405 WAGON SPOKE WAY, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $450,471 and $681,175, with a best estimate of $623,872. That places the property below the L121421C - ORCHARD RIDGE GFO R5 median of $646,848, in a neighborhood that declined 5.3% over the past year.
Estimated Value Range
$623,872
$490,427
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $450,471 and $681,175. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$21,456 for 88 sqft less living space and -$13,753 for being older. Net adjustment: -$35,209.
Adjusted -$2,682 for 11 sqft less living space and -$13,753 for being older. Net adjustment: -$16,435.
Adjusted +$50,713 for 208 sqft more living space. Net adjustment: +$50,713.
Adjusted +$11,459 for 47 sqft more living space and +$13,753 for being newer. Net adjustment: +$25,212.
Adjusted +$36,572 for 150 sqft more living space. Net adjustment: +$36,572.
The Neighborhood
This home is valued 24.2% below the L121421C - ORCHARD RIDGE GFO R5 median of $646,848. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 5.3% over the past year.
L121421C - ORCHARD RIDGE GFO R5
below averageThis home is -24.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,891 across all districts. With a homestead exemption claimed, that drops to $11,279 — saving $1,612 per year. That's $940 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 |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $5,330 |
| Williamson/Liberty Hill MUD | MUD | 0.9500% | $4,659 |
| Williamson County | County | 0.3694% | $1,812 |
| Austin Community College | special | 0.1034% | $507 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $365 |
| Williamson County FM/Rd | County | 0.0443% | $217 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.6286% | $12,891 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $623,872 would pay approximately $3,894 per month (principal and interest only, excluding taxes and insurance).