1950 CR 228, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $85,938 and $684,324, with a best estimate of $242,015. 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
$242,015
$422,015
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in F001D30F - FLORENCE / BURNET ISD RURAL, this home's estimated market value is between $85,938 and $684,324. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$50,931 for 172 sqft less living space and -$11,165 for being older. Net adjustment: -$62,096.
Adjusted -$82,911 for 280 sqft less living space and +$7,444 for being newer. Net adjustment: -$75,467.
Adjusted +$172,337 for 582 sqft more living space and +$1,595 for being newer. Net adjustment: +$173,932.
Adjusted -$210,239 for 710 sqft less living space and +$10,102 for being newer. Net adjustment: -$200,137.
Adjusted -$370,139 for 1,250 sqft less living space and +$1,595 for being newer. Net adjustment: -$368,544.
The Neighborhood
This home is valued 17.5% 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 -17.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,465 across all districts. With a homestead exemption claimed, that drops to $4,962 — saving $1,503 per year. That's $414 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% | $4,297 |
| Williamson County | County | 0.3694% | $1,559 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $422 |
| Williamson County FM/Rd | County | 0.0443% | $187 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $6,465 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $242,015 would pay approximately $1,511 per month (principal and interest only, excluding taxes and insurance).