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121 MCCRAE DR, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

4 bed2 bath1,278 sqftBuilt 2024

Property at a Glance

This home is estimated between $359,276 and $455,301, with a best estimate of $454,224. 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

$359,276 $455,301
Best Estimate
$454,224
WCAD Value
$373,777
Low Confidence

Based on 5 comparable properties(2 in the same subdivision)

There are 5 comparable properties within range, but few are in I111425C - LARIAT. The estimated range of $359,276 and $455,301 should be treated as a rough guide.

Comparable Properties (5)

121 CLEMENS DR, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,104 sqft Built 2024
Raw Value $405,082
Adjusted Value $455,301

Adjusted +$50,219 for 174 sqft more living space. Net adjustment: +$50,219.

121 TRAVIS LN, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
3 bed 2 bath 878 sqft Built 2024
Raw Value $338,778
Adjusted Value $454,224

Adjusted +$115,446 for 400 sqft more living space. Net adjustment: +$115,446.

4 bed 2 bath 915 sqft Built 2021
Raw Value $349,662
Adjusted Value $454,430

Adjusted +$104,768 for 363 sqft more living space. Net adjustment: +$104,768.

4 bed 3 bath 1,564 sqft Built 2023
Raw Value $522,600
Adjusted Value $440,056

Adjusted -$82,544 for 286 sqft less living space. Net adjustment: -$82,544.

4 bed 3 bath 1,649 sqft Built 2024
Raw Value $466,352
Adjusted Value $359,276

Adjusted -$107,076 for 371 sqft less living space. Net adjustment: -$107,076.

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
$373,777
Median
$373,777

This home is +0.0% above the subdivision median.

Tax Analysis

The estimated annual property tax is $10,007 across all districts. With a homestead exemption claimed, that drops to $8,203 — saving $1,804 per year. That's $684 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%$4,631
North San Gabriel MUD #1MUD0.9500%$3,551
Williamson CountyCounty0.3694%$1,381
Williamson County ESD #4 - Liberty HillESD0.0745%$278
Williamson County FM/RdCounty0.0443%$166
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.6772%$10,007

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $454,224 would pay approximately $2,835 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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