116 HOBBY HORSE, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $308,597 and $554,016, with a best estimate of $424,301. That places the property below the I145501E - Sundance Estates median of $550,751, in a neighborhood that declined 4.9% over the past year.
Estimated Value Range
$424,301
$651,859
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in I145501E - Sundance Estates. The estimated range of $308,597 and $554,016 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$131,244 for 542 sqft more living space and -$111,333 for being older. Net adjustment: +$19,911.
Adjusted -$64,653 for 267 sqft less living space and -$48,708 for being older. Net adjustment: -$113,361.
Adjusted +$135,360 for 559 sqft more living space and -$125,250 for being older. Net adjustment: +$10,110.
Adjusted +$20,825 for 86 sqft more living space and -$104,375 for being older. Net adjustment: -$83,550.
Adjusted +$242,389 for 1,001 sqft more living space and +$20,875 for being newer. Net adjustment: +$263,264.
The Neighborhood
This home is valued 18.4% above the I145501E - Sundance Estates median of $550,751. With 253 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.9% over the past year.
I145501E - Sundance Estates
above averageThis home is +18.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,259 across all districts. With a homestead exemption claimed, that drops to $9,404 — saving $1,855 per year. That's $784 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% | $8,076 |
| Williamson County | County | 0.3694% | $2,408 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $486 |
| Williamson County FM/Rd | County | 0.0443% | $289 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $11,259 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $424,301 would pay approximately $2,648 per month (principal and interest only, excluding taxes and insurance).