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311 PHILLIP LN, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

2 bed1 bath864 sqftBuilt 1940

Property at a Glance

This home is estimated between $-23,535 and $583,902, with a best estimate of $8,618. That places the property below the I030D80G - NORTH HWY 29 median of $594,861, in a neighborhood that appreciated 3.1% over the past year.

Estimated Value Range

$-23,535 $583,902
Best Estimate
$8,618
WCAD Value
$394,049
Low Confidence

Based on 5 comparable properties(0 in the same subdivision)

There are 5 comparable properties within range, but none are in I030D80G - NORTH HWY 29. The estimated range of $-23,535 and $583,902 should be treated as a rough guide.

Comparable Properties (5)

3 bed 2 bath 1,020 sqft Built 2013
Raw Value $389,690
Adjusted Value $117,649

Adjusted -$46,828 for 156 sqft less living space and -$225,213 for being older. Net adjustment: -$272,041.

3 bed 2 bath 1,182 sqft Built 2025
Raw Value $336,493
Adjusted Value $-21,200

Adjusted -$95,458 for 318 sqft less living space and -$262,235 for being older. Net adjustment: -$357,693.

3 bed 1,324 sqft Built 2014
Raw Value $374,999
Adjusted Value $8,618

Adjusted -$138,083 for 460 sqft less living space and -$228,298 for being older. Net adjustment: -$366,381.

4 bed 2 bath 1,168 sqft Built 1996
Raw Value $847,923
Adjusted Value $583,902

Adjusted -$91,255 for 304 sqft less living space and -$172,766 for being older. Net adjustment: -$264,021.

3 bed 2 bath 1,309 sqft Built 2025
Raw Value $372,281
Adjusted Value $-23,535

Adjusted -$133,581 for 445 sqft less living space and -$262,235 for being older. Net adjustment: -$395,816.

The Neighborhood

This home is valued 33.8% below the I030D80G - NORTH HWY 29 median of $594,861. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 3.1% over the past year.

I030D80G - NORTH HWY 29

below average
1,319 Properties
$594,861 Median Value
+3.1% YoY Change
3% Have Pool
42% Have Garage
This Home
$394,049
Median
$594,861

This home is -33.8% below the subdivision median.

Tax Analysis

The estimated annual property tax is $6,806 across all districts. With a homestead exemption claimed, that drops to $4,999 — saving $1,807 per year. That's $417 per month a buyer should budget. The assessed value increased +6.9% vs the subdivision average of +3.1%. This above-average increase gives a protest opportunity score of 34 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Liberty Hill ISDSchool1.2389%$4,882
Williamson CountyCounty0.3694%$1,456
Williamson County ESD #4 - Liberty HillESD0.0745%$294
Williamson County FM/RdCounty0.0443%$175
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7272%$6,806
34 / 100

Some opportunity.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $8,618 would pay approximately $54 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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