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116 LOOKOUT POINT DR, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

4 bed4 bath2,892 sqftBuilt 2025

Property at a Glance

This home is estimated between $610,292 and $1,023,307, with a best estimate of $787,413. 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

$610,292 $1,023,307
Best Estimate
$787,413
WCAD Value
$572,528
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 $610,292 and $1,023,307. More comparables in the same subdivision would strengthen this estimate.

Comparable Properties (5)

4 bed 4 bath 3,152 sqft Built 2022
Raw Value $727,828
Adjusted Value $658,147

Adjusted -$69,681 for 260 sqft less living space. Net adjustment: -$69,681.

124 TOP VIEW DR, LIBERTY HILL, TX 78642
0.02 mi 100% similar Same subdivision
4 bed 3 bath 2,028 sqft Built 2025
Raw Value $555,858
Adjusted Value $787,413

Adjusted +$231,555 for 864 sqft more living space. Net adjustment: +$231,555.

113 LOOKOUT POINT DR, LIBERTY HILL, TX 78642
0.04 mi 100% similar Same subdivision
4 bed 3 bath 2,657 sqft Built 2025
Raw Value $547,311
Adjusted Value $610,292

Adjusted +$62,981 for 235 sqft more living space. Net adjustment: +$62,981.

113 GARY WAYNE DR, LIBERTY HILL, TX 78642
0.04 mi 100% similar Same subdivision
4 bed 3 bath 2,049 sqft Built 2024
Raw Value $621,159
Adjusted Value $847,086

Adjusted +$225,927 for 843 sqft more living space. Net adjustment: +$225,927.

5 bed 4 bath 3,110 sqft Built 2024
Raw Value $1,081,732
Adjusted Value $1,023,307

Adjusted -$58,425 for 218 sqft less living space. Net adjustment: -$58,425.

The Neighborhood

This home is valued 12.7% 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
$572,528
Median
$507,860

This home is +12.7% above the subdivision median.

Tax Analysis

The estimated annual property tax is $15,328 across all districts. With a homestead exemption claimed, that drops to $13,487 — saving $1,841 per year. That's $1,124 per month a buyer should budget.

Tax Districts

DistrictTypeRateAnnual Amount
Liberty Hill ISDSchool1.2389%$7,093
North San Gabriel MUD #1MUD0.9500%$5,439
Williamson CountyCounty0.3694%$2,115
Williamson County ESD #4 - Liberty HillESD0.0745%$427
Williamson County FM/RdCounty0.0443%$254
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.6772%$15,328
50 / 100

Moderate opportunity to protest.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $787,413 would pay approximately $4,915 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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