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201 SPENCE LN, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

5 bed4 bath3,602 sqftBuilt 2022

Property at a Glance

This home is estimated between $795,360 and $1,117,033, with a best estimate of $973,499. That places the property above the I122617A - Hidden Oak Estates/River oaks median of $900,978, in a neighborhood that declined 1.1% over the past year.

Estimated Value Range

$795,360 $1,117,033
Best Estimate
$973,499
WCAD Value
$888,862
Low Confidence

Based on 5 comparable properties(2 in the same subdivision)

There are 5 comparable properties within range, but few are in I122617A - Hidden Oak Estates/River oaks. The estimated range of $795,360 and $1,117,033 should be treated as a rough guide.

Comparable Properties (5)

501 FRANCIS CT, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
5 bed 4 bath 3,963 sqft Built 2022
Raw Value $913,829
Adjusted Value $816,274

Adjusted -$97,555 for 361 sqft less living space. Net adjustment: -$97,555.

4 bed 3 bath 3,277 sqft Built 2021
Raw Value $693,626
Adjusted Value $795,360

Adjusted +$87,827 for 325 sqft more living space and +$13,907 for being newer. Net adjustment: +$101,734.

5 bed 4 bath 2,440 sqft Built 2024
Raw Value $687,298
Adjusted Value $973,499

Adjusted +$314,014 for 1,162 sqft more living space and -$27,813 for being older. Net adjustment: +$286,201.

4 bed 3 bath 2,859 sqft Built 2022
Raw Value $833,324
Adjusted Value $1,034,109

Adjusted +$200,785 for 743 sqft more living space. Net adjustment: +$200,785.

500 LODGE CT, LIBERTY HILL, TX 78642
0.00 mi 88% similar Same subdivision
3 bed 3,437 sqft Built 2021
Raw Value $1,058,537
Adjusted Value $1,117,033

Adjusted +$44,589 for 165 sqft more living space and +$13,907 for being newer. Net adjustment: +$58,496.

The Neighborhood

This home is valued 1.3% below the I122617A - Hidden Oak Estates/River oaks median of $900,978. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.1% over the past year.

I122617A - Hidden Oak Estates/River oaks

typical
202 Properties
$900,978 Median Value
-1.1% YoY Change
1% Have Pool
100% Have Garage
This Home
$888,862
Median
$900,978

This home is -1.3% below the subdivision median.

Tax Analysis

The estimated annual property tax is $19,174 across all districts. With a homestead exemption claimed, that drops to $17,276 — saving $1,898 per year. That's $1,440 per month a buyer should budget. The assessed value increased +9.9% vs the subdivision average of -1.1%. This above-average increase gives a protest opportunity score of 70 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Liberty Hill ISDSchool1.2389%$11,012
North San Gabriel MUD #2MUD0.4300%$3,822
Williamson CountyCounty0.3694%$3,284
Williamson County ESD #4 - Liberty HillESD0.0745%$662
Williamson County FM/RdCounty0.0443%$394
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.1572%$19,174
70 / 100

There may be a strong case to protest this appraisal.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $973,499 would pay approximately $6,077 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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