407 OAK LN, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $349,315 and $511,177, with a best estimate of $440,228. That places the property below the I030D80G - NORTH HWY 29 median of $594,861, in a neighborhood that appreciated 3.1% over the past year.
Estimated Value Range
$440,228
$498,887
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in I030D80G - NORTH HWY 29, this home's estimated market value is between $349,315 and $511,177. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$96,358 for 321 sqft less living space and -$15,426 for being older. Net adjustment: -$111,784.
Adjusted -$212,829 for 709 sqft less living space and +$6,170 for being newer. Net adjustment: -$206,659.
Adjusted +$30,618 for 102 sqft more living space and -$55,532 for being older. Net adjustment: -$24,914.
Adjusted -$11,407 for 38 sqft less living space and -$12,340 for being older. Net adjustment: -$23,747.
Adjusted -$177,107 for 590 sqft less living space and +$21,596 for being newer. Net adjustment: -$155,511.
The Neighborhood
This home is valued 16.1% below the I030D80G - NORTH HWY 29 median of $594,861. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 3.1% over the past year.
I030D80G - NORTH HWY 29
below averageThis home is -16.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,617 across all districts. With a homestead exemption claimed, that drops to $6,790 — saving $1,827 per year. That's $566 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% | $6,181 |
| Williamson County | County | 0.3694% | $1,843 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $372 |
| Williamson County FM/Rd | County | 0.0443% | $221 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $8,617 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $440,228 would pay approximately $2,748 per month (principal and interest only, excluding taxes and insurance).