2220 FM 2843, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $736,528 and $6,126,850, with a best estimate of $1,803,515. That places the property below the N10IE - INDUSTRIAL EXCAVATION median of $2,250,756, in a neighborhood that appreciated 2.8% over the past year.
Estimated Value Range
$1,803,515
$3,301,361
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in N10IE - INDUSTRIAL EXCAVATION. The estimated range of $736,528 and $6,126,850 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$90,787 for 376 sqft more living space and +$3,034 for being newer. Net adjustment: +$93,821.
Adjusted +$114,449 for 474 sqft more living space and +$4,551 for being newer. Net adjustment: +$119,000.
Adjusted +$90,063 for 373 sqft more living space and +$10,316 for being newer and +$6,235 for having a pool and -$60,193 for no garage. Net adjustment: +$46,421.
Adjusted +$298,921 for 1,238 sqft more living space and +$3,034 for being newer and +$6,235 for having a pool and -$60,193 for no garage. Net adjustment: +$247,997.
Adjusted +$141,492 for 586 sqft more living space and +$10,721 for being newer and +$6,235 for having a pool and -$60,193 for no garage. Net adjustment: +$98,255.
The Neighborhood
This home is valued 46.7% above the N10IE - INDUSTRIAL EXCAVATION median of $2,250,756. With 6 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 2.8% over the past year.
N10IE - INDUSTRIAL EXCAVATION
above averageThis home is +46.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $50,576 across all districts. With a homestead exemption claimed, that drops to $48,541 — saving $2,035 per year. That's $4,045 per month a buyer should budget. The assessed value increased +7.9% vs the subdivision average of +2.8%. This above-average increase gives a protest opportunity score of 51 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Florence ISD | School | 1.0182% | $33,614 |
| Williamson County | County | 0.3694% | $12,197 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $3,301 |
| Williamson County FM/Rd | County | 0.0443% | $1,463 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $50,576 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,803,515 would pay approximately $11,257 per month (principal and interest only, excluding taxes and insurance).