Liberty Hill, TX 78642 (Williamson County)
About this property
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 details
Location
About the Area
205 Fallwell St is located in Liberty Hill, Texas, in Williamson County. Williamson County is the northern anchor of the Austin metro, encompassing Round Rock, Georgetown, Cedar Park, and Leander, communities that have experienced some of the fastest residential growth in the nation over the past decade. The county's western edge retains significant ranch and acreage character as the Hill Country transitions to the urban core.
The San Gabriel River flows through Georgetown and the northern reaches of the county. The terrain transitions from the limestone hills of the western county to the Blackland Prairie in the east. Stillhouse Hollow Lake on the Lampasas River sits on the Williamson-Bell county boundary, offering recreation within easy reach of the northern suburbs.
Liberty Hill had an estimated population of 6,706 as of 2023. The 78642 zip code has a median household income of $128,086, a median home value of $486,800, and a median age of 36.8. The average household size is 3.02 people.
Major employers include Dell Technologies (headquartered in Round Rock), Amazon, healthcare systems, and a massive retail and service sector supporting one of Texas's most affluent suburban populations. Georgetown consistently ranks among the fastest-growing cities in America, and the county's western acreage properties attract buyers seeking rural character with urban access.
Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).
Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Cook Residential RE.