118 SULLIVAN ST, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $166,033 and $229,592, with a best estimate of $188,696. That places the property below the F301D30I - FLORENCE ISD CITY median of $190,830, in a neighborhood that declined 2.7% over the past year.
Estimated Value Range
$188,696
$147,840
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in F301D30I - FLORENCE ISD CITY, this home's estimated market value is between $166,033 and $229,592. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$9,903 for 74 sqft less living space and +$10,606 for being newer and -$29,356 for no garage. Net adjustment: -$28,653.
Adjusted +$74,941 for 560 sqft more living space and -$1,061 for being older. Net adjustment: +$73,880.
Adjusted +$11,776 for 88 sqft more living space and +$10,606 for being newer and -$29,356 for no garage. Net adjustment: -$6,974.
Adjusted +$16,326 for 122 sqft more living space and -$37,122 for being older and -$29,356 for no garage. Net adjustment: -$50,152.
Adjusted +$43,626 for 326 sqft more living space and -$5,303 for being older. Net adjustment: +$38,323.
The Neighborhood
This home is valued 22.5% below the F301D30I - FLORENCE ISD CITY median of $190,830. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 2.7% over the past year.
F301D30I - FLORENCE ISD CITY
below averageThis home is -22.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,126 across all districts. With a homestead exemption claimed, that drops to $1,673 — saving $1,453 per year. That's $139 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% | $1,505 |
| Florence | City | 0.5826% | $861 |
| Williamson County | County | 0.3694% | $546 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $148 |
| Williamson County FM/Rd | County | 0.0443% | $66 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1145% | $3,126 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $188,696 would pay approximately $1,178 per month (principal and interest only, excluding taxes and insurance).