5981 Highway 29, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $490,725 and $1,235,695, with a best estimate of $1,097,600. That places the property above the I035D95E - LH ISD - South HWY 29 / WEST OF RONALD REAGAN median of $800,627, in a neighborhood that appreciated 16.3% over the past year.
Estimated Value Range
$1,097,600
$465,441
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in I035D95E - LH ISD - South HWY 29 / WEST OF RONALD REAGAN. The estimated range of $490,725 and $1,235,695 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$305,141 for 778 sqft more living space and +$7,419 for being newer and +$149,576 for having a garage. Net adjustment: +$462,136.
Adjusted -$213,755 for 545 sqft less living space and +$149,576 for having a garage. Net adjustment: -$64,179.
Adjusted +$207,088 for 528 sqft more living space and -$43,275 for being older. Net adjustment: +$163,813.
Adjusted +$119,625 for 305 sqft more living space and -$48,221 for being older and -$87,430 for no pool. Net adjustment: -$16,026.
Adjusted +$258,075 for 658 sqft more living space and -$48,221 for being older and +$149,576 for having a garage. Net adjustment: +$359,430.
The Neighborhood
This home is valued 41.9% below the I035D95E - LH ISD - South HWY 29 / WEST OF RONALD REAGAN median of $800,627. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 16.3% over the past year.
I035D95E - LH ISD - South HWY 29 / WEST OF RONALD REAGAN
below averageThis home is -41.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,044 across all districts. With a homestead exemption claimed, that drops to $5,234 — saving $1,810 per year. That's $436 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% | $5,053 |
| Williamson County | County | 0.3694% | $1,507 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $304 |
| Williamson County FM/Rd | County | 0.0443% | $181 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $7,044 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,097,600 would pay approximately $6,851 per month (principal and interest only, excluding taxes and insurance).