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173 ARENA DR, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

3 bed2 bath1,665 sqftBuilt 2023

Property at a Glance

This home is estimated between $350,234 and $472,142, with a best estimate of $355,027. That places the property below the I124422C - BUTLER FARMS median of $395,121, in a neighborhood that appreciated 17.6% over the past year.

Estimated Value Range

$350,234 $472,142
Best Estimate
$355,027
WCAD Value
$357,257
Low Confidence

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

There are 5 comparable properties within range, but none are in I124422C - BUTLER FARMS. The estimated range of $350,234 and $472,142 should be treated as a rough guide.

Comparable Properties (5)

3 bed 2 bath 1,787 sqft Built 2020
Raw Value $409,175
Adjusted Value $355,027

Adjusted -$31,329 for 122 sqft less living space and -$22,819 for being older. Net adjustment: -$54,148.

3 bed 2 bath 1,635 sqft Built 2019
Raw Value $494,863
Adjusted Value $472,142

Adjusted +$7,704 for 30 sqft more living space and -$30,425 for being older. Net adjustment: -$22,721.

3 bed 2 bath 1,475 sqft Built 2025
Raw Value $394,741
Adjusted Value $458,745

Adjusted +$48,791 for 190 sqft more living space and +$15,213 for being newer. Net adjustment: +$64,004.

3 bed 2 bath 1,764 sqft Built 2020
Raw Value $402,890
Adjusted Value $354,648

Adjusted -$25,423 for 99 sqft less living space and -$22,819 for being older. Net adjustment: -$48,242.

3 bed 2 bath 1,609 sqft Built 2024
Raw Value $328,248
Adjusted Value $350,234

Adjusted +$14,380 for 56 sqft more living space and +$7,606 for being newer. Net adjustment: +$21,986.

The Neighborhood

This home is valued 9.6% below the I124422C - BUTLER FARMS median of $395,121. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 17.6% over the past year.

I124422C - BUTLER FARMS

typical
288 Properties
$395,121 Median Value
+17.6% YoY Change
0% Have Pool
100% Have Garage
This Home
$357,257
Median
$395,121

This home is -9.6% below the subdivision median.

Tax Analysis

The estimated annual property tax is $7,847 across all districts. With a homestead exemption claimed, that drops to $6,024 — saving $1,823 per year. That's $502 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

DistrictTypeRateAnnual Amount
Liberty Hill ISDSchool1.2389%$4,426
Liberty HillCity0.4694%$1,677
Williamson CountyCounty0.3694%$1,320
Williamson County ESD #4 - Liberty HillESD0.0745%$266
Williamson County FM/RdCounty0.0443%$158
Butler Farms PIDpid0.0000%$0
Williamson Central Appraisal Districtcad0.0000%$0
Tax District (T16)other0.0000%$0
Total Annual Tax2.1966%$7,847

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $355,027 would pay approximately $2,216 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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