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204 SPENCE LN, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

4 bed4 bath4,193 sqftBuilt 2022

Property at a Glance

This home is estimated between $875,998 and $1,225,580, with a best estimate of $1,189,747. That places the property above the I122617A - Hidden Oak Estates/River oaks median of $900,978, in a neighborhood that declined 1.1% over the past year.

Estimated Value Range

$875,998 $1,225,580
Best Estimate
$1,189,747
WCAD Value
$921,450
Low Confidence

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

There are 5 comparable properties within range, but none are in I122617A - Hidden Oak Estates/River oaks. The estimated range of $875,998 and $1,225,580 should be treated as a rough guide.

Comparable Properties (5)

4 bed 3 bath 3,909 sqft Built 2022
Raw Value $799,251
Adjusted Value $875,998

Adjusted +$76,747 for 284 sqft more living space. Net adjustment: +$76,747.

4 bed 3 bath 3,961 sqft Built 2017
Raw Value $1,093,352
Adjusted Value $1,225,580

Adjusted +$62,695 for 232 sqft more living space and +$69,533 for being newer. Net adjustment: +$132,228.

4 bed 3 bath 3,463 sqft Built 2019
Raw Value $662,896
Adjusted Value $901,888

Adjusted +$197,272 for 730 sqft more living space and +$41,720 for being newer. Net adjustment: +$238,992.

4 bed 4 bath 2,593 sqft Built 2022
Raw Value $757,369
Adjusted Value $1,189,747

Adjusted +$432,378 for 1,600 sqft more living space. Net adjustment: +$432,378.

5 bed 4 bath 2,997 sqft Built 2020
Raw Value $866,499
Adjusted Value $1,217,514

Adjusted +$323,202 for 1,196 sqft more living space and +$27,813 for being newer. Net adjustment: +$351,015.

The Neighborhood

This home is valued 2.3% above the I122617A - Hidden Oak Estates/River oaks median of $900,978. With 202 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.1% over the past year.

I122617A - Hidden Oak Estates/River oaks

typical
202 Properties
$900,978 Median Value
-1.1% YoY Change
1% Have Pool
100% Have Garage
This Home
$921,450
Median
$900,978

This home is +2.3% above the subdivision median.

Tax Analysis

The estimated annual property tax is $19,877 across all districts. With a homestead exemption claimed, that drops to $17,973 — saving $1,904 per year. That's $1,498 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%$11,416
North San Gabriel MUD #2MUD0.4300%$3,962
Williamson CountyCounty0.3694%$3,404
Williamson County ESD #4 - Liberty HillESD0.0745%$686
Williamson County FM/RdCounty0.0443%$408
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.1572%$19,877

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $1,189,747 would pay approximately $7,426 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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