721 WAGON SPOKE WAY, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $321,806 and $334,098, with a best estimate of $328,587. That places the property below the L122416C - ORCHARD RIDGE median of $368,230, in a neighborhood that declined 2.1% over the past year.
Estimated Value Range
$328,587
$335,997
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L122416C - ORCHARD RIDGE, this home's estimated market value is between $321,806 and $334,098. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$34,165 for 155 sqft less living space and -$7,172 for being older. Net adjustment: -$41,337.
Adjusted -$32,182 for 146 sqft less living space and -$4,781 for being older. Net adjustment: -$36,963.
Adjusted -$26,671 for 121 sqft less living space and -$2,391 for being older. Net adjustment: -$29,062.
Adjusted -$19,177 for 87 sqft less living space. Net adjustment: -$19,177.
Adjusted -$31,741 for 144 sqft less living space and -$2,391 for being older. Net adjustment: -$34,132.
The Neighborhood
This home is valued 8.8% below the L122416C - ORCHARD RIDGE median of $368,230. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 2.1% over the past year.
L122416C - ORCHARD RIDGE
typicalThis home is -8.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,832 across all districts. With a homestead exemption claimed, that drops to $7,248 — saving $1,584 per year. That's $604 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 |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $3,652 |
| Williamson/Liberty Hill MUD | MUD | 0.9500% | $3,192 |
| Williamson County | County | 0.3694% | $1,241 |
| Austin Community College | special | 0.1034% | $347 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $250 |
| Williamson County FM/Rd | County | 0.0443% | $149 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.6286% | $8,832 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $328,587 would pay approximately $2,051 per month (principal and interest only, excluding taxes and insurance).