701 WAGON SPOKE WAY, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $355,869 and $368,162, with a best estimate of $362,651. That places the property below the L122416C - ORCHARD RIDGE median of $368,230, in a neighborhood that declined 2.1% over the past year.
Estimated Value Range
$362,651
$426,815
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L122416C - ORCHARD RIDGE, this home's estimated market value is between $355,869 and $368,162. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$7,274 for 33 sqft less living space. Net adjustment: -$7,274.
Adjusted -$5,290 for 24 sqft less living space and +$2,391 for being newer. Net adjustment: -$2,899.
Adjusted +$220 for 1 sqft more living space and +$4,781 for being newer. Net adjustment: +$5,001.
Adjusted +$7,715 for 35 sqft more living space and +$7,172 for being newer. Net adjustment: +$14,887.
Adjusted -$4,849 for 22 sqft less living space and +$4,781 for being newer. Net adjustment: -$68.
The Neighborhood
This home is valued 15.9% above the L122416C - ORCHARD RIDGE median of $368,230. With 729 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 2.1% over the past year.
L122416C - ORCHARD RIDGE
above averageThis home is +15.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,219 across all districts. With a homestead exemption claimed, that drops to $9,619 — saving $1,600 per year. That's $802 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 |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $4,639 |
| Williamson/Liberty Hill MUD | MUD | 0.9500% | $4,055 |
| Williamson County | County | 0.3694% | $1,577 |
| Austin Community College | special | 0.1034% | $441 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $318 |
| Williamson County FM/Rd | County | 0.0443% | $189 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.6286% | $11,219 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $362,651 would pay approximately $2,264 per month (principal and interest only, excluding taxes and insurance).