1201 PHILLIP LN, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $161,534 and $965,429, with a best estimate of $242,042. 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
$242,042
$417,817
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $161,534 and $965,429. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$46,277 for being older. Net adjustment: -$46,277.
Adjusted -$29,418 for 98 sqft less living space and -$21,596 for being older. Net adjustment: -$51,014.
Adjusted -$106,865 for 356 sqft less living space and +$3,085 for being newer. Net adjustment: -$103,780.
Adjusted -$162,998 for 543 sqft less living space and -$15,426 for being older. Net adjustment: -$178,424.
Adjusted -$138,984 for 463 sqft less living space and -$67,873 for being older. Net adjustment: -$206,857.
The Neighborhood
This home is valued 29.8% 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 -29.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,216 across all districts. With a homestead exemption claimed, that drops to $5,405 — saving $1,811 per year. That's $450 per month a buyer should budget. The assessed value increased +67.1% vs the subdivision average of +3.1%. This above-average increase gives a protest opportunity score of 100 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $5,176 |
| Williamson County | County | 0.3694% | $1,544 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $311 |
| Williamson County FM/Rd | County | 0.0443% | $185 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $7,216 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $242,042 would pay approximately $1,511 per month (principal and interest only, excluding taxes and insurance).