503 MAIN ST, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $180,798 and $429,196, with a best estimate of $380,596. That places the property above the I510D29I - Town of Liberty Hill - lt 1950 median of $318,084, in a neighborhood that appreciated 39.8% over the past year.
Estimated Value Range
$380,596
$296,511
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in I510D29I - Town of Liberty Hill - lt 1950. The estimated range of $180,798 and $429,196 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$178,755 for 760 sqft less living space and +$122,856 for having a pool. Net adjustment: -$55,899.
Adjusted -$263,428 for 1,120 sqft less living space and +$4,549 for being newer and +$122,856 for having a pool. Net adjustment: -$136,023.
Adjusted +$6,115 for 26 sqft more living space and -$11,220 for being older and +$122,856 for having a pool and -$57,944 for no garage. Net adjustment: +$59,807.
Adjusted +$23,050 for 98 sqft more living space and -$910 for being older and +$122,856 for having a pool. Net adjustment: +$144,996.
Adjusted -$26,343 for 112 sqft less living space and -$10,917 for being older and +$122,856 for having a pool and -$57,944 for no garage. Net adjustment: +$27,652.
The Neighborhood
This home is valued 6.8% below the I510D29I - Town of Liberty Hill - lt 1950 median of $318,084. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 39.8% over the past year.
I510D29I - Town of Liberty Hill - lt 1950
typicalThis home is -6.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,513 across all districts. With a homestead exemption claimed, that drops to $4,700 — saving $1,813 per year. That's $392 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% | $3,673 |
| Liberty Hill | City | 0.4694% | $1,392 |
| Williamson County | County | 0.3694% | $1,095 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $221 |
| Williamson County FM/Rd | County | 0.0443% | $131 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T20) | other | 0.0000% | $0 |
| Total Annual Tax | 2.1966% | $6,513 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $380,596 would pay approximately $2,376 per month (principal and interest only, excluding taxes and insurance).