51 CR 231, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $337,652 and $882,535, with a best estimate of $723,239. That places the property above the F001D30F - FLORENCE / BURNET ISD RURAL median of $511,796, in a neighborhood that declined 8.6% over the past year.
Estimated Value Range
$723,239
$379,221
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 $337,652 and $882,535. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$12,437 for 42 sqft less living space and +$9,570 for being newer. Net adjustment: -$2,867.
Adjusted -$1,777 for 6 sqft less living space and +$3,722 for being newer. Net adjustment: +$1,945.
Adjusted -$8,587 for 29 sqft less living space and +$2,658 for being newer and -$47,268 for no pool. Net adjustment: -$53,197.
Adjusted -$75,212 for 254 sqft less living space and +$1,595 for being newer. Net adjustment: -$73,617.
Adjusted +$9,476 for 32 sqft more living space and +$4,254 for being newer. Net adjustment: +$13,730.
The Neighborhood
This home is valued 25.9% below the F001D30F - FLORENCE / BURNET ISD RURAL median of $511,796. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.6% over the past year.
F001D30F - FLORENCE / BURNET ISD RURAL
below averageThis home is -25.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,810 across all districts. With a homestead exemption claimed, that drops to $4,314 — saving $1,496 per year. That's $360 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% | $3,861 |
| Williamson County | County | 0.3694% | $1,401 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $379 |
| Williamson County FM/Rd | County | 0.0443% | $168 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $5,810 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $723,239 would pay approximately $4,514 per month (principal and interest only, excluding taxes and insurance).