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1500 PHILLIP LN, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

3 bed2,193 sqftBuilt 1920

Property at a Glance

This home is estimated between $81,976 and $574,384, with a best estimate of $292,770. 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

$81,976 $574,384
Best Estimate
$292,770
WCAD Value
$793,443
Low Confidence

Based on 5 comparable properties(0 in the same subdivision)

There are 5 comparable properties within range, but none are in I030D80G - NORTH HWY 29. The estimated range of $81,976 and $574,384 should be treated as a rough guide.

Comparable Properties (5)

3 bed 2 bath 2,303 sqft Built 1999
Raw Value $851,128
Adjusted Value $574,384

Adjusted -$33,020 for 110 sqft less living space and -$243,724 for being older. Net adjustment: -$276,744.

3 bed 2,476 sqft Built 2025
Raw Value $701,658
Adjusted Value $292,770

Adjusted -$84,951 for 283 sqft less living space and -$323,937 for being older. Net adjustment: -$408,888.

4 bed 3 bath 2,212 sqft Built 2022
Raw Value $402,361
Adjusted Value $81,976

Adjusted -$5,703 for 19 sqft less living space and -$314,682 for being older. Net adjustment: -$320,385.

3 bed 2 bath 1,896 sqft Built 2013
Raw Value $622,374
Adjusted Value $424,612

Adjusted +$89,154 for 297 sqft more living space and -$286,916 for being older. Net adjustment: -$197,762.

3 bed 2 bath 1,832 sqft Built 2023
Raw Value $375,838
Adjusted Value $166,436

Adjusted +$108,365 for 361 sqft more living space and -$317,767 for being older. Net adjustment: -$209,402.

The Neighborhood

This home is valued 33.4% above the I030D80G - NORTH HWY 29 median of $594,861. With 1,319 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 3.1% over the past year.

I030D80G - NORTH HWY 29

above average
1,319 Properties
$594,861 Median Value
+3.1% YoY Change
3% Have Pool
42% Have Garage
This Home
$793,443
Median
$594,861

This home is +33.4% above the subdivision median.

Tax Analysis

The estimated annual property tax is $4,115 across all districts. With a homestead exemption claimed, that drops to $2,337 — saving $1,778 per year. That's $195 per month a buyer should budget. The assessed value increased +9.4% vs the subdivision average of +3.1%. This above-average increase gives a protest opportunity score of 52 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Liberty Hill ISDSchool1.2389%$2,952
Williamson CountyCounty0.3694%$880
Williamson County ESD #4 - Liberty HillESD0.0745%$177
Williamson County FM/RdCounty0.0443%$106
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7272%$4,115
52 / 100

Moderate opportunity to protest.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $292,770 would pay approximately $1,827 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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