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301 MCMILLIAN DR, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

4 bed3 bath2,021 sqftBuilt 2025

Property at a Glance

This home is estimated between $414,958 and $581,233, with a best estimate of $516,254. That places the property above the I111523B - LARIAT median of $507,860, in a neighborhood that appreciated 297.6% over the past year.

Estimated Value Range

$414,958 $581,233
Best Estimate
$516,254
WCAD Value
$628,030
Low Confidence

Based on 5 comparable properties(2 in the same subdivision)

There are 5 comparable properties within range, but few are in I111523B - LARIAT. The estimated range of $414,958 and $581,233 should be treated as a rough guide.

Comparable Properties (5)

301 YAKLIN DR, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
4 bed 3 bath 2,614 sqft Built 2025
Raw Value $675,180
Adjusted Value $516,254

Adjusted -$158,926 for 593 sqft less living space. Net adjustment: -$158,926.

301 SHEEPDOG DR, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
4 bed 3 bath 2,362 sqft Built 2025
Raw Value $672,622
Adjusted Value $581,233

Adjusted -$91,389 for 341 sqft less living space. Net adjustment: -$91,389.

4 bed 3 bath 1,823 sqft Built 2024
Raw Value $505,583
Adjusted Value $558,648

Adjusted +$53,065 for 198 sqft more living space. Net adjustment: +$53,065.

5 bed 3 bath 2,201 sqft Built 2025
Raw Value $532,715
Adjusted Value $484,474

Adjusted -$48,241 for 180 sqft less living space. Net adjustment: -$48,241.

4 bed 3 bath 2,373 sqft Built 2023
Raw Value $509,295
Adjusted Value $414,958

Adjusted -$94,337 for 352 sqft less living space. Net adjustment: -$94,337.

The Neighborhood

This home is valued 23.7% above the I111523B - LARIAT median of $507,860. With 484 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 297.6% over the past year.

I111523B - LARIAT

above average
484 Properties
$507,860 Median Value
+297.6% YoY Change
1% Have Pool
100% Have Garage
This Home
$628,030
Median
$507,860

This home is +23.7% above the subdivision median.

Tax Analysis

The estimated annual property tax is $16,813 across all districts. With a homestead exemption claimed, that drops to $14,963 — saving $1,850 per year. That's $1,247 per month a buyer should budget. The assessed value increased +621.9% vs the subdivision average of +297.6%. This above-average increase gives a protest opportunity score of 100 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Liberty Hill ISDSchool1.2389%$7,781
North San Gabriel MUD #1MUD0.9500%$5,966
Williamson CountyCounty0.3694%$2,320
Williamson County ESD #4 - Liberty HillESD0.0745%$468
Williamson County FM/RdCounty0.0443%$278
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.6772%$16,813
100 / 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 $516,254 would pay approximately $3,222 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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