116 PRAIRIE SONG LN, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $207,268 and $524,295, with a best estimate of $219,200. That places the property below the I124422C - BUTLER FARMS median of $395,121, in a neighborhood that appreciated 17.6% over the past year.
Estimated Value Range
$219,200
$311,440
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in I124422C - BUTLER FARMS. The estimated range of $207,268 and $524,295 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$53,670 for 209 sqft less living space and -$30,425 for being older. Net adjustment: -$84,095.
Adjusted -$49,304 for 192 sqft less living space and -$38,031 for being older. Net adjustment: -$87,335.
Adjusted +$120,179 for 468 sqft more living space. Net adjustment: +$120,179.
Adjusted -$77,295 for 301 sqft less living space and -$30,425 for being older. Net adjustment: -$107,720.
Adjusted -$97,325 for 379 sqft less living space and -$30,425 for being older. Net adjustment: -$127,750.
The Neighborhood
This home is valued 21.2% below the I124422C - BUTLER FARMS median of $395,121. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 17.6% over the past year.
I124422C - BUTLER FARMS
below averageThis home is -21.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,841 across all districts. With a homestead exemption claimed, that drops to $5,026 — saving $1,815 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% | $3,858 |
| Liberty Hill | City | 0.4694% | $1,462 |
| Williamson County | County | 0.3694% | $1,151 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $232 |
| Williamson County FM/Rd | County | 0.0443% | $138 |
| Butler Farms PID | pid | 0.0000% | $0 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T16) | other | 0.0000% | $0 |
| Total Annual Tax | 2.1966% | $6,841 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $219,200 would pay approximately $1,368 per month (principal and interest only, excluding taxes and insurance).