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702 MAIN ST, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

2 bed1 bath1,020 sqftBuilt 1950

Property at a Glance

This home is estimated between $-7,760 and $369,673, with a best estimate of $204,217. That places the property below the I510D29I - Town of Liberty Hill - lt 1950 median of $318,084, in a neighborhood that appreciated 39.8% over the past year.

Estimated Value Range

$-7,760 $369,673
Best Estimate
$204,217
WCAD Value
$282,883
Medium Confidence

Based on 5 comparable properties(3 in the same subdivision)

Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $-7,760 and $369,673. More comparables in the same subdivision would strengthen this estimate.

Comparable Properties (5)

707 MAIN ST, LIBERTY HILL, TX 78642
0.00 mi 82% similar Same subdivision
3 bed 2 bath 2,400 sqft Built 1950
Raw Value $316,821
Adjusted Value $-7,760

Adjusted -$324,581 for 1,380 sqft less living space. Net adjustment: -$324,581.

1901 MAIN ST, LIBERTY HILL, TX 78642
0.00 mi 79% similar Same subdivision
3 bed 2 bath 2,040 sqft Built 1965
Raw Value $448,673
Adjusted Value $204,217

Adjusted -$239,907 for 1,020 sqft less living space and -$4,549 for being older. Net adjustment: -$244,456.

2 bed 2 bath 1,392 sqft Built 2001
Raw Value $352,944
Adjusted Value $192,038

Adjusted -$87,496 for 372 sqft less living space and -$15,466 for being older and -$57,944 for no garage. Net adjustment: -$160,906.

3 bed 1,182 sqft Built 1968
Raw Value $284,200
Adjusted Value $240,638

Adjusted -$38,103 for 162 sqft less living space and -$5,459 for being older. Net adjustment: -$43,562.

810 MAIN ST, LIBERTY HILL, TX 78642
0.00 mi 67% similar Same subdivision
3 bed 2 bath 1,712 sqft Built 1935
Raw Value $527,885
Adjusted Value $369,673

Adjusted -$162,761 for 692 sqft less living space and +$4,549 for being newer. Net adjustment: -$158,212.

The Neighborhood

This home is valued 11.1% below the I510D29I - Town of Liberty Hill - lt 1950 median of $318,084. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 39.8% over the past year.

I510D29I - Town of Liberty Hill - lt 1950

typical
216 Properties
$318,084 Median Value
+39.8% YoY Change
6% Have Pool
15% Have Garage
This Home
$282,883
Median
$318,084

This home is -11.1% below the subdivision median.

Tax Analysis

The estimated annual property tax is $6,214 across all districts. With a homestead exemption claimed, that drops to $4,404 — saving $1,810 per year. That's $367 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%$3,505
Liberty HillCity0.4694%$1,328
Williamson CountyCounty0.3694%$1,045
Williamson County ESD #4 - Liberty HillESD0.0745%$211
Williamson County FM/RdCounty0.0443%$125
Williamson Central Appraisal Districtcad0.0000%$0
Tax District (T20)other0.0000%$0
Total Annual Tax2.1966%$6,214

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $204,217 would pay approximately $1,275 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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