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701 COWBOY TRL, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

2 bed1,388 sqftBuilt 2005

Property at a Glance

This home is estimated between $326,654 and $1,029,892, with a best estimate of $342,700. That places the property below the I030D80G - NORTH HWY 29 median of $594,861, in a neighborhood that appreciated 3.1% over the past year.

Estimated Value Range

$326,654 $1,029,892
Best Estimate
$342,700
WCAD Value
$797,245
Low Confidence

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

There are 5 comparable properties within range, but none are in I030D80G - NORTH HWY 29. The estimated range of $326,654 and $1,029,892 should be treated as a rough guide.

Comparable Properties (5)

2 bed 1 bath 1,343 sqft Built 2024
Raw Value $371,763
Adjusted Value $326,654

Adjusted +$13,508 for 45 sqft more living space and -$58,617 for being older. Net adjustment: -$45,109.

3 bed 2 bath 1,190 sqft Built 2024
Raw Value $339,124
Adjusted Value $339,943

Adjusted +$59,436 for 198 sqft more living space and -$58,617 for being older. Net adjustment: +$819.

4 bed 2 bath 1,282 sqft Built 2024
Raw Value $369,498
Adjusted Value $342,700

Adjusted +$31,819 for 106 sqft more living space and -$58,617 for being older. Net adjustment: -$26,798.

3 bed 2 bath 1,160 sqft Built 2024
Raw Value $335,534
Adjusted Value $345,358

Adjusted +$68,441 for 228 sqft more living space and -$58,617 for being older. Net adjustment: +$9,824.

5 bed 5 bath 2,746 sqft Built 2006
Raw Value $1,440,623
Adjusted Value $1,029,892

Adjusted -$407,646 for 1,358 sqft less living space and -$3,085 for being older. Net adjustment: -$410,731.

The Neighborhood

This home is valued 34.0% 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

above average
1,319 Properties
$594,861 Median Value
+3.1% YoY Change
3% Have Pool
42% Have Garage
This Home
$797,245
Median
$594,861

This home is +34.0% above the subdivision median.

Tax Analysis

The estimated annual property tax is $4,004 across all districts. With a homestead exemption claimed, that drops to $2,227 — saving $1,777 per year. That's $186 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%$2,872
Williamson CountyCounty0.3694%$857
Williamson County ESD #4 - Liberty HillESD0.0745%$173
Williamson County FM/RdCounty0.0443%$103
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7272%$4,004

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $342,700 would pay approximately $2,139 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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