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122 DEEP LAKE DR, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

4 bed2 bath1,440 sqftBuilt 1985

Property at a Glance

This home is estimated between $327,479 and $666,385, with a best estimate of $391,190. That places the property below the I116596F - CARRIAGE OAKS / DEVEAU / RIVER BEND OAKS median of $580,705, in a neighborhood that appreciated 4.5% over the past year.

Estimated Value Range

$327,479 $666,385
Best Estimate
$391,190
WCAD Value
$598,898
High Confidence

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

Based on 5 comparable properties in I116596F - CARRIAGE OAKS / DEVEAU / RIVER BEND OAKS, this home's estimated market value is between $327,479 and $666,385. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

115 DEEP LAKE DR, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,760 sqft Built 1992
Raw Value $432,442
Adjusted Value $327,479

Adjusted -$93,358 for 320 sqft less living space and -$11,605 for being older. Net adjustment: -$104,963.

113 DEEP LAKE DR, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,782 sqft Built 1985
Raw Value $437,308
Adjusted Value $337,532

Adjusted -$99,776 for 342 sqft less living space. Net adjustment: -$99,776.

126 DEEP LAKE DR, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,835 sqft Built 1985
Raw Value $506,428
Adjusted Value $391,190

Adjusted -$115,238 for 395 sqft less living space. Net adjustment: -$115,238.

119 DEEP LAKE DR, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
4 bed 2 bath 1,152 sqft Built 1984
Raw Value $580,705
Adjusted Value $666,385

Adjusted +$84,022 for 288 sqft more living space and +$1,658 for being newer. Net adjustment: +$85,680.

118 DEEP LAKE DR, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
4 bed 2 bath 1,363 sqft Built 2001
Raw Value $600,081
Adjusted Value $596,019

Adjusted +$22,464 for 77 sqft more living space and -$26,526 for being older. Net adjustment: -$4,062.

The Neighborhood

This home is valued 3.1% above the I116596F - CARRIAGE OAKS / DEVEAU / RIVER BEND OAKS median of $580,705. With 103 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 4.5% over the past year.

I116596F - CARRIAGE OAKS / DEVEAU / RIVER BEND OAKS

typical
103 Properties
$580,705 Median Value
+4.5% YoY Change
0% Have Pool
62% Have Garage
This Home
$598,898
Median
$580,705

This home is +3.1% above the subdivision median.

Tax Analysis

The estimated annual property tax is $13,155 across all districts. With a homestead exemption claimed, that drops to $11,282 — saving $1,873 per year. That's $940 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%$7,420
Liberty HillCity0.4694%$2,811
Williamson CountyCounty0.3694%$2,213
Williamson County ESD #4 - Liberty HillESD0.0745%$446
Williamson County FM/RdCounty0.0443%$265
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.1966%$13,155

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $391,190 would pay approximately $2,442 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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