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123 FALON LN, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

3 bed1,216 sqftBuilt 1972

Property at a Glance

This home is estimated between $386,683 and $740,136, with a best estimate of $494,931. That places the property above the AM10DLXI - MH - SLE/SLH/SBU median of $243,199, in a neighborhood that appreciated 21.7% over the past year.

Estimated Value Range

$386,683 $740,136
Best Estimate
$494,931
WCAD Value
$60,297
Low Confidence

Based on 5 comparable properties(0 in the same subdivision)

There are 5 comparable properties within range, but none are in AM10DLXI - MH - SLE/SLH/SBU. The estimated range of $386,683 and $740,136 should be treated as a rough guide.

Comparable Properties (5)

3 bed 2 bath 1,620 sqft Built 1985
Raw Value $395,869
Adjusted Value $386,683

Adjusted -$58,609 for 404 sqft less living space and +$49,423 for being newer. Net adjustment: -$9,186.

3 bed 2 bath 1,454 sqft Built 2005
Raw Value $574,248
Adjusted Value $665,178

Adjusted -$34,527 for 238 sqft less living space and +$125,457 for being newer. Net adjustment: +$90,930.

2 bed 2 bath 1,242 sqft Built 2005
Raw Value $361,223
Adjusted Value $482,908

Adjusted -$3,772 for 26 sqft less living space and +$125,457 for being newer. Net adjustment: +$121,685.

3 bed 2 bath 2,552 sqft Built 1986
Raw Value $635,522
Adjusted Value $494,931

Adjusted -$193,815 for 1,336 sqft less living space and +$53,224 for being newer. Net adjustment: -$140,591.

3 bed 2 bath 1,879 sqft Built 2001
Raw Value $726,068
Adjusted Value $740,136

Adjusted -$96,182 for 663 sqft less living space and +$110,250 for being newer. Net adjustment: +$14,068.

The Neighborhood

This home is valued 75.2% below the AM10DLXI - MH - SLE/SLH/SBU median of $243,199. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 21.7% over the past year.

AM10DLXI - MH - SLE/SLH/SBU

outlier low
437 Properties
$243,199 Median Value
+21.7% YoY Change
0% Have Pool
2% Have Garage
This Home
$60,297
Median
$243,199

This home is -75.2% below the subdivision median.

Tax Analysis

The estimated annual property tax is $1,013 across all districts. With a homestead exemption claimed, that drops to $268 — saving $745 per year. That's $22 per month a buyer should budget. The assessed value increased +20.8% vs the subdivision average of +21.7%. This increase gives a protest opportunity score of 30 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Liberty Hill ISDSchool1.2389%$727
Williamson CountyCounty0.3694%$217
Williamson County ESD #4 - Liberty HillESD0.0745%$44
Williamson County FM/RdCounty0.0443%$26
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7272%$1,013
30 / 100

Some opportunity.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $494,931 would pay approximately $3,089 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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