
Existing city water and wastewater service on 1.05-acres! Outstanding residential opportunity or residential development opportunity in close proximity to Downtown Liberty Hill. Home is 782sf and was built in 1925. Home, storage unit, barn, and shipping container are all included with this purchase. Flexible SF3 Zoning (High Density Residential). Adjacent lots are available - see listings on 205 Fallwell and 502/504 Barton for additional information. Purchase one or all three. A total of ~2.83 Acres for sale - 205 Fallwell (1.05 Acres), 209 Fallwell (1.245 Acres), and 502/504 Barton (.534 Acres). Water, wastewater, and electric to site. Excellent proximity to Downtown Liberty Hill/Main Street, Highway 29, 1869 and 279.
Property Type
Commercial Sale
Year Built
1925
Lot Size
1.05 acres
Garage
2 spaces
Listed by Cook Residential RE
Property Details
Flooring
Construction
Foundation
Parking
Verified property facts
205 Fallwell ST is a Commercial Sale built in 1925 featuring 0 bedrooms, 1.05-acre lot.
205 Fallwell ST is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 205 Fallwell ST is $5,121. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
With 20% down ($79,790) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 205 Fallwell ST is around $2,497 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026+10.0% | — | $243,785 | $183,355 | $122,250 |
2025 | — | $221,623 | $176,542 | $120,149 |
20% ($80K)
$398,950
Luxury property intelligence
A sourced read on 1510D291 - Town of Liberty Hill - lt 1950 pricing, timing, and property scale. No automated valuation claim.
List price
$398,950
Price per sqft
Not available
Vs. 1510D291 - Town of Liberty Hill - lt 1950 median
Not available
Days on market
433 days
Original to current
No verified reduction
$339.5K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 12, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $398,950, 205 Fallwell ST is in the 1510D291 - Town of Liberty Hill - lt 1950 market where there are currently 503 active listings in 78642.
205 Fallwell ST was built in 1925 (101 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
2 events on record
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026+10.0% | — | $243,785 | $183,355 | $122,250 |
2025 | — | $221,623 | $176,542 | $120,149 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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