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248 FAULKNER ST, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

4 bed3 bath1,194 sqftBuilt 2023

Property at a Glance

This home is estimated between $109,668 and $437,067, with a best estimate of $381,536. 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

$109,668 $437,067
Best Estimate
$381,536
WCAD Value
$475,779
Low Confidence

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

There are 5 comparable properties within range, but none are in I111523B - LARIAT. The estimated range of $109,668 and $437,067 should be treated as a rough guide.

Comparable Properties (5)

4 bed 2 bath 1,114 sqft Built 2022
Raw Value $392,584
Adjusted Value $414,024

Adjusted +$21,440 for 80 sqft more living space. Net adjustment: +$21,440.

4 bed 3 bath 1,560 sqft Built 2022
Raw Value $479,625
Adjusted Value $381,536

Adjusted -$98,089 for 366 sqft less living space. Net adjustment: -$98,089.

4 bed 2 bath 1,301 sqft Built 2025
Raw Value $138,344
Adjusted Value $109,668

Adjusted -$28,676 for 107 sqft less living space. Net adjustment: -$28,676.

4 bed 3 bath 1,508 sqft Built 2018
Raw Value $407,789
Adjusted Value $323,636

Adjusted -$84,153 for 314 sqft less living space. Net adjustment: -$84,153.

4 bed 3 bath 1,610 sqft Built 2022
Raw Value $548,557
Adjusted Value $437,067

Adjusted -$111,490 for 416 sqft less living space. Net adjustment: -$111,490.

The Neighborhood

This home is valued 6.3% 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

typical
484 Properties
$507,860 Median Value
+297.6% YoY Change
1% Have Pool
100% Have Garage
This Home
$475,779
Median
$507,860

This home is -6.3% below the subdivision median.

Tax Analysis

The estimated annual property tax is $12,737 across all districts. With a homestead exemption claimed, that drops to $10,915 — saving $1,822 per year. That's $910 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%$5,894
North San Gabriel MUD #1MUD0.9500%$4,520
Williamson CountyCounty0.3694%$1,758
Williamson County ESD #4 - Liberty HillESD0.0745%$354
Williamson County FM/RdCounty0.0443%$211
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.6772%$12,737

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $381,536 would pay approximately $2,382 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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