248 OAK HILL DR, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $916,399 and $1,125,701, with a best estimate of $1,041,068. That places the property above the I243516B - IRON OAKS median of $842,933, in a neighborhood that declined 7.9% over the past year.
Estimated Value Range
$1,041,068
$800,175
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $916,399 and $1,125,701. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$1,115 for 4 sqft less living space and -$5,756 for being older. Net adjustment: -$6,871.
Adjusted +$131,540 for 472 sqft more living space and -$17,267 for being older. Net adjustment: +$114,273.
Adjusted +$214,310 for 769 sqft more living space and -$5,756 for being older. Net adjustment: +$208,554.
Adjusted +$164,982 for 592 sqft more living space and +$126,627 for being newer. Net adjustment: +$291,609.
Adjusted +$344,735 for 1,237 sqft more living space and +$86,337 for being newer and +$60,193 for having a garage. Net adjustment: +$491,265.
The Neighborhood
This home is valued 5.1% below the I243516B - IRON OAKS median of $842,933. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.9% over the past year.
I243516B - IRON OAKS
typicalThis home is -5.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $13,820 across all districts. With a homestead exemption claimed, that drops to $11,938 — saving $1,882 per year. That's $995 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% | $9,913 |
| Williamson County | County | 0.3694% | $2,956 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $596 |
| Williamson County FM/Rd | County | 0.0443% | $355 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $13,820 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,041,068 would pay approximately $6,498 per month (principal and interest only, excluding taxes and insurance).