2 SPANISH OAK LN, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $491,915 and $677,311, with a best estimate of $631,277. That places the property above the I030D80G - NORTH HWY 29 median of $594,861, in a neighborhood that appreciated 3.1% over the past year.
Estimated Value Range
$631,277
$620,233
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $491,915 and $677,311. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$159,997 for 533 sqft less living space and +$30,851 for being newer. Net adjustment: -$129,146.
Adjusted +$57,635 for 192 sqft more living space and +$46,277 for being newer. Net adjustment: +$103,912.
Adjusted -$3,002 for 10 sqft less living space and -$3,085 for being older. Net adjustment: -$6,087.
Adjusted +$33,620 for 112 sqft more living space and +$9,255 for being newer. Net adjustment: +$42,875.
Adjusted -$19,512 for 65 sqft less living space and +$15,426 for being newer. Net adjustment: -$4,086.
The Neighborhood
This home is valued 4.3% above the I030D80G - NORTH HWY 29 median of $594,861. With 1,319 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 3.1% over the past year.
I030D80G - NORTH HWY 29
typicalThis home is +4.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,712 across all districts. With a homestead exemption claimed, that drops to $8,863 — saving $1,849 per year. That's $739 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% | $7,684 |
| Williamson County | County | 0.3694% | $2,291 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $462 |
| Williamson County FM/Rd | County | 0.0443% | $275 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $10,712 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $631,277 would pay approximately $3,940 per month (principal and interest only, excluding taxes and insurance).