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123 THOROUGHBRED TRCE, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

3 bed2 bath1,879 sqftBuilt 2001

Property at a Glance

This home is estimated between $500,477 and $726,719, with a best estimate of $654,891. That places the property below the I140599D - SUNDANCE RANCH median of $871,225, in a neighborhood that appreciated 1.4% over the past year.

Estimated Value Range

$500,477 $726,719
Best Estimate
$654,891
WCAD Value
$726,068
Medium Confidence

Based on 5 comparable properties(3 in the same subdivision)

Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $500,477 and $726,719. More comparables in the same subdivision would strengthen this estimate.

Comparable Properties (5)

123 APPALOOSA RUN, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
3 bed 2 bath 2,328 sqft Built 2007
Raw Value $933,487
Adjusted Value $726,719

Adjusted -$152,394 for 449 sqft less living space and -$29,240 for being older and -$25,134 for no pool. Net adjustment: -$206,768.

125 SUNDANCE TRL, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
3 bed 2 bath 2,695 sqft Built 1999
Raw Value $858,374
Adjusted Value $591,164

Adjusted -$276,957 for 816 sqft less living space and +$9,747 for being newer. Net adjustment: -$267,210.

3 bed 2 bath 1,842 sqft Built 2004
Raw Value $656,953
Adjusted Value $654,891

Adjusted +$12,558 for 37 sqft more living space and -$14,620 for being older. Net adjustment: -$2,062.

126 STABLE OAKS DR, LIBERTY HILL, TX 78642
0.00 mi 98% similar Same subdivision
3 bed 3 bath 2,642 sqft Built 2006
Raw Value $783,812
Adjusted Value $500,477

Adjusted -$258,968 for 763 sqft less living space and -$24,367 for being older. Net adjustment: -$283,335.

3 bed 2 bath 2,097 sqft Built 2014
Raw Value $831,396
Adjusted Value $694,051

Adjusted -$73,991 for 218 sqft less living space and -$63,354 for being older. Net adjustment: -$137,345.

The Neighborhood

This home is valued 16.7% below the I140599D - SUNDANCE RANCH median of $871,225. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 1.4% over the past year.

I140599D - SUNDANCE RANCH

below average
297 Properties
$871,225 Median Value
+1.4% YoY Change
6% Have Pool
80% Have Garage
This Home
$726,068
Median
$871,225

This home is -16.7% below the subdivision median.

Tax Analysis

The estimated annual property tax is $12,540 across all districts. With a homestead exemption claimed, that drops to $10,672 — saving $1,868 per year. That's $889 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%$8,995
Williamson CountyCounty0.3694%$2,682
Williamson County ESD #4 - Liberty HillESD0.0745%$541
Williamson County FM/RdCounty0.0443%$322
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7272%$12,540

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $654,891 would pay approximately $4,088 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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