124 CHERRY TREE LN, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $160,594 and $351,633, with a best estimate of $344,342. 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
$344,342
$345,440
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 $160,594 and $351,633. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
This comparable closely matches the subject property's features.
Adjusted +$52,956 for 264 sqft more living space. Net adjustment: +$52,956.
Adjusted -$41,522 for 207 sqft less living space and -$7,686 for being older. Net adjustment: -$49,208.
Adjusted +$52,956 for 264 sqft more living space and -$7,686 for being older. Net adjustment: +$45,270.
Adjusted -$156,460 for 780 sqft less living space and +$7,686 for being newer. Net adjustment: -$148,774.
The Neighborhood
This home is valued 9.4% above the I212317D - LIBERTY PARKE median of $315,773. With 568 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.3% over the past year.
I212317D - LIBERTY PARKE
typicalThis home is +9.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,588 across all districts. With a homestead exemption claimed, that drops to $5,766 — saving $1,822 per year. That's $481 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% | $4,280 |
| Liberty Hill | City | 0.4694% | $1,622 |
| Williamson County | County | 0.3694% | $1,276 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $257 |
| Williamson County FM/Rd | County | 0.0443% | $153 |
| Liberty Parke PID | pid | 0.0000% | $0 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1966% | $7,588 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $344,342 would pay approximately $2,149 per month (principal and interest only, excluding taxes and insurance).