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121 GIBBS DR, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

3 bed2 bath2,740 sqftBuilt 2025

Property at a Glance

This home is estimated between $559,736 and $786,341, with a best estimate of $709,765. 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

$559,736 $786,341
Best Estimate
$709,765
WCAD Value
$492,448
Low Confidence

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 $559,736 and $786,341 should be treated as a rough guide.

Comparable Properties (5)

121 SMOKE SIGNAL CT, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
3 bed 2 bath 2,775 sqft Built 2025
Raw Value $587,912
Adjusted Value $578,532

Adjusted -$9,380 for 35 sqft less living space. Net adjustment: -$9,380.

3 bed 2 bath 2,615 sqft Built 2018
Raw Value $526,236
Adjusted Value $559,736

Adjusted +$33,500 for 125 sqft more living space. Net adjustment: +$33,500.

3 bed 2 bath 2,566 sqft Built 2014
Raw Value $669,163
Adjusted Value $715,796

Adjusted +$46,633 for 174 sqft more living space. Net adjustment: +$46,633.

3 bed 2 bath 2,338 sqft Built 2021
Raw Value $678,603
Adjusted Value $786,341

Adjusted +$107,738 for 402 sqft more living space. Net adjustment: +$107,738.

3 bed 2 bath 2,975 sqft Built 2013
Raw Value $772,746
Adjusted Value $709,765

Adjusted -$62,981 for 235 sqft less living space. Net adjustment: -$62,981.

The Neighborhood

This home is valued 3.0% below the I111523B - LARIAT median of $507,860. That positions it competitively for buyers comparing within the neighborhood. 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
$492,448
Median
$507,860

This home is -3.0% below the subdivision median.

Tax Analysis

The estimated annual property tax is $13,184 across all districts. With a homestead exemption claimed, that drops to $11,358 — saving $1,826 per year. That's $947 per month a buyer should budget. The assessed value increased +466.0% vs the subdivision average of +297.6%. This above-average increase gives a protest opportunity score of 100 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Liberty Hill ISDSchool1.2389%$6,101
North San Gabriel MUD #1MUD0.9500%$4,678
Williamson CountyCounty0.3694%$1,819
Williamson County ESD #4 - Liberty HillESD0.0745%$367
Williamson County FM/RdCounty0.0443%$218
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.6772%$13,184
100 / 100

There may be a strong case to protest this appraisal.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $709,765 would pay approximately $4,430 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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