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201 LOOKOUT DR, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

4 bed3 bath2,473 sqftBuilt 2003

Property at a Glance

This home is estimated between $506,042 and $1,206,966, with a best estimate of $691,022. That places the property below the I035D95E - LH ISD - South HWY 29 / WEST OF RONALD REAGAN median of $800,627, in a neighborhood that appreciated 16.3% over the past year.

Estimated Value Range

$506,042 $1,206,966
Best Estimate
$691,022
WCAD Value
$1,074,464
Low Confidence

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

There are 5 comparable properties within range, but none are in I035D95E - LH ISD - South HWY 29 / WEST OF RONALD REAGAN. The estimated range of $506,042 and $1,206,966 should be treated as a rough guide.

Comparable Properties (5)

4 bed 3 bath 3,092 sqft Built 2003
Raw Value $1,449,745
Adjusted Value $1,206,966

Adjusted -$242,779 for 619 sqft less living space. Net adjustment: -$242,779.

4 bed 3 bath 2,440 sqft Built 2025
Raw Value $705,280
Adjusted Value $691,022

Adjusted +$12,943 for 33 sqft more living space and -$27,201 for being older. Net adjustment: -$14,258.

3 bed 2 bath 2,576 sqft Built 2003
Raw Value $546,440
Adjusted Value $506,042

Adjusted -$40,398 for 103 sqft less living space. Net adjustment: -$40,398.

4 bed 3 bath 2,344 sqft Built 2025
Raw Value $681,757
Adjusted Value $705,151

Adjusted +$50,595 for 129 sqft more living space and -$27,201 for being older. Net adjustment: +$23,394.

4 bed 3 bath 2,859 sqft Built 2022
Raw Value $833,324
Adjusted Value $658,438

Adjusted -$151,394 for 386 sqft less living space and -$23,492 for being older. Net adjustment: -$174,886.

The Neighborhood

This home is valued 34.2% above the I035D95E - LH ISD - South HWY 29 / WEST OF RONALD REAGAN median of $800,627. With 583 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 16.3% over the past year.

I035D95E - LH ISD - South HWY 29 / WEST OF RONALD REAGAN

above average
583 Properties
$800,627 Median Value
+16.3% YoY Change
4% Have Pool
39% Have Garage
This Home
$1,074,464
Median
$800,627

This home is +34.2% above the subdivision median.

Tax Analysis

The estimated annual property tax is $18,558 across all districts. With a homestead exemption claimed, that drops to $16,625 — saving $1,933 per year. That's $1,385 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%$13,312
Williamson CountyCounty0.3694%$3,970
Williamson County ESD #4 - Liberty HillESD0.0745%$800
Williamson County FM/RdCounty0.0443%$476
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7272%$18,558

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $691,022 would pay approximately $4,313 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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