229 HOBBY HORSE, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $182,872 and $706,925, with a best estimate of $195,681. 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
$195,681
$452,780
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 $182,872 and $706,925 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$92,016 for 380 sqft less living space and +$13,917 for being newer. Net adjustment: -$78,099.
Adjusted +$19,130 for 79 sqft more living space and -$139,167 for being older. Net adjustment: -$120,037.
Adjusted -$32,448 for 134 sqft less living space and -$125,250 for being older. Net adjustment: -$157,698.
Adjusted +$20,582 for 85 sqft more living space and -$153,083 for being older. Net adjustment: -$132,501.
Adjusted +$16,224 for 67 sqft more living space and -$160,042 for being older. Net adjustment: -$143,818.
The Neighborhood
This home is valued 17.8% 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
below averageThis home is -17.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,820 across all districts. With a homestead exemption claimed, that drops to $6,002 — saving $1,818 per year. That's $500 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% | $5,609 |
| Williamson County | County | 0.3694% | $1,673 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $337 |
| Williamson County FM/Rd | County | 0.0443% | $201 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $7,820 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $195,681 would pay approximately $1,221 per month (principal and interest only, excluding taxes and insurance).