840 PHILLIP LN, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $232,531 and $526,083, with a best estimate of $294,657. 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
$294,657
$269,677
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in I030D80G - NORTH HWY 29. The estimated range of $232,531 and $526,083 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$34,221 for 114 sqft less living space and -$21,596 for being older. Net adjustment: -$55,817.
Adjusted -$65,440 for 218 sqft less living space and -$30,851 for being older. Net adjustment: -$96,291.
Adjusted -$28,217 for 94 sqft less living space and -$58,617 for being older. Net adjustment: -$86,834.
Adjusted +$34,521 for 115 sqft more living space and -$64,787 for being older. Net adjustment: -$30,266.
Adjusted -$46,228 for 154 sqft less living space and -$61,702 for being older. Net adjustment: -$107,930.
The Neighborhood
This home is valued 54.7% 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
outlier lowThis home is -54.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,658 across all districts. With a homestead exemption claimed, that drops to $2,874 — saving $1,784 per year. That's $240 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% | $3,341 |
| Williamson County | County | 0.3694% | $996 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $201 |
| Williamson County FM/Rd | County | 0.0443% | $120 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $4,658 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $294,657 would pay approximately $1,839 per month (principal and interest only, excluding taxes and insurance).