I have a web server running out of my home. I have assigned it an address such as 192.168.1.123 on port 80.
I understand that this is running on my local network. If I go to another computer on my network and type in the server's ip address, I can see the server.
Is there a way to access this server from outside my LAN?
Yes, you need to set your router to forward connections to port 80 to your internal IP address (192.168.1.123). Look for Port Forwarding
on your router admin screen which I would imagine you access by going to http://192.168.1.1
Keep in mind that your ISP may block port 80 completely in which case you can run your web server on a different port (for example por 8180) and have your router forward connections to port 8180 to your internal IP.
To access your server from outside, you just need to point your browser to your external IP address which you can find out by going to http://www.ipchicken.com