228 FAULKNER ST, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $358,840 and $636,103, with a best estimate of $496,156. 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
$496,156
$484,263
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 $358,840 and $636,103 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$41,273 for 154 sqft less living space. Net adjustment: -$41,273.
Adjusted -$35,913 for 134 sqft less living space. Net adjustment: -$35,913.
Adjusted -$136,146 for 508 sqft less living space. Net adjustment: -$136,146.
Adjusted -$7,772 for 29 sqft less living space. Net adjustment: -$7,772.
Adjusted +$92,461 for 345 sqft more living space. Net adjustment: +$92,461.
The Neighborhood
This home is valued 4.6% 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
typicalThis home is -4.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,965 across all districts. With a homestead exemption claimed, that drops to $11,141 — saving $1,824 per year. That's $928 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
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $6,000 |
| North San Gabriel MUD #1 | MUD | 0.9500% | $4,600 |
| Williamson County | County | 0.3694% | $1,789 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $361 |
| Williamson County FM/Rd | County | 0.0443% | $215 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.6772% | $12,965 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $496,156 would pay approximately $3,097 per month (principal and interest only, excluding taxes and insurance).