117 DEMOCRACY CT, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $320,370 and $447,863, with a best estimate of $408,744. That places the property above the I212317D - LIBERTY PARKE median of $315,773, in a neighborhood that declined 3.3% over the past year.
Estimated Value Range
$408,744
$323,297
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $320,370 and $447,863. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$64,790 for 323 sqft more living space. Net adjustment: +$64,790.
Adjusted +$4,212 for 21 sqft more living space and +$7,686 for being newer. Net adjustment: +$11,898.
Adjusted +$121,758 for 607 sqft more living space. Net adjustment: +$121,758.
This comparable closely matches the subject property's features.
Adjusted -$5,416 for 27 sqft less living space. Net adjustment: -$5,416.
The Neighborhood
This home is valued 2.4% above the I212317D - LIBERTY PARKE median of $315,773. With 568 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.3% over the past year.
I212317D - LIBERTY PARKE
typicalThis home is +2.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,101 across all districts. With a homestead exemption claimed, that drops to $5,284 — saving $1,817 per year. That's $440 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% | $4,005 |
| Liberty Hill | City | 0.4694% | $1,518 |
| Williamson County | County | 0.3694% | $1,194 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $241 |
| Williamson County FM/Rd | County | 0.0443% | $143 |
| Liberty Parke PID | pid | 0.0000% | $0 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1966% | $7,101 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $408,744 would pay approximately $2,551 per month (principal and interest only, excluding taxes and insurance).