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305 LANGHORNE BND, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

3 bed2 bath1,761 sqftBuilt 2023

Property at a Glance

This home is estimated between $298,087 and $589,680, with a best estimate of $448,144. That places the property below the I111523B - LARIAT median of $507,860, in a neighborhood that appreciated 297.6% over the past year.

Estimated Value Range

$298,087 $589,680
Best Estimate
$448,144
WCAD Value
$474,778
Low Confidence

Based on 5 comparable properties(1 in the same subdivision)

There are 5 comparable properties within range, but few are in I111523B - LARIAT. The estimated range of $298,087 and $589,680 should be treated as a rough guide.

Comparable Properties (5)

3 bed 2 bath 1,602 sqft Built 2022
Raw Value $324,811
Adjusted Value $367,424

Adjusted +$42,613 for 159 sqft more living space. Net adjustment: +$42,613.

305 MCMILLIAN DR, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
4 bed 2,365 sqft Built 2024
Raw Value $610,018
Adjusted Value $448,144

Adjusted -$161,874 for 604 sqft less living space. Net adjustment: -$161,874.

4 bed 2 bath 1,835 sqft Built 2021
Raw Value $317,919
Adjusted Value $298,087

Adjusted -$19,832 for 74 sqft less living space. Net adjustment: -$19,832.

3 bed 2 bath 1,968 sqft Built 2016
Raw Value $514,466
Adjusted Value $519,182

Adjusted -$55,477 for 207 sqft less living space and +$60,193 for having a garage. Net adjustment: +$4,716.

3 bed 2 bath 1,600 sqft Built 2014
Raw Value $486,338
Adjusted Value $589,680

Adjusted +$43,149 for 161 sqft more living space and +$60,193 for having a garage. Net adjustment: +$103,342.

The Neighborhood

This home is valued 6.5% below the I111523B - LARIAT median of $507,860. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 297.6% over the past year.

I111523B - LARIAT

typical
484 Properties
$507,860 Median Value
+297.6% YoY Change
1% Have Pool
100% Have Garage
This Home
$474,778
Median
$507,860

This home is -6.5% below the subdivision median.

Tax Analysis

The estimated annual property tax is $12,476 across all districts. With a homestead exemption claimed, that drops to $10,656 — saving $1,820 per year. That's $888 per month a buyer should budget. The assessed value increased +22.3% vs the subdivision average of +297.6%. This increase gives a protest opportunity score of 45 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Liberty Hill ISDSchool1.2389%$5,774
North San Gabriel MUD #1MUD0.9500%$4,427
Williamson CountyCounty0.3694%$1,722
Williamson County ESD #4 - Liberty HillESD0.0745%$347
Williamson County FM/RdCounty0.0443%$207
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.6772%$12,476
45 / 100

Moderate opportunity to protest.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $448,144 would pay approximately $2,797 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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