702 PHILLIP LN, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $244,973 and $688,296, with a best estimate of $392,480. 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
$392,480
$538,808
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in I030D80G - NORTH HWY 29. The estimated range of $244,973 and $688,296 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$15,609 for 52 sqft less living space and -$27,766 for being older. Net adjustment: -$43,375.
Adjusted -$46,828 for 156 sqft less living space and -$37,021 for being older. Net adjustment: -$83,849.
Adjusted -$169,002 for 563 sqft less living space and +$6,170 for being newer. Net adjustment: -$162,832.
Adjusted -$27,617 for 92 sqft less living space and -$67,873 for being older. Net adjustment: -$95,490.
Adjusted -$9,606 for 32 sqft less living space and -$64,787 for being older. Net adjustment: -$74,393.
The Neighborhood
This home is valued 9.4% 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
typicalThis home is -9.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,306 across all districts. With a homestead exemption claimed, that drops to $7,472 — saving $1,834 per year. That's $623 per month a buyer should budget. The assessed value increased +6.2% vs the subdivision average of +3.1%. This above-average increase gives a protest opportunity score of 31 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $6,675 |
| Williamson County | County | 0.3694% | $1,991 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $401 |
| Williamson County FM/Rd | County | 0.0443% | $239 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $9,306 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $392,480 would pay approximately $2,450 per month (principal and interest only, excluding taxes and insurance).