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123 MCMILLIAN DR, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

4 bed2,255 sqftBuilt 2024

Property at a Glance

This home is estimated between $506,637 and $890,612, with a best estimate of $655,699. 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

$506,637 $890,612
Best Estimate
$655,699
WCAD Value
$536,946
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 $506,637 and $890,612 should be treated as a rough guide.

Comparable Properties (5)

4 bed 2,440 sqft Built 2025
Raw Value $705,280
Adjusted Value $655,699

Adjusted -$49,581 for 185 sqft less living space. Net adjustment: -$49,581.

4 bed 3 bath 2,517 sqft Built 2017
Raw Value $960,829
Adjusted Value $890,612

Adjusted -$70,217 for 262 sqft less living space. Net adjustment: -$70,217.

4 bed 3 bath 2,166 sqft Built 2007
Raw Value $571,858
Adjusted Value $595,710

Adjusted +$23,852 for 89 sqft more living space. Net adjustment: +$23,852.

3 bed 2,580 sqft Built 2019
Raw Value $593,738
Adjusted Value $506,637

Adjusted -$87,101 for 325 sqft less living space. Net adjustment: -$87,101.

3 bed 2 bath 2,097 sqft Built 2014
Raw Value $831,396
Adjusted Value $873,741

Adjusted +$42,345 for 158 sqft more living space. Net adjustment: +$42,345.

The Neighborhood

This home is valued 5.7% 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

typical
484 Properties
$507,860 Median Value
+297.6% YoY Change
1% Have Pool
100% Have Garage
This Home
$536,946
Median
$507,860

This home is +5.7% above the subdivision median.

Tax Analysis

The estimated annual property tax is $14,375 across all districts. With a homestead exemption claimed, that drops to $12,541 — saving $1,834 per year. That's $1,045 per month a buyer should budget. The assessed value increased +10.9% 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%$6,652
North San Gabriel MUD #1MUD0.9500%$5,101
Williamson CountyCounty0.3694%$1,984
Williamson County ESD #4 - Liberty HillESD0.0745%$400
Williamson County FM/RdCounty0.0443%$238
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.6772%$14,375
30 / 100

Some opportunity.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $655,699 would pay approximately $4,093 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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