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115 FALON LN, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

3 bed1,600 sqftBuilt 1999

Property at a Glance

This home is estimated between $392,778 and $672,058, with a best estimate of $512,796. 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

$392,778 $672,058
Best Estimate
$512,796
WCAD Value
$131,356
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 $392,778 and $672,058 should be treated as a rough guide.

Comparable Properties (5)

3 bed 2 bath 2,270 sqft Built 1999
Raw Value $769,256
Adjusted Value $672,058

Adjusted -$97,198 for 670 sqft less living space. Net adjustment: -$97,198.

3 bed 2 bath 1,760 sqft Built 2017
Raw Value $347,558
Adjusted Value $392,778

Adjusted -$23,211 for 160 sqft less living space and +$68,431 for being newer. Net adjustment: +$45,220.

4 bed 3 bath 1,525 sqft Built 2019
Raw Value $418,250
Adjusted Value $505,165

Adjusted +$10,880 for 75 sqft more living space and +$76,035 for being newer. Net adjustment: +$86,915.

3 bed 2 bath 2,311 sqft Built 2007
Raw Value $585,528
Adjusted Value $512,796

Adjusted -$103,146 for 711 sqft less living space and +$30,414 for being newer. Net adjustment: -$72,732.

4 bed 2 bath 1,475 sqft Built 2023
Raw Value $426,496
Adjusted Value $535,872

Adjusted +$18,134 for 125 sqft more living space and +$91,242 for being newer. Net adjustment: +$109,376.

The Neighborhood

This home is valued 46.0% 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

below average
437 Properties
$243,199 Median Value
+21.7% YoY Change
0% Have Pool
2% Have Garage
This Home
$131,356
Median
$243,199

This home is -46.0% below the subdivision median.

Tax Analysis

The estimated annual property tax is $1,254 across all districts. With a homestead exemption claimed, that drops to $336 — saving $918 per year. That's $28 per month a buyer should budget. The assessed value increased +117.1% vs the subdivision average of +21.7%. This above-average increase gives a protest opportunity score of 95 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Liberty Hill ISDSchool1.2389%$900
Williamson CountyCounty0.3694%$268
Williamson County ESD #4 - Liberty HillESD0.0745%$54
Williamson County FM/RdCounty0.0443%$32
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7272%$1,254
95 / 100

There may be a strong case to protest this appraisal.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $512,796 would pay approximately $3,201 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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