308 RIVER RD, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $492,928 and $811,246, with a best estimate of $772,369. That places the property above the I030D80G - NORTH HWY 29 median of $594,861, in a neighborhood that appreciated 3.1% over the past year.
Estimated Value Range
$772,369
$333,919
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $492,928 and $811,246. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$87,053 for 290 sqft more living space and -$64,787 for being older. Net adjustment: +$22,266.
Adjusted +$268,963 for 896 sqft more living space and +$24,681 for being newer. Net adjustment: +$293,644.
Adjusted +$443,068 for 1,476 sqft more living space. Net adjustment: +$443,068.
Adjusted +$154,293 for 514 sqft more living space and +$24,681 for being newer. Net adjustment: +$178,974.
Adjusted -$30,919 for 103 sqft less living space and +$15,426 for being newer. Net adjustment: -$15,493.
The Neighborhood
This home is valued 43.9% below the I030D80G - NORTH HWY 29 median of $594,861. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 3.1% over the past year.
I030D80G - NORTH HWY 29
below averageThis home is -43.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,025 across all districts. With a homestead exemption claimed, that drops to $2,247 — saving $1,778 per year. That's $187 per month a buyer should budget. The assessed value increased +8.6% vs the subdivision average of +3.1%. This above-average increase gives a protest opportunity score of 43 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $2,887 |
| Williamson County | County | 0.3694% | $861 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $174 |
| Williamson County FM/Rd | County | 0.0443% | $103 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $4,025 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $772,369 would pay approximately $4,821 per month (principal and interest only, excluding taxes and insurance).