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240 MCCRAE DR, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

3 bed2 bath1,208 sqftBuilt 2024

Property at a Glance

This home is estimated between $211,096 and $438,358, with a best estimate of $379,017. That places the property above the I111425C - LARIAT median of $373,777, in a neighborhood that appreciated 112.4% over the past year.

Estimated Value Range

$211,096 $438,358
Best Estimate
$379,017
WCAD Value
$373,011
Low Confidence

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

There are 5 comparable properties within range, but none are in I111425C - LARIAT. The estimated range of $211,096 and $438,358 should be treated as a rough guide.

Comparable Properties (5)

3 bed 2 bath 1,621 sqft Built 2021
Raw Value $529,073
Adjusted Value $409,875

Adjusted -$119,198 for 413 sqft less living space. Net adjustment: -$119,198.

3 bed 2 bath 1,629 sqft Built 2021
Raw Value $427,974
Adjusted Value $306,467

Adjusted -$121,507 for 421 sqft less living space. Net adjustment: -$121,507.

3 bed 1,602 sqft Built 2022
Raw Value $324,811
Adjusted Value $211,096

Adjusted -$113,715 for 394 sqft less living space. Net adjustment: -$113,715.

3 bed 2 bath 1,756 sqft Built 2021
Raw Value $537,178
Adjusted Value $379,017

Adjusted -$158,161 for 548 sqft less living space. Net adjustment: -$158,161.

4 bed 3 bath 1,036 sqft Built 2024
Raw Value $388,716
Adjusted Value $438,358

Adjusted +$49,642 for 172 sqft more living space. Net adjustment: +$49,642.

The Neighborhood

This home is in line with the I111425C - LARIAT median of $373,777. The neighborhood appreciated 112.4% over the past year.

I111425C - LARIAT

typical
217 Properties
$373,777 Median Value
+112.4% YoY Change
0% Have Pool
100% Have Garage
This Home
$373,011
Median
$373,777

This home is -0.2% below the subdivision median.

Tax Analysis

The estimated annual property tax is $9,986 across all districts. With a homestead exemption claimed, that drops to $8,183 — saving $1,803 per year. That's $682 per month a buyer should budget. The assessed value increased +21.2% vs the subdivision average of +112.4%. 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%$4,621
North San Gabriel MUD #1MUD0.9500%$3,544
Williamson CountyCounty0.3694%$1,378
Williamson County ESD #4 - Liberty HillESD0.0745%$278
Williamson County FM/RdCounty0.0443%$165
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.6772%$9,986
45 / 100

Moderate opportunity to protest.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $379,017 would pay approximately $2,366 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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