120 HOBBY HORSE, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $193,317 and $518,520, with a best estimate of $304,446. 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
$304,446
$465,434
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 $193,317 and $518,520 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$44,071 for 182 sqft more living space and -$13,917 for being older. Net adjustment: +$30,154.
Adjusted -$59,326 for 245 sqft less living space and -$6,958 for being older. Net adjustment: -$66,284.
Adjusted +$33,174 for 137 sqft more living space and -$139,167 for being older. Net adjustment: -$105,993.
Adjusted -$23,973 for 99 sqft less living space and -$83,500 for being older. Net adjustment: -$107,473.
Adjusted -$167,566 for 692 sqft less living space and +$20,875 for being newer. Net adjustment: -$146,691.
The Neighborhood
This home is valued 15.5% 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
below averageThis home is -15.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,039 across all districts. With a homestead exemption claimed, that drops to $6,218 — saving $1,821 per year. That's $518 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% | $5,766 |
| Williamson County | County | 0.3694% | $1,720 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $347 |
| Williamson County FM/Rd | County | 0.0443% | $206 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $8,039 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $304,446 would pay approximately $1,900 per month (principal and interest only, excluding taxes and insurance).