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228 GARY WAYNE DR, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

4 bed3 bath2,025 sqftBuilt 2024

Property at a Glance

This home is estimated between $383,485 and $596,842, with a best estimate of $513,462. 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

$383,485 $596,842
Best Estimate
$513,462
WCAD Value
$588,985
Low Confidence

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

There are 5 comparable properties within range, but none are in I111523B - LARIAT. The estimated range of $383,485 and $596,842 should be treated as a rough guide.

Comparable Properties (5)

4 bed 3 bath 2,171 sqft Built 2024
Raw Value $635,971
Adjusted Value $596,842

Adjusted -$39,129 for 146 sqft less living space. Net adjustment: -$39,129.

4 bed 3 bath 1,709 sqft Built 2021
Raw Value $477,775
Adjusted Value $562,464

Adjusted +$84,689 for 316 sqft more living space. Net adjustment: +$84,689.

4 bed 2 bath 1,910 sqft Built 2020
Raw Value $352,665
Adjusted Value $383,485

Adjusted +$30,820 for 115 sqft more living space. Net adjustment: +$30,820.

4 bed 3 bath 1,580 sqft Built 2021
Raw Value $394,200
Adjusted Value $513,462

Adjusted +$119,262 for 445 sqft more living space. Net adjustment: +$119,262.

3 bed 1,800 sqft Built 2025
Raw Value $313,711
Adjusted Value $434,205

Adjusted +$60,301 for 225 sqft more living space and +$60,193 for having a garage. Net adjustment: +$120,494.

The Neighborhood

This home is valued 16.0% 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
$588,985
Median
$507,860

This home is +16.0% above the subdivision median.

Tax Analysis

The estimated annual property tax is $15,768 across all districts. With a homestead exemption claimed, that drops to $13,925 — saving $1,843 per year. That's $1,160 per month a buyer should budget. The assessed value increased +12.7% vs the subdivision average of +297.6%. This increase gives a protest opportunity score of 30 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Liberty Hill ISDSchool1.2389%$7,297
North San Gabriel MUD #1MUD0.9500%$5,595
Williamson CountyCounty0.3694%$2,176
Williamson County ESD #4 - Liberty HillESD0.0745%$439
Williamson County FM/RdCounty0.0443%$261
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.6772%$15,768
30 / 100

Some opportunity.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $513,462 would pay approximately $3,205 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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