305 INDEPENDENCE AVE, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $257,546 and $351,417, with a best estimate of $331,125. That places the property above the I212317D - LIBERTY PARKE median of $315,773, in a neighborhood that declined 3.3% over the past year.
Estimated Value Range
$331,125
$311,328
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 $257,546 and $351,417. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$52,153 for 260 sqft more living space. Net adjustment: +$52,153.
Adjusted +$19,257 for 96 sqft more living space. Net adjustment: +$19,257.
Adjusted -$48,944 for 244 sqft less living space. Net adjustment: -$48,944.
Adjusted +$30,490 for 152 sqft more living space. Net adjustment: +$30,490.
Adjusted -$81,840 for 408 sqft less living space and +$7,686 for being newer. Net adjustment: -$74,154.
The Neighborhood
This home is valued 1.4% below the I212317D - LIBERTY PARKE median of $315,773. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.3% over the past year.
I212317D - LIBERTY PARKE
typicalThis home is -1.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,839 across all districts. With a homestead exemption claimed, that drops to $5,023 — saving $1,816 per year. That's $419 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% | $3,857 |
| Liberty Hill | City | 0.4694% | $1,461 |
| Williamson County | County | 0.3694% | $1,150 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $232 |
| Williamson County FM/Rd | County | 0.0443% | $138 |
| Liberty Parke PID | pid | 0.0000% | $0 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1966% | $6,839 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $331,125 would pay approximately $2,067 per month (principal and interest only, excluding taxes and insurance).