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124 ALFALFA DR, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

3 bed2 bath1,619 sqftBuilt 2024

Property at a Glance

This home is estimated between $291,738 and $495,265, with a best estimate of $472,621. 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

$291,738 $495,265
Best Estimate
$472,621
WCAD Value
$384,518
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 $291,738 and $495,265 should be treated as a rough guide.

Comparable Properties (5)

3 bed 2 bath 1,461 sqft Built 2025
Raw Value $430,276
Adjusted Value $472,621

Adjusted +$42,345 for 158 sqft more living space. Net adjustment: +$42,345.

3 bed 2 bath 1,819 sqft Built 2025
Raw Value $345,339
Adjusted Value $291,738

Adjusted -$53,601 for 200 sqft less living space. Net adjustment: -$53,601.

3 bed 2 bath 1,624 sqft Built 2022
Raw Value $496,605
Adjusted Value $495,265

Adjusted -$1,340 for 5 sqft less living space. Net adjustment: -$1,340.

3 bed 2 bath 1,419 sqft Built 2022
Raw Value $325,415
Adjusted Value $379,016

Adjusted +$53,601 for 200 sqft more living space. Net adjustment: +$53,601.

4 bed 3 bath 1,678 sqft Built 2023
Raw Value $500,846
Adjusted Value $485,034

Adjusted -$15,812 for 59 sqft less living space. Net adjustment: -$15,812.

The Neighborhood

This home is valued 24.3% 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

below average
484 Properties
$507,860 Median Value
+297.6% YoY Change
1% Have Pool
100% Have Garage
This Home
$384,518
Median
$507,860

This home is -24.3% below the subdivision median.

Tax Analysis

The estimated annual property tax is $10,294 across all districts. With a homestead exemption claimed, that drops to $8,489 — saving $1,805 per year. That's $707 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%$4,764
North San Gabriel MUD #1MUD0.9500%$3,653
Williamson CountyCounty0.3694%$1,421
Williamson County ESD #4 - Liberty HillESD0.0745%$286
Williamson County FM/RdCounty0.0443%$170
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.6772%$10,294

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $472,621 would pay approximately $2,950 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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