALO TRL, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

4 bed3 bath3,841 sqftBuilt 2020

Property at a Glance

This home is estimated between $1,027,820 and $1,412,315, with a best estimate of $1,312,080. That places the property above the I123415C - RIO ANCHO median of $775,721, in a neighborhood that declined 5.0% over the past year.

Estimated Value Range

$1,027,820 $1,412,315
Best Estimate
$1,312,080
WCAD Value
$1,133,542
Medium Confidence

Based on 5 comparable properties(3 in the same subdivision)

Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $1,027,820 and $1,412,315. More comparables in the same subdivision would strengthen this estimate.

Comparable Properties (5)

4 bed 3 bath 4,319 sqft Built 2020
Raw Value $1,445,327
Adjusted Value $1,312,080

Adjusted -$133,247 for 478 sqft less living space. Net adjustment: -$133,247.

700 BUFFALO TRL, LIBERTY HILL, TX 78642
0.05 mi 100% similar Same subdivision
4 bed 3 bath 2,505 sqft Built 2016
Raw Value $723,342
Adjusted Value $1,095,766

Adjusted +$372,424 for 1,336 sqft more living space. Net adjustment: +$372,424.

705 BUFFALO TRL, LIBERTY HILL, TX 78642
0.05 mi 100% similar Same subdivision
4 bed 3 bath 3,165 sqft Built 2018
Raw Value $839,378
Adjusted Value $1,027,820

Adjusted +$188,442 for 676 sqft more living space. Net adjustment: +$188,442.

608 BUFFALO TRL, LIBERTY HILL, TX 78642
0.13 mi 100% similar Same subdivision
4 bed 2,995 sqft Built 2018
Raw Value $1,176,484
Adjusted Value $1,412,315

Adjusted +$235,831 for 846 sqft more living space. Net adjustment: +$235,831.

4 bed 3 bath 3,415 sqft Built 2015
Raw Value $1,266,485
Adjusted Value $1,385,237

Adjusted +$118,752 for 426 sqft more living space. Net adjustment: +$118,752.

The Neighborhood

This home is valued 46.1% above the I123415C - RIO ANCHO median of $775,721. With 72 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.0% over the past year.

I123415C - RIO ANCHO

above average
72 Properties
$775,721 Median Value
-5.0% YoY Change
1% Have Pool
99% Have Garage
This Home
$1,133,542
Median
$775,721

This home is +46.1% above the subdivision median.

Tax Analysis

The estimated annual property tax is $19,578 across all districts. With a homestead exemption claimed, that drops to $17,634 — saving $1,944 per year. That's $1,470 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%$14,043
Williamson CountyCounty0.3694%$4,188
Williamson County ESD #4 - Liberty HillESD0.0745%$844
Williamson County FM/RdCounty0.0443%$502
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7272%$19,578

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $1,312,080 would pay approximately $8,190 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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