501 AMERICAN AVE, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $320,582 and $519,891, with a best estimate of $379,640. That places the property above the I212317D - LIBERTY PARKE median of $315,773, in a neighborhood that declined 3.3% over the past year.
Estimated Value Range
$379,640
$312,996
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in I212317D - LIBERTY PARKE, this home's estimated market value is between $320,582 and $519,891. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$53,959 for 269 sqft more living space. Net adjustment: +$53,959.
Adjusted +$62,784 for 313 sqft more living space and +$7,686 for being newer. Net adjustment: +$70,470.
Adjusted +$3,410 for 17 sqft more living space and +$7,686 for being newer. Net adjustment: +$11,096.
Adjusted +$141,215 for 704 sqft more living space. Net adjustment: +$141,215.
Adjusted +$141,215 for 704 sqft more living space. Net adjustment: +$141,215.
The Neighborhood
This home is in line with the I212317D - LIBERTY PARKE median of $315,773. Note that values in this subdivision declined 3.3% over the past year.
I212317D - LIBERTY PARKE
typicalThis home is -0.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,875 across all districts. With a homestead exemption claimed, that drops to $5,059 — saving $1,816 per year. That's $422 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% | $3,878 |
| Liberty Hill | City | 0.4694% | $1,469 |
| Williamson County | County | 0.3694% | $1,156 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $233 |
| Williamson County FM/Rd | County | 0.0443% | $139 |
| Liberty Parke PID | pid | 0.0000% | $0 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1966% | $6,875 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $379,640 would pay approximately $2,370 per month (principal and interest only, excluding taxes and insurance).