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166 ARENA DR, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

5 bed3 bath1,420 sqftBuilt 2023

Property at a Glance

This home is estimated between $320,826 and $506,149, with a best estimate of $440,885. 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

$320,826 $506,149
Best Estimate
$440,885
WCAD Value
$437,780
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 $320,826 and $506,149 should be treated as a rough guide.

Comparable Properties (5)

5 bed 4 bath 1,610 sqft Built 2022
Raw Value $495,445
Adjusted Value $439,048

Adjusted -$48,791 for 190 sqft less living space and -$7,606 for being older. Net adjustment: -$56,397.

4 bed 3 bath 1,205 sqft Built 2024
Raw Value $403,238
Adjusted Value $466,054

Adjusted +$55,210 for 215 sqft more living space and +$7,606 for being newer. Net adjustment: +$62,816.

4 bed 3 bath 1,678 sqft Built 2024
Raw Value $499,532
Adjusted Value $440,885

Adjusted -$66,253 for 258 sqft less living space and +$7,606 for being newer. Net adjustment: -$58,647.

4 bed 3 bath 2,094 sqft Built 2022
Raw Value $686,833
Adjusted Value $506,149

Adjusted -$173,078 for 674 sqft less living space and -$7,606 for being older. Net adjustment: -$180,684.

3 bed 2 bath 1,609 sqft Built 2022
Raw Value $376,966
Adjusted Value $320,826

Adjusted -$48,534 for 189 sqft less living space and -$7,606 for being older. Net adjustment: -$56,140.

The Neighborhood

This home is valued 10.8% 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

typical
288 Properties
$395,121 Median Value
+17.6% YoY Change
0% Have Pool
100% Have Garage
This Home
$437,780
Median
$395,121

This home is +10.8% above the subdivision median.

Tax Analysis

The estimated annual property tax is $9,616 across all districts. With a homestead exemption claimed, that drops to $7,777 — saving $1,839 per year. That's $648 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%$5,424
Liberty HillCity0.4694%$2,055
Williamson CountyCounty0.3694%$1,617
Williamson County ESD #4 - Liberty HillESD0.0745%$326
Williamson County FM/RdCounty0.0443%$194
Butler Farms PIDpid0.0000%$0
Williamson Central Appraisal Districtcad0.0000%$0
Tax District (T16)other0.0000%$0
Total Annual Tax2.1966%$9,616

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $440,885 would pay approximately $2,752 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 4/17/2026.

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