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205 FALLWELL ST, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

2 bed1 bath782 sqftBuilt 1925

Property at a Glance

This home is estimated between $96,634 and $1,856,030, with a best estimate of $282,045. That places the property below the I510D29I - Town of Liberty Hill - lt 1950 median of $318,084, in a neighborhood that appreciated 39.8% over the past year.

Estimated Value Range

$96,634 $1,856,030
Best Estimate
$282,045
WCAD Value
$305,605
Medium Confidence

Based on 5 comparable properties(3 in the same subdivision)

Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $96,634 and $1,856,030. More comparables in the same subdivision would strengthen this estimate.

Comparable Properties (5)

107 FOREST ST, LIBERTY HILL, TX 78642
0.00 mi 95% similar Same subdivision
2 bed 1 bath 1,654 sqft Built 1930
Raw Value $379,539
Adjusted Value $172,926

Adjusted -$205,097 for 872 sqft less living space and -$1,516 for being older. Net adjustment: -$206,613.

109 GRANGE ST, LIBERTY HILL, TX 78642
0.00 mi 89% similar Same subdivision
2 bed 1 bath 812 sqft Built 1900
Raw Value $310,888
Adjusted Value $311,413

Adjusted -$7,056 for 30 sqft less living space and +$7,581 for being newer. Net adjustment: +$525.

200 GRANGE ST, LIBERTY HILL, TX 78642
0.00 mi 89% similar Same subdivision
2 bed 1 bath 1,075 sqft Built 1930
Raw Value $352,476
Adjusted Value $282,045

Adjusted -$68,915 for 293 sqft less living space and -$1,516 for being older. Net adjustment: -$70,431.

CR 203, LIBERTY HILL, TX 78642
0.00 mi 87% similar
2 bed 1 bath 1,427 sqft Built 1930
Raw Value $2,009,252
Adjusted Value $1,856,030

Adjusted -$151,706 for 645 sqft less living space and -$1,516 for being older. Net adjustment: -$153,222.

3 bed 690 sqft Built 2022
Raw Value $104,410
Adjusted Value $96,634

Adjusted +$21,639 for 92 sqft more living space and -$29,415 for being older. Net adjustment: -$7,776.

The Neighborhood

This home is valued 3.9% below the I510D29I - Town of Liberty Hill - lt 1950 median of $318,084. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 39.8% over the past year.

I510D29I - Town of Liberty Hill - lt 1950

typical
216 Properties
$318,084 Median Value
+39.8% YoY Change
6% Have Pool
15% Have Garage
This Home
$305,605
Median
$318,084

This home is -3.9% below the subdivision median.

Tax Analysis

The estimated annual property tax is $5,355 across all districts. With a homestead exemption claimed, that drops to $3,552 — saving $1,803 per year. That's $296 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%$3,020
Liberty HillCity0.4694%$1,144
Williamson CountyCounty0.3694%$901
Williamson County ESD #4 - Liberty HillESD0.0745%$182
Williamson County FM/RdCounty0.0443%$108
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.1966%$5,355

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $282,045 would pay approximately $1,761 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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