500 CR 240, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $62,455 and $594,302, with a best estimate of $246,114. That places the property below the F001D30F - FLORENCE / BURNET ISD RURAL median of $511,796, in a neighborhood that declined 8.6% over the past year.
Estimated Value Range
$246,114
$577,296
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in F001D30F - FLORENCE / BURNET ISD RURAL. The estimated range of $62,455 and $594,302 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$67,513 for 228 sqft more living space and -$1,595 for being older. Net adjustment: +$65,918.
Adjusted -$1,777 for 6 sqft less living space and +$532 for being newer. Net adjustment: -$1,245.
Adjusted -$72,251 for 244 sqft less living space and +$532 for being newer. Net adjustment: -$71,719.
Adjusted -$90,018 for 304 sqft less living space. Net adjustment: -$90,018.
Adjusted +$76,989 for 260 sqft more living space and +$1,595 for being newer. Net adjustment: +$78,584.
The Neighborhood
This home is valued 12.8% above the F001D30F - FLORENCE / BURNET ISD RURAL median of $511,796. With 2,087 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.6% over the past year.
F001D30F - FLORENCE / BURNET ISD RURAL
typicalThis home is +12.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,844 across all districts. With a homestead exemption claimed, that drops to $7,312 — saving $1,532 per year. That's $609 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
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Florence ISD | School | 1.0182% | $5,878 |
| Williamson County | County | 0.3694% | $2,133 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $577 |
| Williamson County FM/Rd | County | 0.0443% | $256 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $8,844 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $246,114 would pay approximately $1,536 per month (principal and interest only, excluding taxes and insurance).