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109 ALFALFA DR, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

3 bed2 bath1,344 sqftBuilt 2023

Property at a Glance

This home is estimated between $175,567 and $477,996, with a best estimate of $298,528. That places the property below the I111523B - LARIAT median of $507,860, in a neighborhood that appreciated 297.6% over the past year.

Estimated Value Range

$175,567 $477,996
Best Estimate
$298,528
WCAD Value
$425,658
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 $175,567 and $477,996 should be treated as a rough guide.

Comparable Properties (5)

3 bed 1,216 sqft Built 2024
Raw Value $165,925
Adjusted Value $260,423

Adjusted +$34,305 for 128 sqft more living space and +$60,193 for having a garage. Net adjustment: +$94,498.

109 JOY LN, LIBERTY HILL, TX 78641
0.00 mi 100% similar Same subdivision
4 bed 3 bath 1,554 sqft Built 2025
Raw Value $534,277
Adjusted Value $477,996

Adjusted -$56,281 for 210 sqft less living space. Net adjustment: -$56,281.

3 bed 2 bath 1,448 sqft Built 2022
Raw Value $326,400
Adjusted Value $298,528

Adjusted -$27,872 for 104 sqft less living space. Net adjustment: -$27,872.

3 bed 2 bath 1,210 sqft Built 2024
Raw Value $288,422
Adjusted Value $324,335

Adjusted +$35,913 for 134 sqft more living space. Net adjustment: +$35,913.

109 GIBBS DR, LIBERTY HILL, TX 78642
0.00 mi 96% similar Same subdivision
3 bed 2 bath 2,846 sqft Built 2025
Raw Value $578,109
Adjusted Value $175,567

Adjusted -$402,542 for 1,502 sqft less living space. Net adjustment: -$402,542.

The Neighborhood

This home is valued 16.2% 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

below average
484 Properties
$507,860 Median Value
+297.6% YoY Change
1% Have Pool
100% Have Garage
This Home
$425,658
Median
$507,860

This home is -16.2% below the subdivision median.

Tax Analysis

The estimated annual property tax is $11,341 across all districts. With a homestead exemption claimed, that drops to $9,528 — saving $1,813 per year. That's $794 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%$5,248
North San Gabriel MUD #1MUD0.9500%$4,024
Williamson CountyCounty0.3694%$1,565
Williamson County ESD #4 - Liberty HillESD0.0745%$316
Williamson County FM/RdCounty0.0443%$188
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.6772%$11,341

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $298,528 would pay approximately $1,863 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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