506 LONG RUN, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $297,220 and $643,667, with a best estimate of $435,425. 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
$435,425
$901,042
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in I030D80G - NORTH HWY 29. The estimated range of $297,220 and $643,667 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$100,861 for 336 sqft less living space and -$27,766 for being older. Net adjustment: -$128,627.
Adjusted -$33,020 for 110 sqft less living space and -$15,426 for being older. Net adjustment: -$48,446.
Adjusted -$16,210 for 54 sqft less living space and -$24,681 for being older. Net adjustment: -$40,891.
Adjusted +$18,011 for 60 sqft more living space and -$24,681 for being older. Net adjustment: -$6,670.
Adjusted +$24,915 for 83 sqft more living space and -$21,596 for being older. Net adjustment: +$3,319.
The Neighborhood
This home is valued 51.5% above the I030D80G - NORTH HWY 29 median of $594,861. With 1,319 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 3.1% over the past year.
I030D80G - NORTH HWY 29
outlier highThis home is +51.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,563 across all districts. With a homestead exemption claimed, that drops to $13,662 — saving $1,901 per year. That's $1,139 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% | $11,163 |
| Williamson County | County | 0.3694% | $3,329 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $671 |
| Williamson County FM/Rd | County | 0.0443% | $399 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $15,563 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $435,425 would pay approximately $2,718 per month (principal and interest only, excluding taxes and insurance).