118A/B BAILEY LN, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $420,005 and $838,723, with a best estimate of $572,580. That places the property above the I505X - LIBERTY PLACE - DUPLEX median of $284,787, in a neighborhood that declined 12.7% over the past year.
Estimated Value Range
$572,580
$812,271
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in I505X - LIBERTY PLACE - DUPLEX. The estimated range of $420,005 and $838,723 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$15,809 for 71 sqft less living space and +$3,404 for being newer. Net adjustment: -$12,405.
Adjusted +$4,453 for 20 sqft more living space and +$13,191 for being newer. Net adjustment: +$17,644.
Adjusted -$193,718 for 870 sqft less living space and +$12,340 for being newer. Net adjustment: -$181,378.
Adjusted -$240,477 for 1,080 sqft less living space and +$2,553 for being newer. Net adjustment: -$237,924.
Adjusted +$92,628 for 416 sqft more living space and +$13,616 for being newer. Net adjustment: +$106,244.
The Neighborhood
This home is valued 185.2% above the I505X - LIBERTY PLACE - DUPLEX median of $284,787. With 109 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 12.7% over the past year.
I505X - LIBERTY PLACE - DUPLEX
outlier highThis home is +185.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $17,842 across all districts. With a homestead exemption claimed, that drops to $15,920 — saving $1,922 per year. That's $1,327 per month a buyer should budget. The assessed value increased -5.5% vs the subdivision average of -12.7%. This above-average increase gives a protest opportunity score of 36 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $10,063 |
| Liberty Hill | City | 0.4694% | $3,813 |
| Williamson County | County | 0.3694% | $3,001 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $605 |
| Williamson County FM/Rd | County | 0.0443% | $360 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T20) | other | 0.0000% | $0 |
| Total Annual Tax | 2.1966% | $17,842 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $572,580 would pay approximately $3,574 per month (principal and interest only, excluding taxes and insurance).