2221 CR 282, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $736,283 and $1,823,053, with a best estimate of $958,393. That places the property above the I035D95E - LH ISD - South HWY 29 / WEST OF RONALD REAGAN median of $800,627, in a neighborhood that appreciated 16.3% over the past year.
Estimated Value Range
$958,393
$617,426
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in I035D95E - LH ISD - South HWY 29 / WEST OF RONALD REAGAN, this home's estimated market value is between $736,283 and $1,823,053. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$118,448 for 302 sqft more living space and +$7,419 for being newer. Net adjustment: +$125,867.
Adjusted -$139,235 for 355 sqft less living space and +$6,182 for being newer and +$149,576 for having a garage. Net adjustment: +$16,523.
Adjusted +$89,032 for 227 sqft more living space and -$3,709 for being older and +$149,576 for having a garage. Net adjustment: +$234,899.
Adjusted -$38,437 for 98 sqft less living space and +$7,419 for being newer. Net adjustment: -$31,018.
Adjusted +$65,892 for 168 sqft more living space and +$33,384 for being newer and +$149,576 for having a garage. Net adjustment: +$248,852.
The Neighborhood
This home is valued 22.9% below the I035D95E - LH ISD - South HWY 29 / WEST OF RONALD REAGAN median of $800,627. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 16.3% over the past year.
I035D95E - LH ISD - South HWY 29 / WEST OF RONALD REAGAN
below averageThis home is -22.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,720 across all districts. With a homestead exemption claimed, that drops to $6,892 — saving $1,828 per year. That's $574 per month a buyer should budget. The assessed value increased +20.8% vs the subdivision average of +16.3%. This above-average increase gives a protest opportunity score of 73 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $6,255 |
| Williamson County | County | 0.3694% | $1,865 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $376 |
| Williamson County FM/Rd | County | 0.0443% | $224 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $8,720 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $958,393 would pay approximately $5,982 per month (principal and interest only, excluding taxes and insurance).