500 LONG RUN, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $1,922,431 and $2,571,399, with a best estimate of $2,469,842. 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
$2,469,842
$1,637,195
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $1,922,431 and $2,571,399. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$606,066 for 2,019 sqft more living space and +$43,192 for being newer. Net adjustment: +$649,258.
Adjusted +$1,839,211 for 6,127 sqft more living space and -$40,106 for being older. Net adjustment: +$1,799,105.
Adjusted +$1,305,189 for 4,348 sqft more living space and -$12,340 for being older. Net adjustment: +$1,292,849.
Adjusted +$1,735,649 for 5,782 sqft more living space. Net adjustment: +$1,735,649.
Adjusted +$1,522,820 for 5,073 sqft more living space and -$40,106 for being older. Net adjustment: +$1,482,714.
The Neighborhood
This home is valued 175.2% above the I030D80G - NORTH HWY 29 median of $594,861. With 1,319 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 3.1% over the past year.
I030D80G - NORTH HWY 29
outlier highThis home is +175.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $19,961 across all districts. With a homestead exemption claimed, that drops to $18,013 — saving $1,948 per year. That's $1,501 per month a buyer should budget. The assessed value increased +9.0% vs the subdivision average of +3.1%. This above-average increase gives a protest opportunity score of 55 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $14,318 |
| Williamson County | County | 0.3694% | $4,270 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $861 |
| Williamson County FM/Rd | County | 0.0443% | $512 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $19,961 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $2,469,842 would pay approximately $15,417 per month (principal and interest only, excluding taxes and insurance).