501 OAK LN, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $414,443 and $1,088,159, with a best estimate of $517,196. That places the property below the I030D80G - NORTH HWY 29 median of $594,861, in a neighborhood that appreciated 3.1% over the past year.
Estimated Value Range
$517,196
$203,584
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 $414,443 and $1,088,159. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$136,883 for 456 sqft more living space and +$3,085 for being newer. Net adjustment: +$139,968.
Adjusted +$19,812 for 66 sqft more living space and +$6,170 for being newer. Net adjustment: +$25,982.
Adjusted +$46,828 for 156 sqft more living space and +$6,170 for being newer. Net adjustment: +$52,998.
Adjusted -$10,506 for 35 sqft less living space and -$37,021 for being older. Net adjustment: -$47,527.
Adjusted -$91,255 for 304 sqft less living space. Net adjustment: -$91,255.
The Neighborhood
This home is valued 65.8% 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
outlier lowThis home is -65.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,387 across all districts. With a homestead exemption claimed, that drops to $1,616 — saving $1,771 per year. That's $135 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% | $2,430 |
| Williamson County | County | 0.3694% | $725 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $146 |
| Williamson County FM/Rd | County | 0.0443% | $87 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $3,387 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $517,196 would pay approximately $3,228 per month (principal and interest only, excluding taxes and insurance).