205 SPENCE LN, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $938,504 and $1,269,231, with a best estimate of $1,214,526. That places the property above the I122617A - Hidden Oak Estates/River oaks median of $900,978, in a neighborhood that declined 1.1% over the past year.
Estimated Value Range
$1,214,526
$906,624
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in I122617A - Hidden Oak Estates/River oaks. The estimated range of $938,504 and $1,269,231 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$272,938 for 1,010 sqft more living space. Net adjustment: +$272,938.
Adjusted +$144,036 for 533 sqft more living space and +$13,907 for being newer. Net adjustment: +$157,943.
Adjusted +$264,021 for 977 sqft more living space and +$55,626 for being newer. Net adjustment: +$319,647.
Adjusted +$474,264 for 1,755 sqft more living space and -$27,813 for being older. Net adjustment: +$446,451.
Adjusted +$425,352 for 1,574 sqft more living space and +$13,907 for being newer. Net adjustment: +$439,259.
The Neighborhood
This home is in line with the I122617A - Hidden Oak Estates/River oaks median of $900,978. Note that values in this subdivision declined 1.1% over the past year.
I122617A - Hidden Oak Estates/River oaks
typicalThis home is +0.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $19,557 across all districts. With a homestead exemption claimed, that drops to $17,655 — saving $1,902 per year. That's $1,471 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% | $11,232 |
| North San Gabriel MUD #2 | MUD | 0.4300% | $3,898 |
| Williamson County | County | 0.3694% | $3,349 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $675 |
| Williamson County FM/Rd | County | 0.0443% | $402 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1572% | $19,557 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,214,526 would pay approximately $7,581 per month (principal and interest only, excluding taxes and insurance).