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224 GARY WAYNE DR, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

4 bed3 bath1,984 sqftBuilt 2024

Property at a Glance

This home is estimated between $333,783 and $623,352, with a best estimate of $593,134. 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

$333,783 $623,352
Best Estimate
$593,134
WCAD Value
$558,594
Low Confidence

Based on 5 comparable properties(2 in the same subdivision)

There are 5 comparable properties within range, but few are in I111523B - LARIAT. The estimated range of $333,783 and $623,352 should be treated as a rough guide.

Comparable Properties (5)

4 bed 3 bath 2,191 sqft Built 2025
Raw Value $671,489
Adjusted Value $616,012

Adjusted -$55,477 for 207 sqft less living space. Net adjustment: -$55,477.

220 GARY WAYNE DR, LIBERTY HILL, TX 78642
0.01 mi 100% similar Same subdivision
4 bed 3 bath 2,556 sqft Built 2024
Raw Value $487,081
Adjusted Value $333,783

Adjusted -$153,298 for 572 sqft less living space. Net adjustment: -$153,298.

229 HIGH VALLEY DR, LIBERTY HILL, TX 78642
0.03 mi 100% similar Same subdivision
4 bed 3 bath 1,707 sqft Built 2025
Raw Value $549,115
Adjusted Value $623,352

Adjusted +$74,237 for 277 sqft more living space. Net adjustment: +$74,237.

4 bed 3 bath 2,274 sqft Built 2025
Raw Value $670,855
Adjusted Value $593,134

Adjusted -$77,721 for 290 sqft less living space. Net adjustment: -$77,721.

4 bed 3 bath 1,862 sqft Built 2021
Raw Value $395,846
Adjusted Value $428,542

Adjusted +$32,696 for 122 sqft more living space. Net adjustment: +$32,696.

The Neighborhood

This home is valued 10.0% 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

typical
484 Properties
$507,860 Median Value
+297.6% YoY Change
1% Have Pool
100% Have Garage
This Home
$558,594
Median
$507,860

This home is +10.0% above the subdivision median.

Tax Analysis

The estimated annual property tax is $14,955 across all districts. With a homestead exemption claimed, that drops to $13,117 — saving $1,838 per year. That's $1,093 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%$6,920
North San Gabriel MUD #1MUD0.9500%$5,307
Williamson CountyCounty0.3694%$2,064
Williamson County ESD #4 - Liberty HillESD0.0745%$416
Williamson County FM/RdCounty0.0443%$248
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.6772%$14,955

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $593,134 would pay approximately $3,702 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 4/17/2026.

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