240 OAK HILL DR, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $946,776 and $1,156,078, with a best estimate of $1,071,445. That places the property above the I243516B - IRON OAKS median of $842,933, in a neighborhood that declined 7.9% over the past year.
Estimated Value Range
$1,071,445
$901,989
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 $946,776 and $1,156,078. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$29,262 for 105 sqft more living space and -$5,756 for being older. Net adjustment: +$23,506.
Adjusted +$161,917 for 581 sqft more living space and -$17,267 for being older. Net adjustment: +$144,650.
Adjusted +$244,686 for 878 sqft more living space and -$5,756 for being older. Net adjustment: +$238,930.
Adjusted +$195,359 for 701 sqft more living space and +$126,627 for being newer. Net adjustment: +$321,986.
Adjusted +$375,112 for 1,346 sqft more living space and +$86,337 for being newer and +$60,193 for having a garage. Net adjustment: +$521,642.
The Neighborhood
This home is valued 7.0% above the I243516B - IRON OAKS median of $842,933. With 21 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.9% over the past year.
I243516B - IRON OAKS
typicalThis home is +7.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,579 across all districts. With a homestead exemption claimed, that drops to $13,678 — saving $1,901 per year. That's $1,140 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% | $11,175 |
| Williamson County | County | 0.3694% | $3,332 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $672 |
| Williamson County FM/Rd | County | 0.0443% | $400 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $15,579 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,071,445 would pay approximately $6,688 per month (principal and interest only, excluding taxes and insurance).