550 CR 229, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $1,794 and $545,592, with a best estimate of $209,143. That places the property below the AM30DDXI - MH- SFL/SJA median of $229,079, in a neighborhood that appreciated 26.8% over the past year.
Estimated Value Range
$209,143
$125,435
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $1,794 and $545,592. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$14,991 for 120 sqft less living space and -$57,578 for being older. Net adjustment: -$72,569.
Adjusted +$3,998 for 32 sqft more living space and -$65,803 for being older. Net adjustment: -$61,805.
Adjusted +$15,990 for 128 sqft more living space and -$63,062 for being older. Net adjustment: -$47,072.
Adjusted -$8,995 for 72 sqft less living space and -$24,676 for being older. Net adjustment: -$33,671.
Adjusted -$39,976 for 320 sqft less living space and -$82,254 for being older. Net adjustment: -$122,230.
The Neighborhood
This home is valued 45.2% below the AM30DDXI - MH- SFL/SJA median of $229,079. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 26.8% over the past year.
AM30DDXI - MH- SFL/SJA
below averageThis home is -45.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $1,922 across all districts. With a homestead exemption claimed, that drops to $621 — saving $1,301 per year. That's $52 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% | $1,277 |
| Williamson County | County | 0.3694% | $463 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $125 |
| Williamson County FM/Rd | County | 0.0443% | $56 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $1,922 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $209,143 would pay approximately $1,305 per month (principal and interest only, excluding taxes and insurance).