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205 ARENA DR, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

5 bed3 bath1,420 sqftBuilt 2023

Property at a Glance

This home is estimated between $269,851 and $460,891, with a best estimate of $358,231. 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

$269,851 $460,891
Best Estimate
$358,231
WCAD Value
$437,882
Low Confidence

Based on 5 comparable properties(2 in the same subdivision)

There are 5 comparable properties within range, but few are in I124422C - BUTLER FARMS. The estimated range of $269,851 and $460,891 should be treated as a rough guide.

Comparable Properties (5)

205 WINDSTAR RD, LIBERTY HILL, TX 78642
0.00 mi 99% similar Same subdivision
4 bed 2 bath 1,811 sqft Built 2023
Raw Value $370,257
Adjusted Value $269,851

Adjusted -$100,406 for 391 sqft less living space. Net adjustment: -$100,406.

205 LONGMOUNT CV, LIBERTY HILL, TX 78642
0.00 mi 99% similar Same subdivision
3 bed 2 bath 1,223 sqft Built 2023
Raw Value $307,643
Adjusted Value $358,231

Adjusted +$50,588 for 197 sqft more living space. Net adjustment: +$50,588.

5 bed 3 bath 1,711 sqft Built 2022
Raw Value $543,224
Adjusted Value $460,891

Adjusted -$74,727 for 291 sqft less living space and -$7,606 for being older. Net adjustment: -$82,333.

4 bed 3 bath 1,546 sqft Built 2019
Raw Value $387,591
Adjusted Value $324,810

Adjusted -$32,356 for 126 sqft less living space and -$30,425 for being older. Net adjustment: -$62,781.

4 bed 3 bath 1,678 sqft Built 2023
Raw Value $497,691
Adjusted Value $431,438

Adjusted -$66,253 for 258 sqft less living space. Net adjustment: -$66,253.

The Neighborhood

This home is valued 10.8% above the I124422C - BUTLER FARMS median of $395,121. With 288 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 17.6% over the past year.

I124422C - BUTLER FARMS

typical
288 Properties
$395,121 Median Value
+17.6% YoY Change
0% Have Pool
100% Have Garage
This Home
$437,882
Median
$395,121

This home is +10.8% above the subdivision median.

Tax Analysis

The estimated annual property tax is $9,618 across all districts. With a homestead exemption claimed, that drops to $7,780 — saving $1,838 per year. That's $648 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

DistrictTypeRateAnnual Amount
Liberty Hill ISDSchool1.2389%$5,425
Liberty HillCity0.4694%$2,055
Williamson CountyCounty0.3694%$1,618
Williamson County ESD #4 - Liberty HillESD0.0745%$326
Williamson County FM/RdCounty0.0443%$194
Butler Farms PIDpid0.0000%$0
Williamson Central Appraisal Districtcad0.0000%$0
Tax District (T16)other0.0000%$0
Total Annual Tax2.1966%$9,618

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $358,231 would pay approximately $2,236 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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