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119 FALON LN, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

3 bed1,152 sqftBuilt 2008

Property at a Glance

This home is estimated between $311,496 and $382,965, with a best estimate of $343,650. 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

$311,496 $382,965
Best Estimate
$343,650
WCAD Value
$110,458
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 $311,496 and $382,965 should be treated as a rough guide.

Comparable Properties (5)

3 bed 2 bath 1,692 sqft Built 2017
Raw Value $364,039
Adjusted Value $319,916

Adjusted -$78,339 for 540 sqft less living space and +$34,216 for being newer. Net adjustment: -$44,123.

3 bed 2 bath 1,693 sqft Built 2017
Raw Value $355,764
Adjusted Value $311,496

Adjusted -$78,484 for 541 sqft less living space and +$34,216 for being newer. Net adjustment: -$44,268.

3 bed 2 bath 1,640 sqft Built 2021
Raw Value $365,022
Adjusted Value $343,650

Adjusted -$70,795 for 488 sqft less living space and +$49,423 for being newer. Net adjustment: -$21,372.

4 bed 3 bath 1,547 sqft Built 2017
Raw Value $406,052
Adjusted Value $382,965

Adjusted -$57,303 for 395 sqft less living space and +$34,216 for being newer. Net adjustment: -$23,087.

3 bed 2 bath 1,620 sqft Built 2025
Raw Value $382,986
Adjusted Value $379,723

Adjusted -$67,893 for 468 sqft less living space and +$64,630 for being newer. Net adjustment: -$3,263.

The Neighborhood

This home is valued 54.6% 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

outlier low
437 Properties
$243,199 Median Value
+21.7% YoY Change
0% Have Pool
2% Have Garage
This Home
$110,458
Median
$243,199

This home is -54.6% below the subdivision median.

Tax Analysis

The estimated annual property tax is $1,600 across all districts. With a homestead exemption claimed, that drops to $434 — saving $1,166 per year. That's $36 per month a buyer should budget. The assessed value increased +39.8% vs the subdivision average of +21.7%. This above-average increase gives a protest opportunity score of 90 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Liberty Hill ISDSchool1.2389%$1,148
Williamson CountyCounty0.3694%$342
Williamson County ESD #4 - Liberty HillESD0.0745%$69
Williamson County FM/RdCounty0.0443%$41
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7272%$1,600
90 / 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 $343,650 would pay approximately $2,145 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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