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1480 PHILLIP LN, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

3 bed2,400 sqftBuilt 2015

Property at a Glance

This home is estimated between $384,085 and $879,252, with a best estimate of $654,263. 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

$384,085 $879,252
Best Estimate
$654,263
WCAD Value
$474,486
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 $384,085 and $879,252 should be treated as a rough guide.

Comparable Properties (5)

3 bed 2 bath 2,126 sqft Built 2010
Raw Value $286,409
Adjusted Value $384,085

Adjusted +$82,250 for 274 sqft more living space and +$15,426 for being newer. Net adjustment: +$97,676.

3 bed 2 bath 2,317 sqft Built 2001
Raw Value $811,145
Adjusted Value $879,252

Adjusted +$24,915 for 83 sqft more living space and +$43,192 for being newer. Net adjustment: +$68,107.

3 bed 2 bath 2,173 sqft Built 2025
Raw Value $533,558
Adjusted Value $570,848

Adjusted +$68,141 for 227 sqft more living space and -$30,851 for being older. Net adjustment: +$37,290.

4 bed 3 bath 2,434 sqft Built 2024
Raw Value $693,994
Adjusted Value $656,022

Adjusted -$10,206 for 34 sqft less living space and -$27,766 for being older. Net adjustment: -$37,972.

4 bed 3 bath 2,440 sqft Built 2025
Raw Value $697,121
Adjusted Value $654,263

Adjusted -$12,007 for 40 sqft less living space and -$30,851 for being older. Net adjustment: -$42,858.

The Neighborhood

This home is valued 20.2% below the I030D80G - NORTH HWY 29 median of $594,861. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 3.1% over the past year.

I030D80G - NORTH HWY 29

below average
1,319 Properties
$594,861 Median Value
+3.1% YoY Change
3% Have Pool
42% Have Garage
This Home
$474,486
Median
$594,861

This home is -20.2% below the subdivision median.

Tax Analysis

The estimated annual property tax is $5,959 across all districts. With a homestead exemption claimed, that drops to $4,161 — saving $1,798 per year. That's $347 per month a buyer should budget. The assessed value increased +16.8% vs the subdivision average of +3.1%. This above-average increase gives a protest opportunity score of 90 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Liberty Hill ISDSchool1.2389%$4,275
Williamson CountyCounty0.3694%$1,275
Williamson County ESD #4 - Liberty HillESD0.0745%$257
Williamson County FM/RdCounty0.0443%$153
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7272%$5,959
90 / 100

There may be a strong case to protest this appraisal.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $654,263 would pay approximately $4,084 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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