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205 MCCRAE DR, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

3 bed2 bath1,578 sqftBuilt 2024

Property at a Glance

This home is estimated between $354,060 and $543,041, with a best estimate of $420,402. That places the property above the I111425C - LARIAT median of $373,777, in a neighborhood that appreciated 112.4% over the past year.

Estimated Value Range

$354,060 $543,041
Best Estimate
$420,402
WCAD Value
$326,690
Low Confidence

Based on 5 comparable properties(1 in the same subdivision)

There are 5 comparable properties within range, but few are in I111425C - LARIAT. The estimated range of $354,060 and $543,041 should be treated as a rough guide.

Comparable Properties (5)

205 LEELAND DR, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
3 bed 2 bath 973 sqft Built 2023
Raw Value $368,429
Adjusted Value $543,041

Adjusted +$174,612 for 605 sqft more living space. Net adjustment: +$174,612.

3 bed 2 bath 1,382 sqft Built 2022
Raw Value $297,491
Adjusted Value $354,060

Adjusted +$56,569 for 196 sqft more living space. Net adjustment: +$56,569.

3 bed 2 bath 1,760 sqft Built 2019
Raw Value $493,962
Adjusted Value $441,434

Adjusted -$52,528 for 182 sqft less living space. Net adjustment: -$52,528.

3 bed 2 bath 1,277 sqft Built 2024
Raw Value $333,529
Adjusted Value $420,402

Adjusted +$86,873 for 301 sqft more living space. Net adjustment: +$86,873.

2 bed 2 bath 1,729 sqft Built 2024
Raw Value $409,339
Adjusted Value $365,758

Adjusted -$43,581 for 151 sqft less living space. Net adjustment: -$43,581.

The Neighborhood

This home is valued 12.6% below the I111425C - LARIAT median of $373,777. That positions it competitively for buyers comparing within the neighborhood. 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
$326,690
Median
$373,777

This home is -12.6% below the subdivision median.

Tax Analysis

The estimated annual property tax is $8,746 across all districts. With a homestead exemption claimed, that drops to $6,951 — saving $1,795 per year. That's $579 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%$4,047
North San Gabriel MUD #1MUD0.9500%$3,104
Williamson CountyCounty0.3694%$1,207
Williamson County ESD #4 - Liberty HillESD0.0745%$243
Williamson County FM/RdCounty0.0443%$145
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.6772%$8,746

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $420,402 would pay approximately $2,624 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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