113 SPENCE LN, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $689,985 and $1,267,801, with a best estimate of $1,067,417. 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
$1,067,417
$1,042,074
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in I122617A - Hidden Oak Estates/River oaks. The estimated range of $689,985 and $1,267,801 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$16,484 for 61 sqft more living space and -$13,907 for being older. Net adjustment: +$2,577.
Adjusted +$92,151 for 341 sqft more living space and -$13,907 for being older. Net adjustment: +$78,244.
Adjusted -$95,123 for 352 sqft less living space and +$27,813 for being newer. Net adjustment: -$67,310.
Adjusted +$112,959 for 418 sqft more living space and -$13,907 for being older. Net adjustment: +$99,052.
Adjusted +$29,186 for 108 sqft more living space and -$27,813 for being older. Net adjustment: +$1,373.
The Neighborhood
This home is valued 15.7% above the I122617A - Hidden Oak Estates/River oaks median of $900,978. With 202 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.1% over the past year.
I122617A - Hidden Oak Estates/River oaks
above averageThis home is +15.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $22,479 across all districts. With a homestead exemption claimed, that drops to $20,552 — saving $1,927 per year. That's $1,713 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% | $12,910 |
| North San Gabriel MUD #2 | MUD | 0.4300% | $4,481 |
| Williamson County | County | 0.3694% | $3,850 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $776 |
| Williamson County FM/Rd | County | 0.0443% | $462 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1572% | $22,479 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,067,417 would pay approximately $6,663 per month (principal and interest only, excluding taxes and insurance).