605 OAK LN, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $338,231 and $651,160, with a best estimate of $518,928. 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
$518,928
$561,538
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 $338,231 and $651,160. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$213,729 for 712 sqft less living space and -$27,766 for being older. Net adjustment: -$241,495.
Adjusted -$30,018 for 100 sqft less living space and +$3,085 for being newer. Net adjustment: -$26,933.
Adjusted +$120,373 for 401 sqft more living space and -$33,936 for being older. Net adjustment: +$86,437.
Adjusted +$3,902 for 13 sqft more living space and -$12,340 for being older. Net adjustment: -$8,438.
Adjusted -$56,734 for 189 sqft less living space and -$61,702 for being older. Net adjustment: -$118,436.
The Neighborhood
This home is valued 5.6% 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
typicalThis home is -5.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,699 across all districts. With a homestead exemption claimed, that drops to $7,861 — saving $1,838 per year. That's $655 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% | $6,957 |
| Williamson County | County | 0.3694% | $2,075 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $418 |
| Williamson County FM/Rd | County | 0.0443% | $249 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $9,699 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $518,928 would pay approximately $3,239 per month (principal and interest only, excluding taxes and insurance).