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233 MCCRAE DR, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

4 bed2 bath1,094 sqftBuilt 2024

Property at a Glance

This home is estimated between $187,000 and $387,436, with a best estimate of $282,259. That places the property below the I111425C - LARIAT median of $373,777, in a neighborhood that appreciated 112.4% over the past year.

Estimated Value Range

$187,000 $387,436
Best Estimate
$282,259
WCAD Value
$381,616
Medium Confidence

Based on 5 comparable properties(4 in the same subdivision)

Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $187,000 and $387,436. More comparables in the same subdivision would strengthen this estimate.

Comparable Properties (5)

233 TRAVIS LN, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
4 bed 2 bath 1,569 sqft Built 2024
Raw Value $419,351
Adjusted Value $282,259

Adjusted -$137,092 for 475 sqft less living space. Net adjustment: -$137,092.

233 LEELAND DR, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
3 bed 3 bath 956 sqft Built 2025
Raw Value $347,607
Adjusted Value $387,436

Adjusted +$39,829 for 138 sqft more living space. Net adjustment: +$39,829.

229 MCCRAE DR, LIBERTY HILL, TX 78642
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,578 sqft Built 2024
Raw Value $326,690
Adjusted Value $187,000

Adjusted -$139,690 for 484 sqft less living space. Net adjustment: -$139,690.

229 TRAVIS LN, LIBERTY HILL, TX 78642
0.01 mi 100% similar Same subdivision
4 bed 2 bath 1,497 sqft Built 2024
Raw Value $385,117
Adjusted Value $268,805

Adjusted -$116,312 for 403 sqft less living space. Net adjustment: -$116,312.

5 bed 2 bath 1,131 sqft Built 2021
Raw Value $380,618
Adjusted Value $369,939

Adjusted -$10,679 for 37 sqft less living space. Net adjustment: -$10,679.

The Neighborhood

This home is valued 2.1% above the I111425C - LARIAT median of $373,777. With 217 homes in the subdivision, the property sits in the upper tier. 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
$381,616
Median
$373,777

This home is +2.1% above the subdivision median.

Tax Analysis

The estimated annual property tax is $10,217 across all districts. With a homestead exemption claimed, that drops to $8,412 — saving $1,805 per year. That's $701 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%$4,728
North San Gabriel MUD #1MUD0.9500%$3,625
Williamson CountyCounty0.3694%$1,410
Williamson County ESD #4 - Liberty HillESD0.0745%$284
Williamson County FM/RdCounty0.0443%$169
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.6772%$10,217

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $282,259 would pay approximately $1,762 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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