224 HOBBY HORSE, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $287,156 and $799,694, with a best estimate of $517,433. 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
$517,433
$504,388
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 $287,156 and $799,694 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$90,321 for 373 sqft less living space and -$41,750 for being older. Net adjustment: -$132,071.
Adjusted +$99,280 for 410 sqft more living space and +$27,833 for being newer. Net adjustment: +$127,113.
Adjusted -$21,067 for 87 sqft less living space and -$139,167 for being older. Net adjustment: -$160,234.
Adjusted -$146,015 for 603 sqft less living space and -$20,875 for being older. Net adjustment: -$166,890.
Adjusted -$80,393 for 332 sqft less living space and -$13,917 for being older. Net adjustment: -$94,310.
The Neighborhood
This home is valued 8.4% below the I145501E - Sundance Estates median of $550,751. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.9% over the past year.
I145501E - Sundance Estates
typicalThis home is -8.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,712 across all districts. With a homestead exemption claimed, that drops to $6,884 — saving $1,828 per year. That's $574 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% | $6,249 |
| Williamson County | County | 0.3694% | $1,863 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $376 |
| Williamson County FM/Rd | County | 0.0443% | $224 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $8,712 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $517,433 would pay approximately $3,230 per month (principal and interest only, excluding taxes and insurance).