1960 CR 228, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $386,346 and $1,110,083, with a best estimate of $904,862. 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
$904,862
$584,895
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 $386,346 and $1,110,083. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$253,471 for 856 sqft less living space and -$4,785 for being older. Net adjustment: -$258,256.
Adjusted +$145,391 for 491 sqft more living space and -$48,384 for being older. Net adjustment: +$97,007.
Adjusted +$285,451 for 964 sqft more living space and -$20,736 for being older and -$47,268 for no pool. Net adjustment: +$217,447.
Adjusted +$188,919 for 638 sqft more living space and -$58,486 for being older. Net adjustment: +$130,433.
Adjusted +$218,826 for 739 sqft more living space and -$47,320 for being older. Net adjustment: +$171,506.
The Neighborhood
This home is valued 14.3% above the F001D30F - FLORENCE / BURNET ISD RURAL median of $511,796. With 2,087 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.6% over the past year.
F001D30F - FLORENCE / BURNET ISD RURAL
typicalThis home is +14.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,960 across all districts. With a homestead exemption claimed, that drops to $7,427 — saving $1,533 per year. That's $619 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% | $5,955 |
| Williamson County | County | 0.3694% | $2,161 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $585 |
| Williamson County FM/Rd | County | 0.0443% | $259 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $8,960 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $904,862 would pay approximately $5,648 per month (principal and interest only, excluding taxes and insurance).