229 LEELAND DR, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $223,077 and $423,513, with a best estimate of $318,336. That places the property below the I111425C - LARIAT median of $373,777, in a neighborhood that appreciated 112.4% over the past year.
Estimated Value Range
$318,336
$113,845
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in I111425C - LARIAT, this home's estimated market value is between $223,077 and $423,513. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$80,235 for 278 sqft less living space. Net adjustment: -$80,235.
Adjusted -$103,613 for 359 sqft less living space. Net adjustment: -$103,613.
Adjusted +$75,906 for 263 sqft more living space. Net adjustment: +$75,906.
Adjusted -$101,015 for 350 sqft less living space. Net adjustment: -$101,015.
Adjusted +$36,077 for 125 sqft more living space. Net adjustment: +$36,077.
The Neighborhood
This home is valued 69.5% below the I111425C - LARIAT median of $373,777. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 112.4% over the past year.
I111425C - LARIAT
outlier lowThis home is -69.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,048 across all districts. With a homestead exemption claimed, that drops to $1,616 — saving $1,432 per year. That's $135 per month a buyer should budget. The assessed value increased +30.9% vs the subdivision average of +112.4%. This increase gives a protest opportunity score of 40 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $1,410 |
| North San Gabriel MUD #1 | MUD | 0.9500% | $1,082 |
| Williamson County | County | 0.3694% | $421 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $85 |
| Williamson County FM/Rd | County | 0.0443% | $50 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.6772% | $3,048 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $318,336 would pay approximately $1,987 per month (principal and interest only, excluding taxes and insurance).