117 WAGON SPOKE WAY, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $380,997 and $393,290, with a best estimate of $387,779. That places the property above the L122416C - ORCHARD RIDGE median of $368,230, in a neighborhood that declined 2.1% over the past year.
Estimated Value Range
$387,779
$363,212
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L122416C - ORCHARD RIDGE, this home's estimated market value is between $380,997 and $393,290. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$17,854 for 81 sqft more living space. Net adjustment: +$17,854.
Adjusted +$19,838 for 90 sqft more living space and +$2,391 for being newer. Net adjustment: +$22,229.
Adjusted +$25,349 for 115 sqft more living space and +$4,781 for being newer. Net adjustment: +$30,130.
Adjusted +$32,843 for 149 sqft more living space and +$7,172 for being newer. Net adjustment: +$40,015.
Adjusted +$20,279 for 92 sqft more living space and +$4,781 for being newer. Net adjustment: +$25,060.
The Neighborhood
This home is valued 1.4% below the L122416C - ORCHARD RIDGE median of $368,230. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 2.1% over the past year.
L122416C - ORCHARD RIDGE
typicalThis home is -1.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,978 across all districts. With a homestead exemption claimed, that drops to $6,153 — saving $1,825 per year. That's $513 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% | $4,500 |
| Liberty Hill | City | 0.4694% | $1,705 |
| Williamson County | County | 0.3694% | $1,342 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $271 |
| Williamson County FM/Rd | County | 0.0443% | $161 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1966% | $7,978 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $387,779 would pay approximately $2,421 per month (principal and interest only, excluding taxes and insurance).