227 SPENCE LN, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $992,456 and $1,219,617, with a best estimate of $1,065,733. That places the property above the I122617A - Hidden Oak Estates/River oaks median of $900,978, in a neighborhood that declined 1.1% over the past year.
Estimated Value Range
$1,065,733
$598,279
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in I122617A - Hidden Oak Estates/River oaks. The estimated range of $992,456 and $1,219,617 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$48,372 for 179 sqft more living space and +$41,720 for being newer. Net adjustment: +$90,092.
Adjusted +$5,405 for 20 sqft more living space and +$41,720 for being newer. Net adjustment: +$47,125.
Adjusted +$92,961 for 344 sqft more living space and +$27,813 for being newer. Net adjustment: +$120,774.
Adjusted +$44,319 for 164 sqft more living space and +$13,907 for being newer. Net adjustment: +$58,226.
Adjusted +$188,355 for 697 sqft more living space and +$83,439 for being newer. Net adjustment: +$271,794.
The Neighborhood
This home is valued 33.6% below the I122617A - Hidden Oak Estates/River oaks median of $900,978. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.1% over the past year.
I122617A - Hidden Oak Estates/River oaks
below averageThis home is -33.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,906 across all districts. With a homestead exemption claimed, that drops to $11,061 — saving $1,845 per year. That's $922 per month a buyer should budget. The assessed value increased +165.4% vs the subdivision average of -1.1%. This above-average increase gives a protest opportunity score of 100 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $7,412 |
| North San Gabriel MUD #2 | MUD | 0.4300% | $2,573 |
| Williamson County | County | 0.3694% | $2,210 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $446 |
| Williamson County FM/Rd | County | 0.0443% | $265 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1572% | $12,906 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,065,733 would pay approximately $6,652 per month (principal and interest only, excluding taxes and insurance).