224 FREEDOM PARK AVE, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $248,082 and $318,032, with a best estimate of $272,259. That places the property below the I212317D - LIBERTY PARKE median of $315,773, in a neighborhood that declined 3.3% over the past year.
Estimated Value Range
$272,259
$325,028
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 $248,082 and $318,032. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$23,268 for 116 sqft more living space. Net adjustment: +$23,268.
Adjusted -$70,607 for 352 sqft less living space. Net adjustment: -$70,607.
Adjusted -$37,109 for 185 sqft less living space. Net adjustment: -$37,109.
Adjusted -$37,109 for 185 sqft less living space. Net adjustment: -$37,109.
Adjusted -$32,696 for 163 sqft less living space. Net adjustment: -$32,696.
The Neighborhood
This home is valued 2.9% above the I212317D - LIBERTY PARKE median of $315,773. With 568 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.3% over the past year.
I212317D - LIBERTY PARKE
typicalThis home is +2.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,139 across all districts. With a homestead exemption claimed, that drops to $5,322 — saving $1,817 per year. That's $444 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% | $4,027 |
| Liberty Hill | City | 0.4694% | $1,526 |
| Williamson County | County | 0.3694% | $1,201 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $242 |
| Williamson County FM/Rd | County | 0.0443% | $144 |
| Liberty Parke PID | pid | 0.0000% | $0 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1966% | $7,139 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $272,259 would pay approximately $1,699 per month (principal and interest only, excluding taxes and insurance).