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232 SPENCE LN, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

5 bed5 bath3,135 sqftBuilt 2022

Property at a Glance

This home is estimated between $643,080 and $930,400, with a best estimate of $726,853. That places the property below 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

$643,080 $930,400
Best Estimate
$726,853
WCAD Value
$1,283,446
Low Confidence

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 $643,080 and $930,400 should be treated as a rough guide.

Comparable Properties (5)

4 bed 4 bath 3,225 sqft Built 2021
Raw Value $929,709
Adjusted Value $919,295

Adjusted -$24,321 for 90 sqft less living space and +$13,907 for being newer. Net adjustment: -$10,414.

4 bed 3 bath 2,937 sqft Built 2016
Raw Value $589,907
Adjusted Value $726,853

Adjusted +$53,507 for 198 sqft more living space and +$83,439 for being newer. Net adjustment: +$136,946.

4 bed 3 bath 3,604 sqft Built 2016
Raw Value $728,978
Adjusted Value $685,676

Adjusted -$126,741 for 469 sqft less living space and +$83,439 for being newer. Net adjustment: -$43,302.

3 bed 2 bath 2,958 sqft Built 2018
Raw Value $539,622
Adjusted Value $643,080

Adjusted +$47,832 for 177 sqft more living space and +$55,626 for being newer. Net adjustment: +$103,458.

3 bed 3 bath 2,762 sqft Built 2015
Raw Value $732,256
Adjusted Value $930,400

Adjusted +$100,798 for 373 sqft more living space and +$97,346 for being newer. Net adjustment: +$198,144.

The Neighborhood

This home is valued 42.5% 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 average
202 Properties
$900,978 Median Value
-1.1% YoY Change
1% Have Pool
100% Have Garage
This Home
$1,283,446
Median
$900,978

This home is +42.5% above the subdivision median.

Tax Analysis

The estimated annual property tax is $27,686 across all districts. With a homestead exemption claimed, that drops to $25,715 — saving $1,971 per year. That's $2,143 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%$15,901
North San Gabriel MUD #2MUD0.4300%$5,519
Williamson CountyCounty0.3694%$4,742
Williamson County ESD #4 - Liberty HillESD0.0745%$956
Williamson County FM/RdCounty0.0443%$569
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.1572%$27,686

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $726,853 would pay approximately $4,537 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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