401 INDEPENDENCE AVE, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $290,024 and $384,393, with a best estimate of $372,140. That places the property above the I212317D - LIBERTY PARKE median of $315,773, in a neighborhood that declined 3.3% over the past year.
Estimated Value Range
$372,140
$318,031
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in I212317D - LIBERTY PARKE, this home's estimated market value is between $290,024 and $384,393. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$73,817 for 368 sqft more living space and +$7,686 for being newer. Net adjustment: +$81,503.
Adjusted -$45,133 for 225 sqft less living space and +$7,686 for being newer. Net adjustment: -$37,447.
Adjusted -$42,525 for 212 sqft less living space. Net adjustment: -$42,525.
Adjusted +$67,197 for 335 sqft more living space. Net adjustment: +$67,197.
Adjusted +$63,587 for 317 sqft more living space. Net adjustment: +$63,587.
The Neighborhood
This home is in line with the I212317D - LIBERTY PARKE median of $315,773. Note that values in this subdivision declined 3.3% over the past year.
I212317D - LIBERTY PARKE
typicalThis home is +0.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,986 across all districts. With a homestead exemption claimed, that drops to $5,169 — saving $1,817 per year. That's $431 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% | $3,940 |
| Liberty Hill | City | 0.4694% | $1,493 |
| Williamson County | County | 0.3694% | $1,175 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $237 |
| Williamson County FM/Rd | County | 0.0443% | $141 |
| Liberty Parke PID | pid | 0.0000% | $0 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1966% | $6,986 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $372,140 would pay approximately $2,323 per month (principal and interest only, excluding taxes and insurance).