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405 MAIN ST, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

3 bed2 bath1,568 sqftBuilt 1910

Property at a Glance

This home is estimated between $249,549 and $413,612, with a best estimate of $298,509. 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

$249,549 $413,612
Best Estimate
$298,509
WCAD Value
$545,965
Low Confidence

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

There are 5 comparable properties within range, but none are in I510D29I - Town of Liberty Hill - lt 1950. The estimated range of $249,549 and $413,612 should be treated as a rough guide.

Comparable Properties (5)

3 bed 2 bath 1,592 sqft Built 2023
Raw Value $489,230
Adjusted Value $391,374

Adjusted -$5,645 for 24 sqft less living space and -$34,267 for being older and -$57,944 for no garage. Net adjustment: -$97,856.

3 bed 2 bath 1,382 sqft Built 2022
Raw Value $297,709
Adjusted Value $249,549

Adjusted +$43,748 for 186 sqft more living space and -$33,964 for being older and -$57,944 for no garage. Net adjustment: -$48,160.

2 bed 2 bath 1,617 sqft Built 2022
Raw Value $401,942
Adjusted Value $298,509

Adjusted -$11,525 for 49 sqft less living space and -$33,964 for being older and -$57,944 for no garage. Net adjustment: -$103,433.

3 bed 2 bath 2,099 sqft Built 2024
Raw Value $480,454
Adjusted Value $263,046

Adjusted -$124,893 for 531 sqft less living space and -$34,571 for being older and -$57,944 for no garage. Net adjustment: -$217,408.

4 bed 3 bath 1,551 sqft Built 2023
Raw Value $501,825
Adjusted Value $413,612

Adjusted +$3,998 for 17 sqft more living space and -$34,267 for being older and -$57,944 for no garage. Net adjustment: -$88,213.

The Neighborhood

This home is valued 71.6% above the I510D29I - Town of Liberty Hill - lt 1950 median of $318,084. With 216 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 39.8% over the past year.

I510D29I - Town of Liberty Hill - lt 1950

outlier high
216 Properties
$318,084 Median Value
+39.8% YoY Change
6% Have Pool
15% Have Garage
This Home
$545,965
Median
$318,084

This home is +71.6% above the subdivision median.

Tax Analysis

The estimated annual property tax is $11,329 across all districts. With a homestead exemption claimed, that drops to $9,475 — saving $1,854 per year. That's $790 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%$6,390
Liberty HillCity0.4694%$2,421
Williamson CountyCounty0.3694%$1,905
Williamson County ESD #4 - Liberty HillESD0.0745%$384
Williamson County FM/RdCounty0.0443%$229
Williamson Central Appraisal Districtcad0.0000%$0
Tax District (T20)other0.0000%$0
Total Annual Tax2.1966%$11,329

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $298,509 would pay approximately $1,863 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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