601 INDEPENDENCE AVE, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $304,942 and $321,290, with a best estimate of $311,357. That places the property below the I212317D - LIBERTY PARKE median of $315,773, in a neighborhood that declined 3.3% over the past year.
Estimated Value Range
$311,357
$320,100
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in I212317D - LIBERTY PARKE, this home's estimated market value is between $304,942 and $321,290. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$21,664 for 108 sqft more living space. Net adjustment: +$21,664.
Adjusted -$3,611 for 18 sqft less living space. Net adjustment: -$3,611.
Adjusted +$25,074 for 125 sqft more living space. Net adjustment: +$25,074.
This comparable closely matches the subject property's features.
This comparable closely matches the subject property's features.
The Neighborhood
This home is valued 1.4% above the I212317D - LIBERTY PARKE median of $315,773. With 568 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.3% over the past year.
I212317D - LIBERTY PARKE
typicalThis home is +1.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,031 across all districts. With a homestead exemption claimed, that drops to $5,214 — saving $1,817 per year. That's $435 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
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $3,966 |
| Liberty Hill | City | 0.4694% | $1,503 |
| Williamson County | County | 0.3694% | $1,183 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $238 |
| Williamson County FM/Rd | County | 0.0443% | $142 |
| Liberty Parke PID | pid | 0.0000% | $0 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1966% | $7,031 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $311,357 would pay approximately $1,943 per month (principal and interest only, excluding taxes and insurance).