301 PHILLIP LN, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $79,919 and $343,563, with a best estimate of $275,502. 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
$275,502
$483,577
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 $79,919 and $343,563. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$24,615 for 82 sqft less living space. Net adjustment: -$24,615.
Adjusted -$313,389 for 1,044 sqft less living space and +$24,681 for being newer. Net adjustment: -$288,708.
Adjusted +$6,604 for 22 sqft more living space and -$95,639 for being older. Net adjustment: -$89,035.
Adjusted -$198,720 for 662 sqft less living space and +$24,681 for being newer. Net adjustment: -$174,039.
Adjusted -$391,737 for 1,305 sqft less living space and -$24,681 for being older. Net adjustment: -$416,418.
The Neighborhood
This home is valued 18.7% 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
below averageThis home is -18.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,352 across all districts. With a homestead exemption claimed, that drops to $6,528 — saving $1,824 per year. That's $544 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% | $5,991 |
| Williamson County | County | 0.3694% | $1,787 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $360 |
| Williamson County FM/Rd | County | 0.0443% | $214 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $8,352 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $275,502 would pay approximately $1,720 per month (principal and interest only, excluding taxes and insurance).