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117 CERRO PICACHO TRL, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

4 bed3 bath3,499 sqftBuilt 2016

Property at a Glance

This home is estimated between $850,463 and $1,079,441, with a best estimate of $939,194. That places the property above the I460514C - RANCHO SANTA FE / ESTATES AT STONEWALL RANCH median of $840,397, in a neighborhood that declined 3.6% over the past year.

Estimated Value Range

$850,463 $1,079,441
Best Estimate
$939,194
WCAD Value
$875,165
High Confidence

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

Based on 5 comparable properties in I460514C - RANCHO SANTA FE / ESTATES AT STONEWALL RANCH, this home's estimated market value is between $850,463 and $1,079,441. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

117 OCATE MESA TRL, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
4 bed 3 bath 3,132 sqft Built 2017
Raw Value $904,518
Adjusted Value $997,628

Adjusted +$96,605 for 367 sqft more living space and -$3,495 for being older. Net adjustment: +$93,110.

121 CERRO PICACHO TRL, LIBERTY HILL, TX 78642
0.01 mi 100% similar Same subdivision
4 bed 3 bath 3,030 sqft Built 2016
Raw Value $768,183
Adjusted Value $891,638

Adjusted +$123,455 for 469 sqft more living space. Net adjustment: +$123,455.

121 OCATE MESA TRL, LIBERTY HILL, TX 78642
0.01 mi 100% similar Same subdivision
4 bed 3 bath 3,388 sqft Built 2019
Raw Value $920,460
Adjusted Value $939,194

Adjusted +$29,219 for 111 sqft more living space and -$10,485 for being older. Net adjustment: +$18,734.

109 CERRO PICACHO TRL, LIBERTY HILL, TX 78642
0.02 mi 100% similar Same subdivision
5 bed 4 bath 3,406 sqft Built 2016
Raw Value $1,054,961
Adjusted Value $1,079,441

Adjusted +$24,480 for 93 sqft more living space. Net adjustment: +$24,480.

109 OCATE MESA TRL, LIBERTY HILL, TX 78642
0.02 mi 100% similar Same subdivision
4 bed 3 bath 3,462 sqft Built 2016
Raw Value $840,723
Adjusted Value $850,463

Adjusted +$9,740 for 37 sqft more living space. Net adjustment: +$9,740.

The Neighborhood

This home is valued 4.1% above the I460514C - RANCHO SANTA FE / ESTATES AT STONEWALL RANCH median of $840,397. With 169 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.6% over the past year.

I460514C - RANCHO SANTA FE / ESTATES AT STONEWALL RANCH

typical
169 Properties
$840,397 Median Value
-3.6% YoY Change
1% Have Pool
100% Have Garage
This Home
$875,165
Median
$840,397

This home is +4.1% above the subdivision median.

Tax Analysis

The estimated annual property tax is $19,446 across all districts. With a homestead exemption claimed, that drops to $17,550 — saving $1,896 per year. That's $1,463 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%$10,842
Watch Hill MUDMUD0.4948%$4,330
Williamson CountyCounty0.3694%$3,233
Williamson County ESD #4 - Liberty HillESD0.0745%$652
Williamson County FM/RdCounty0.0443%$388
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.2220%$19,446

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $939,194 would pay approximately $5,862 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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