407 SUMMERWOOD DR, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $15,153 and $415,614, with a best estimate of $319,269. 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
$319,269
$199,204
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in I030D80G - NORTH HWY 29. The estimated range of $15,153 and $415,614 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$309,187 for 1,030 sqft less living space and -$46,277 for being older. Net adjustment: -$355,464.
Adjusted -$174,706 for 582 sqft less living space and -$83,298 for being older. Net adjustment: -$258,004.
Adjusted -$12,307 for 41 sqft less living space and -$104,894 for being older. Net adjustment: -$117,201.
Adjusted -$20,112 for 67 sqft less living space and -$111,064 for being older. Net adjustment: -$131,176.
Adjusted -$14,409 for 48 sqft less living space and -$114,149 for being older. Net adjustment: -$128,558.
The Neighborhood
This home is valued 66.5% 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
outlier lowThis home is -66.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,601 across all districts. With a homestead exemption claimed, that drops to $839 — saving $1,762 per year. That's $70 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% | $1,866 |
| Williamson County | County | 0.3694% | $556 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $112 |
| Williamson County FM/Rd | County | 0.0443% | $67 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $2,601 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $319,269 would pay approximately $1,993 per month (principal and interest only, excluding taxes and insurance).