407 SUMMERWOOD DR, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $413,958 and $897,520, with a best estimate of $737,505. That places the property above the I030D80G - NORTH HWY 29 median of $594,861, in a neighborhood that appreciated 3.1% over the past year.
Estimated Value Range
$737,505
$380,024
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in I030D80G - NORTH HWY 29. The estimated range of $413,958 and $897,520 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$44,427 for 148 sqft more living space and -$3,085 for being older. Net adjustment: +$41,342.
Adjusted +$36,322 for 121 sqft more living space and +$9,255 for being newer. Net adjustment: +$45,577.
Adjusted +$44,427 for 148 sqft more living space. Net adjustment: +$44,427.
Adjusted +$106,865 for 356 sqft more living space and +$33,936 for being newer. Net adjustment: +$140,801.
Adjusted -$1,801 for 6 sqft less living space and +$12,340 for being newer. Net adjustment: +$10,539.
The Neighborhood
This home is valued 36.1% 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 -36.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,564 across all districts. With a homestead exemption claimed, that drops to $4,759 — saving $1,805 per year. That's $397 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% | $4,708 |
| Williamson County | County | 0.3694% | $1,404 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $283 |
| Williamson County FM/Rd | County | 0.0443% | $168 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $6,564 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $737,505 would pay approximately $4,603 per month (principal and interest only, excluding taxes and insurance).