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216 FAULKNER ST, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

4 bed3 bath1,993 sqftBuilt 2024

Property at a Glance

This home is estimated between $302,566 and $622,386, with a best estimate of $446,502. 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

$302,566 $622,386
Best Estimate
$446,502
WCAD Value
$520,689
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 $302,566 and $622,386 should be treated as a rough guide.

Comparable Properties (5)

216 SMOKE SIGNAL CT, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
4 bed 2 bath 2,334 sqft Built 2025
Raw Value $537,891
Adjusted Value $446,502

Adjusted -$91,389 for 341 sqft less living space. Net adjustment: -$91,389.

4 bed 2,192 sqft Built 2022
Raw Value $675,719
Adjusted Value $622,386

Adjusted -$53,333 for 199 sqft less living space. Net adjustment: -$53,333.

5 bed 3 bath 2,020 sqft Built 2025
Raw Value $309,802
Adjusted Value $302,566

Adjusted -$7,236 for 27 sqft less living space. Net adjustment: -$7,236.

216 SHEEPDOG DR, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
4 bed 3 bath 2,169 sqft Built 2025
Raw Value $642,126
Adjusted Value $594,957

Adjusted -$47,169 for 176 sqft less living space. Net adjustment: -$47,169.

4 bed 3 bath 2,390 sqft Built 2024
Raw Value $506,324
Adjusted Value $399,926

Adjusted -$106,398 for 397 sqft less living space. Net adjustment: -$106,398.

The Neighborhood

This home is valued 2.5% 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
$520,689
Median
$507,860

This home is +2.5% above the subdivision median.

Tax Analysis

The estimated annual property tax is $13,940 across all districts. With a homestead exemption claimed, that drops to $12,109 — saving $1,831 per year. That's $1,009 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%$6,451
North San Gabriel MUD #1MUD0.9500%$4,947
Williamson CountyCounty0.3694%$1,924
Williamson County ESD #4 - Liberty HillESD0.0745%$388
Williamson County FM/RdCounty0.0443%$231
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.6772%$13,940

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $446,502 would pay approximately $2,787 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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