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403 CARL SHIPP DR, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

2 bed1 bath1,225 sqftBuilt 1960

Property at a Glance

This home is estimated between $235,540 and $851,682, with a best estimate of $250,704. That places the property below the I510D29I - Town of Liberty Hill - lt 1950 median of $318,084, in a neighborhood that appreciated 39.8% over the past year.

Estimated Value Range

$235,540 $851,682
Best Estimate
$250,704
WCAD Value
$233,444
Low Confidence

Based on 5 comparable properties(2 in the same subdivision)

There are 5 comparable properties within range, but few are in I510D29I - Town of Liberty Hill - lt 1950. The estimated range of $235,540 and $851,682 should be treated as a rough guide.

Comparable Properties (5)

206 PURSER, LIBERTY HILL, TX 78642
0.09 mi 100% similar Same subdivision
2 bed 1 bath 1,334 sqft Built 1930
Raw Value $262,343
Adjusted Value $245,804

Adjusted -$25,637 for 109 sqft less living space and +$9,098 for being newer. Net adjustment: -$16,539.

2 bed 1 bath 960 sqft Built 1946
Raw Value $168,965
Adjusted Value $235,540

Adjusted +$62,329 for 265 sqft more living space and +$4,246 for being newer. Net adjustment: +$66,575.

202 CARL SHIPP DR, LIBERTY HILL, TX 78642
0.00 mi 80% similar Same subdivision
2 bed 1 bath 2,630 sqft Built 1920
Raw Value $569,035
Adjusted Value $250,704

Adjusted -$330,461 for 1,405 sqft less living space and +$12,130 for being newer. Net adjustment: -$318,331.

3 bed 1 bath 1,800 sqft Built 1984
Raw Value $508,800
Adjusted Value $366,280

Adjusted -$135,242 for 575 sqft less living space and -$7,278 for being older. Net adjustment: -$142,520.

3 bed 2 bath 1,881 sqft Built 1980
Raw Value $1,069,984
Adjusted Value $851,682

Adjusted -$154,293 for 656 sqft less living space and -$6,065 for being older and -$57,944 for no garage. Net adjustment: -$218,302.

The Neighborhood

This home is valued 26.6% below the I510D29I - Town of Liberty Hill - lt 1950 median of $318,084. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 39.8% over the past year.

I510D29I - Town of Liberty Hill - lt 1950

below average
216 Properties
$318,084 Median Value
+39.8% YoY Change
6% Have Pool
15% Have Garage
This Home
$233,444
Median
$318,084

This home is -26.6% below the subdivision median.

Tax Analysis

The estimated annual property tax is $4,896 across all districts. With a homestead exemption claimed, that drops to $3,097 — saving $1,799 per year. That's $258 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%$2,761
Liberty HillCity0.4694%$1,046
Williamson CountyCounty0.3694%$823
Williamson County ESD #4 - Liberty HillESD0.0745%$166
Williamson County FM/RdCounty0.0443%$99
Williamson Central Appraisal Districtcad0.0000%$0
Tax District (T20)other0.0000%$0
Total Annual Tax2.1966%$4,896

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $250,704 would pay approximately $1,565 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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