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240 HOBBY HORSE, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

3 bed2 bath2,299 sqftBuilt 2005

Property at a Glance

This home is estimated between $283,734 and $747,670, with a best estimate of $632,772. That places the property above the I145501E - Sundance Estates median of $550,751, in a neighborhood that declined 4.9% over the past year.

Estimated Value Range

$283,734 $747,670
Best Estimate
$632,772
WCAD Value
$549,683
Low Confidence

Based on 5 comparable properties(0 in the same subdivision)

There are 5 comparable properties within range, but none are in I145501E - Sundance Estates. The estimated range of $283,734 and $747,670 should be treated as a rough guide.

Comparable Properties (5)

3 bed 2 bath 2,145 sqft Built 2012
Raw Value $644,189
Adjusted Value $632,772

Adjusted +$37,291 for 154 sqft more living space and -$48,708 for being older. Net adjustment: -$11,417.

3 bed 2 bath 2,527 sqft Built 2000
Raw Value $768,088
Adjusted Value $747,670

Adjusted -$55,210 for 228 sqft less living space and +$34,792 for being newer. Net adjustment: -$20,418.

3 bed 2 bath 1,920 sqft Built 2005
Raw Value $306,025
Adjusted Value $397,799

Adjusted +$91,774 for 379 sqft more living space. Net adjustment: +$91,774.

3 bed 2 bath 2,255 sqft Built 2022
Raw Value $391,372
Adjusted Value $283,734

Adjusted +$10,654 for 44 sqft more living space and -$118,292 for being older. Net adjustment: -$107,638.

3 bed 2 bath 2,683 sqft Built 1998
Raw Value $678,268
Adjusted Value $633,992

Adjusted -$92,984 for 384 sqft less living space and +$48,708 for being newer. Net adjustment: -$44,276.

The Neighborhood

This home is in line with the I145501E - Sundance Estates median of $550,751. Note that values in this subdivision declined 4.9% over the past year.

I145501E - Sundance Estates

typical
253 Properties
$550,751 Median Value
-4.9% YoY Change
1% Have Pool
95% Have Garage
This Home
$549,683
Median
$550,751

This home is -0.2% below the subdivision median.

Tax Analysis

The estimated annual property tax is $9,494 across all districts. With a homestead exemption claimed, that drops to $7,658 — saving $1,836 per year. That's $638 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

DistrictTypeRateAnnual Amount
Liberty Hill ISDSchool1.2389%$6,810
Williamson CountyCounty0.3694%$2,031
Williamson County ESD #4 - Liberty HillESD0.0745%$409
Williamson County FM/RdCounty0.0443%$244
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7272%$9,494

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $632,772 would pay approximately $3,950 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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