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146 ARENA DR, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

5 bed4 bath1,688 sqftBuilt 2024

Property at a Glance

This home is estimated between $492,653 and $2,497,330, with a best estimate of $514,270. That places the property above the I124422C - BUTLER FARMS median of $395,121, in a neighborhood that appreciated 17.6% over the past year.

Estimated Value Range

$492,653 $2,497,330
Best Estimate
$514,270
WCAD Value
$457,831
Low Confidence

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

There are 5 comparable properties within range, but none are in I124422C - BUTLER FARMS. The estimated range of $492,653 and $2,497,330 should be treated as a rough guide.

Comparable Properties (5)

4 bed 3 bath 1,678 sqft Built 2023
Raw Value $497,691
Adjusted Value $492,653

Adjusted +$2,568 for 10 sqft more living space and -$7,606 for being older. Net adjustment: -$5,038.

5 bed 4 bath 2,015 sqft Built 2019
Raw Value $636,272
Adjusted Value $514,270

Adjusted -$83,971 for 327 sqft less living space and -$38,031 for being older. Net adjustment: -$122,002.

4 bed 3 bath 1,738 sqft Built 2024
Raw Value $506,090
Adjusted Value $493,250

Adjusted -$12,840 for 50 sqft less living space. Net adjustment: -$12,840.

4 bed 3 bath 1,610 sqft Built 2022
Raw Value $548,557
Adjusted Value $553,374

Adjusted +$20,030 for 78 sqft more living space and -$15,213 for being older. Net adjustment: +$4,817.

CR 202, LIBERTY HILL, TX 78642
0.00 mi 95% similar
3 bed 1,620 sqft Built 2022
Raw Value $2,434,888
Adjusted Value $2,497,330

Adjusted +$17,462 for 68 sqft more living space and -$15,213 for being older and +$60,193 for having a garage. Net adjustment: +$62,442.

The Neighborhood

This home is valued 15.9% above the I124422C - BUTLER FARMS median of $395,121. With 288 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 17.6% over the past year.

I124422C - BUTLER FARMS

above average
288 Properties
$395,121 Median Value
+17.6% YoY Change
0% Have Pool
100% Have Garage
This Home
$457,831
Median
$395,121

This home is +15.9% above the subdivision median.

Tax Analysis

The estimated annual property tax is $10,057 across all districts. With a homestead exemption claimed, that drops to $8,214 — saving $1,843 per year. That's $685 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%$5,672
Liberty HillCity0.4694%$2,149
Williamson CountyCounty0.3694%$1,691
Williamson County ESD #4 - Liberty HillESD0.0745%$341
Williamson County FM/RdCounty0.0443%$203
Butler Farms PIDpid0.0000%$0
Williamson Central Appraisal Districtcad0.0000%$0
Tax District (T16)other0.0000%$0
Total Annual Tax2.1966%$10,057

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $514,270 would pay approximately $3,210 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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