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121 ALFALFA DR, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

4 bed3 bath1,173 sqftBuilt 2024

Property at a Glance

This home is estimated between $338,782 and $434,258, with a best estimate of $345,637. 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

$338,782 $434,258
Best Estimate
$345,637
WCAD Value
$472,989
Medium Confidence

Based on 5 comparable properties(3 in the same subdivision)

Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $338,782 and $434,258. More comparables in the same subdivision would strengthen this estimate.

Comparable Properties (5)

121 TOP VIEW DR, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
4 bed 3 bath 1,627 sqft Built 2025
Raw Value $463,894
Adjusted Value $342,220

Adjusted -$121,674 for 454 sqft less living space. Net adjustment: -$121,674.

121 DANIELSON ST, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
4 bed 3 bath 1,564 sqft Built 2023
Raw Value $522,600
Adjusted Value $417,810

Adjusted -$104,790 for 391 sqft less living space. Net adjustment: -$104,790.

121 PLANT LN, LIBERTY HILL, TX 78642
0.00 mi 100% similar Same subdivision
4 bed 3 bath 1,649 sqft Built 2024
Raw Value $466,352
Adjusted Value $338,782

Adjusted -$127,570 for 476 sqft less living space. Net adjustment: -$127,570.

4 bed 2 bath 1,278 sqft Built 2024
Raw Value $373,777
Adjusted Value $345,637

Adjusted -$28,140 for 105 sqft less living space. Net adjustment: -$28,140.

4 bed 3 bath 884 sqft Built 2024
Raw Value $356,805
Adjusted Value $434,258

Adjusted +$77,453 for 289 sqft more living space. Net adjustment: +$77,453.

The Neighborhood

This home is valued 6.9% 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
$472,989
Median
$507,860

This home is -6.9% below the subdivision median.

Tax Analysis

The estimated annual property tax is $12,663 across all districts. With a homestead exemption claimed, that drops to $10,841 — saving $1,822 per year. That's $903 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%$5,860
North San Gabriel MUD #1MUD0.9500%$4,493
Williamson CountyCounty0.3694%$1,747
Williamson County ESD #4 - Liberty HillESD0.0745%$352
Williamson County FM/RdCounty0.0443%$210
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.6772%$12,663

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $345,637 would pay approximately $2,157 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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