Total monthly cost of ownership
Cost to Own a Home in Liberty Hill, Texas
A $351,000 home here costs
$3,025per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,804. The real number is $1,221 higher every month — 68% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Liberty Hill against Williamson County and Texas
| Measure | Liberty Hill | Williamson County |
|---|---|---|
| Median home value | $350,500 | $414,600 |
| Median property tax | $5,752 | $7,079 |
| Effective tax rate | 1.641% | 1.707% |
| Median gross rent | $1,491 | $1,720 |
| Population | 6,706 | 643,889 |
The weather behind that power bill
Liberty Hill sits in Williamson County, which averages a high of 96.8°F in its hottest month and a low of 36.2°F in its coldest, with 37.08" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 2,748 cooling and 1,949 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Williamson County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Williamson County
Full Williamson County cost breakdown · Every county in Texas
Common questions
How much does it cost to own a home in Liberty Hill?
A $351,000 home in Liberty Hill, Texas costs approximately $3,025 per month with 20% down at 6.66%. That is $1,804 principal and interest, $480 property tax, $232 homeowners insurance, $216 utilities and $293 set aside for maintenance.
What is the property tax rate in Liberty Hill?
Liberty Hill has an effective property tax rate of 1.641%, based on a median home value of $350,500 and median real estate taxes of $5,752. That is lower than the Williamson County average of 1.707%.
What is the average home price in Liberty Hill?
The median owner-occupied home value in Liberty Hill, Texas is $350,500, against $414,600 across Williamson County.
Is it cheaper to rent or buy in Liberty Hill?
Median gross rent in Liberty Hill is $1,491 a month, against $3,025 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Liberty Hill — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Texas.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.