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221 HOBBY HORSE, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

3 bed2 bath2,056 sqftBuilt 2004

Property at a Glance

This home is estimated between $309,512 and $579,538, with a best estimate of $472,149. That places the property below the I145501E - Sundance Estates median of $550,751, in a neighborhood that declined 4.9% over the past year.

Estimated Value Range

$309,512 $579,538
Best Estimate
$472,149
WCAD Value
$490,282
Low Confidence

Based on 5 comparable properties(0 in the same subdivision)

There are 5 comparable properties within range, but none are in I145501E - Sundance Estates. The estimated range of $309,512 and $579,538 should be treated as a rough guide.

Comparable Properties (5)

3 bed 2 bath 2,167 sqft Built 2008
Raw Value $634,249
Adjusted Value $579,538

Adjusted -$26,878 for 111 sqft less living space and -$27,833 for being older. Net adjustment: -$54,711.

3 bed 2 bath 2,502 sqft Built 2008
Raw Value $607,980
Adjusted Value $472,149

Adjusted -$107,998 for 446 sqft less living space and -$27,833 for being older. Net adjustment: -$135,831.

3 bed 2 bath 2,391 sqft Built 2016
Raw Value $649,660
Adjusted Value $485,041

Adjusted -$81,119 for 335 sqft less living space and -$83,500 for being older. Net adjustment: -$164,619.

3 bed 2 bath 1,759 sqft Built 2020
Raw Value $402,469
Adjusted Value $363,054

Adjusted +$71,918 for 297 sqft more living space and -$111,333 for being older. Net adjustment: -$39,415.

3 bed 2 bath 1,710 sqft Built 2023
Raw Value $357,937
Adjusted Value $309,512

Adjusted +$83,783 for 346 sqft more living space and -$132,208 for being older. Net adjustment: -$48,425.

The Neighborhood

This home is valued 11.0% below the I145501E - Sundance Estates median of $550,751. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.9% over the past year.

I145501E - Sundance Estates

typical
253 Properties
$550,751 Median Value
-4.9% YoY Change
1% Have Pool
95% Have Garage
This Home
$490,282
Median
$550,751

This home is -11.0% below the subdivision median.

Tax Analysis

The estimated annual property tax is $8,468 across all districts. With a homestead exemption claimed, that drops to $6,643 — saving $1,825 per year. That's $554 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%$6,074
Williamson CountyCounty0.3694%$1,811
Williamson County ESD #4 - Liberty HillESD0.0745%$365
Williamson County FM/RdCounty0.0443%$217
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7272%$8,468

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $472,149 would pay approximately $2,947 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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