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204 HOBBY HORSE, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

4 bed3 bath1,701 sqftBuilt 2007

Property at a Glance

This home is estimated between $296,010 and $735,526, with a best estimate of $385,902. That places the property below the I145501E - Sundance Estates median of $550,751, in a neighborhood that declined 4.9% over the past year.

Estimated Value Range

$296,010 $735,526
Best Estimate
$385,902
WCAD Value
$708,555
Medium Confidence

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 $296,010 and $735,526. More comparables in the same subdivision would strengthen this estimate.

Comparable Properties (5)

200 SPEED HORSE, LIBERTY HILL, TX 78642
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,605 sqft Built 2005
Raw Value $698,363
Adjusted Value $735,526

Adjusted +$23,246 for 96 sqft more living space and +$13,917 for being newer. Net adjustment: +$37,163.

205 HOBBY HORSE, LIBERTY HILL, TX 78642
0.03 mi 100% similar Same subdivision
4 bed 3 bath 2,600 sqft Built 2006
Raw Value $546,970
Adjusted Value $336,238

Adjusted -$217,690 for 899 sqft less living space and +$6,958 for being newer. Net adjustment: -$210,732.

304 SPEED HORSE, LIBERTY HILL, TX 78642
0.08 mi 100% similar Same subdivision
3 bed 2 bath 1,934 sqft Built 2006
Raw Value $485,333
Adjusted Value $435,871

Adjusted -$56,420 for 233 sqft less living space and +$6,958 for being newer. Net adjustment: -$49,462.

212 SPEED HORSE, LIBERTY HILL, TX 78642
0.04 mi 100% similar Same subdivision
4 bed 3 bath 2,819 sqft Built 2003
Raw Value $628,789
Adjusted Value $385,902

Adjusted -$270,720 for 1,118 sqft less living space and +$27,833 for being newer. Net adjustment: -$242,887.

4 bed 3 bath 1,776 sqft Built 2020
Raw Value $404,629
Adjusted Value $296,010

Adjusted -$18,161 for 75 sqft less living space and -$90,458 for being older. Net adjustment: -$108,619.

The Neighborhood

This home is valued 28.7% above the I145501E - Sundance Estates median of $550,751. With 253 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.9% over the past year.

I145501E - Sundance Estates

above average
253 Properties
$550,751 Median Value
-4.9% YoY Change
1% Have Pool
95% Have Garage
This Home
$708,555
Median
$550,751

This home is +28.7% above the subdivision median.

Tax Analysis

The estimated annual property tax is $12,238 across all districts. With a homestead exemption claimed, that drops to $10,373 — saving $1,865 per year. That's $864 per month a buyer should budget. The assessed value increased +1.3% vs the subdivision average of -4.9%. This above-average increase gives a protest opportunity score of 31 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Liberty Hill ISDSchool1.2389%$8,778
Williamson CountyCounty0.3694%$2,618
Williamson County ESD #4 - Liberty HillESD0.0745%$528
Williamson County FM/RdCounty0.0443%$314
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7272%$12,238
31 / 100

Some opportunity.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $385,902 would pay approximately $2,409 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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