216 SPENCE LN, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $654,984 and $847,990, with a best estimate of $734,918. That places the property below the I122617A - Hidden Oak Estates/River oaks median of $900,978, in a neighborhood that declined 1.1% over the past year.
Estimated Value Range
$734,918
$1,169,616
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in I122617A - Hidden Oak Estates/River oaks. The estimated range of $654,984 and $847,990 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$87,016 for 322 sqft less living space. Net adjustment: -$87,016.
Adjusted -$45,400 for 168 sqft less living space and -$13,907 for being older. Net adjustment: -$59,307.
Adjusted +$7,296 for 27 sqft more living space and +$13,907 for being newer. Net adjustment: +$21,203.
Adjusted +$142,685 for 528 sqft more living space and -$41,720 for being older. Net adjustment: +$100,965.
Adjusted -$264,021 for 977 sqft less living space and +$27,813 for being newer. Net adjustment: -$236,208.
The Neighborhood
This home is valued 29.8% above the I122617A - Hidden Oak Estates/River oaks median of $900,978. With 202 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.1% over the past year.
I122617A - Hidden Oak Estates/River oaks
above averageThis home is +29.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $25,231 across all districts. With a homestead exemption claimed, that drops to $23,280 — saving $1,951 per year. That's $1,940 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% | $14,490 |
| North San Gabriel MUD #2 | MUD | 0.4300% | $5,029 |
| Williamson County | County | 0.3694% | $4,321 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $871 |
| Williamson County FM/Rd | County | 0.0443% | $518 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1572% | $25,231 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $734,918 would pay approximately $4,587 per month (principal and interest only, excluding taxes and insurance).