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121 HOBBY HORSE, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

3 bed2 bath2,690 sqftBuilt 2007

Property at a Glance

This home is estimated between $467,855 and $889,406, with a best estimate of $661,984. That places the property above the I145501E - Sundance Estates median of $550,751, in a neighborhood that declined 4.9% over the past year.

Estimated Value Range

$467,855 $889,406
Best Estimate
$661,984
WCAD Value
$627,832
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 $467,855 and $889,406 should be treated as a rough guide.

Comparable Properties (5)

3 bed 2 bath 2,566 sqft Built 2014
Raw Value $669,163
Adjusted Value $650,481

Adjusted +$30,026 for 124 sqft more living space and -$48,708 for being older. Net adjustment: -$18,682.

3 bed 2 bath 2,574 sqft Built 2011
Raw Value $690,904
Adjusted Value $691,160

Adjusted +$28,089 for 116 sqft more living space and -$27,833 for being older. Net adjustment: +$256.

3 bed 2 bath 2,615 sqft Built 2018
Raw Value $526,236
Adjusted Value $467,855

Adjusted +$18,161 for 75 sqft more living space and -$76,542 for being older. Net adjustment: -$58,381.

3 bed 2 bath 2,975 sqft Built 2013
Raw Value $772,746
Adjusted Value $661,984

Adjusted -$69,012 for 285 sqft less living space and -$41,750 for being older. Net adjustment: -$110,762.

3 bed 3 bath 2,691 sqft Built 2000
Raw Value $840,940
Adjusted Value $889,406

Adjusted -$242 for 1 sqft less living space and +$48,708 for being newer. Net adjustment: +$48,466.

The Neighborhood

This home is valued 14.0% above the I145501E - Sundance Estates median of $550,751. With 253 homes in the subdivision, the property sits in the upper tier. 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
$627,832
Median
$550,751

This home is +14.0% above the subdivision median.

Tax Analysis

The estimated annual property tax is $10,766 across all districts. With a homestead exemption claimed, that drops to $8,917 — saving $1,849 per year. That's $743 per month a buyer should budget. The assessed value increased +10.8% vs the subdivision average of -4.9%. This above-average increase gives a protest opportunity score of 80 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Liberty Hill ISDSchool1.2389%$7,723
Williamson CountyCounty0.3694%$2,303
Williamson County ESD #4 - Liberty HillESD0.0745%$464
Williamson County FM/RdCounty0.0443%$276
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7272%$10,766
80 / 100

There may be a strong case to protest this appraisal.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $661,984 would pay approximately $4,132 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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