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704 MAIN ST, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

3 bed1,894 sqftBuilt 1920

Property at a Glance

This home is estimated between $-672,217 and $526,081, with a best estimate of $-73,334. That places the property below the N15PR - Single Family Conversion-liberty Hill median of $546,096, in a neighborhood that declined 3.4% over the past year.

Estimated Value Range

$-672,217 $526,081
Best Estimate
$-73,334
WCAD Value
$698,067
Low Confidence

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

There are 5 comparable properties within range, but none are in N15PR - Single Family Conversion-liberty Hill. The estimated range of $-672,217 and $526,081 should be treated as a rough guide.

Comparable Properties (5)

3 bed 2 bath 1,712 sqft Built 1935
Raw Value $527,885
Adjusted Value $526,081

Adjusted +$68,272 for 182 sqft more living space and -$130,269 for being older and +$60,193 for having a garage. Net adjustment: -$1,804.

3 bed 2 bath 2,400 sqft Built 1950
Raw Value $316,821
Adjusted Value $-73,334

Adjusted -$189,810 for 506 sqft less living space and -$260,538 for being older and +$60,193 for having a garage. Net adjustment: -$390,155.

3 bed 2 bath 2,040 sqft Built 1965
Raw Value $448,673
Adjusted Value $63,292

Adjusted -$54,767 for 146 sqft less living space and -$390,807 for being older and +$60,193 for having a garage. Net adjustment: -$385,381.

3 bed 2 bath 1,817 sqft Built 2025
Raw Value $210,781
Adjusted Value $-672,217

Adjusted +$28,884 for 77 sqft more living space and -$911,882 for being older. Net adjustment: -$882,998.

6 bed 4 bath 2,224 sqft Built 2015
Raw Value $531,621
Adjusted Value $-417,205

Adjusted -$123,789 for 330 sqft less living space and -$825,037 for being older. Net adjustment: -$948,826.

The Neighborhood

This home is valued 27.8% above the N15PR - Single Family Conversion-liberty Hill median of $546,096. With 10 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.4% over the past year.

N15PR - Single Family Conversion-liberty Hill

above average
10 Properties
$546,096 Median Value
-3.4% YoY Change
0% Have Pool
20% Have Garage
This Home
$698,067
Median
$546,096

This home is +27.8% above the subdivision median.

Tax Analysis

The estimated annual property tax is $15,334 across all districts. With a homestead exemption claimed, that drops to $13,437 — saving $1,897 per year. That's $1,120 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

DistrictTypeRateAnnual Amount
Liberty Hill ISDSchool1.2389%$8,648
Liberty HillCity0.4694%$3,277
Williamson CountyCounty0.3694%$2,579
Williamson County ESD #4 - Liberty HillESD0.0745%$520
Williamson County FM/RdCounty0.0443%$309
Williamson Central Appraisal Districtcad0.0000%$0
Tax District (T20)other0.0000%$0
Total Annual Tax2.1966%$15,334

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $-73,334 would pay approximately $-458 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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