620 INDEPENDENCE AVE, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $226,036 and $301,645, with a best estimate of $283,881. That places the property below the I212317D - LIBERTY PARKE median of $315,773, in a neighborhood that declined 3.3% over the past year.
Estimated Value Range
$283,881
$298,483
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in I212317D - LIBERTY PARKE, this home's estimated market value is between $226,036 and $301,645. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$51,551 for 257 sqft less living space. Net adjustment: -$51,551.
Adjusted -$94,879 for 473 sqft less living space. Net adjustment: -$94,879.
Adjusted -$24,672 for 123 sqft less living space. Net adjustment: -$24,672.
Adjusted +$2,808 for 14 sqft more living space. Net adjustment: +$2,808.
Adjusted -$20,260 for 101 sqft less living space. Net adjustment: -$20,260.
The Neighborhood
This home is valued 5.5% below the I212317D - LIBERTY PARKE median of $315,773. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.3% over the past year.
I212317D - LIBERTY PARKE
typicalThis home is -5.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,556 across all districts. With a homestead exemption claimed, that drops to $4,743 — saving $1,813 per year. That's $395 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% | $3,698 |
| Liberty Hill | City | 0.4694% | $1,401 |
| Williamson County | County | 0.3694% | $1,103 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $222 |
| Williamson County FM/Rd | County | 0.0443% | $132 |
| Liberty Parke PID | pid | 0.0000% | $0 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1966% | $6,556 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $283,881 would pay approximately $1,772 per month (principal and interest only, excluding taxes and insurance).