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1120 LP 332, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

3 bed2,460 sqftBuilt 1983

Property at a Glance

This home is estimated between $519,106 and $822,184, with a best estimate of $607,093. That places the property below the N15PS - Small Office (< 10,000 Sf)-liberty Hill median of $1,683,719, in a neighborhood that declined 1.1% over the past year.

Estimated Value Range

$519,106 $822,184
Best Estimate
$607,093
WCAD Value
$801,866
Low Confidence

Based on 5 comparable properties(0 in the same subdivision)

There are 5 comparable properties within range, but none are in N15PS - Small Office (< 10,000 Sf)-liberty Hill. The estimated range of $519,106 and $822,184 should be treated as a rough guide.

Comparable Properties (5)

3 bed 2,954 sqft Built 2019
Raw Value $1,230,713
Adjusted Value $709,715

Adjusted -$168,715 for 494 sqft less living space and -$292,090 for being older and -$60,193 for no garage. Net adjustment: -$520,998.

3 bed 2 bath 2,369 sqft Built 2001
Raw Value $937,150
Adjusted Value $822,184

Adjusted +$31,079 for 91 sqft more living space and -$146,045 for being older. Net adjustment: -$114,966.

3 bed 2 bath 2,804 sqft Built 1999
Raw Value $865,426
Adjusted Value $557,929

Adjusted -$117,486 for 344 sqft less living space and -$129,818 for being older and -$60,193 for no garage. Net adjustment: -$307,497.

3 bed 2 bath 2,380 sqft Built 1950
Raw Value $312,022
Adjusted Value $607,093

Adjusted +$27,322 for 80 sqft more living space and +$267,749 for being newer. Net adjustment: +$295,071.

3 bed 2 bath 3,171 sqft Built 2000
Raw Value $960,057
Adjusted Value $519,106

Adjusted -$242,827 for 711 sqft less living space and -$137,931 for being older and -$60,193 for no garage. Net adjustment: -$440,951.

The Neighborhood

This home is valued 52.4% below the N15PS - Small Office (< 10,000 Sf)-liberty Hill median of $1,683,719. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.1% over the past year.

N15PS - Small Office (< 10,000 Sf)-liberty Hill

outlier low
11 Properties
$1,683,719 Median Value
-1.1% YoY Change
0% Have Pool
9% Have Garage
This Home
$801,866
Median
$1,683,719

This home is -52.4% below the subdivision median.

Tax Analysis

The estimated annual property tax is $17,614 across all districts. With a homestead exemption claimed, that drops to $15,693 — saving $1,921 per year. That's $1,308 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%$9,934
Liberty HillCity0.4694%$3,764
Williamson CountyCounty0.3694%$2,962
Williamson County ESD #4 - Liberty HillESD0.0745%$597
Williamson County FM/RdCounty0.0443%$355
Williamson Central Appraisal Districtcad0.0000%$0
Tax District (T20)other0.0000%$0
Total Annual Tax2.1966%$17,614

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $607,093 would pay approximately $3,789 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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