305 MCMILLIAN DR, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $462,317 and $687,943, with a best estimate of $516,675. 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
$516,675
$610,018
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in I111523B - LARIAT. The estimated range of $462,317 and $687,943 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$3,484 for 13 sqft less living space. Net adjustment: -$3,484.
Adjusted +$35,109 for 131 sqft more living space. Net adjustment: +$35,109.
Adjusted -$137,486 for 513 sqft less living space. Net adjustment: -$137,486.
Adjusted +$47,169 for 176 sqft more living space. Net adjustment: +$47,169.
Adjusted -$23,048 for 86 sqft less living space. Net adjustment: -$23,048.
The Neighborhood
This home is valued 20.1% 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
above averageThis home is +20.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $16,331 across all districts. With a homestead exemption claimed, that drops to $14,484 — saving $1,847 per year. That's $1,207 per month a buyer should budget. The assessed value increased +210.2% vs the subdivision average of +297.6%. This increase gives a protest opportunity score of 50 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $7,558 |
| North San Gabriel MUD #1 | MUD | 0.9500% | $5,795 |
| Williamson County | County | 0.3694% | $2,254 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $454 |
| Williamson County FM/Rd | County | 0.0443% | $270 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.6772% | $16,331 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $516,675 would pay approximately $3,225 per month (principal and interest only, excluding taxes and insurance).