850 CR 218, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $234,185 and $552,110, with a best estimate of $323,703. 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
$323,703
$152,728
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 $234,185 and $552,110. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$206,982 for 699 sqft more living space and -$5,317 for being older. Net adjustment: +$201,665.
Adjusted -$11,548 for 39 sqft less living space and -$23,926 for being older. Net adjustment: -$35,474.
Adjusted +$7,107 for 24 sqft more living space and -$24,458 for being older. Net adjustment: -$17,351.
Adjusted -$26,354 for 89 sqft less living space and -$23,394 for being older. Net adjustment: -$49,748.
Adjusted -$13,917 for 47 sqft less living space and -$28,179 for being older. Net adjustment: -$42,096.
The Neighborhood
This home is valued 70.2% 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
outlier lowThis home is -70.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,340 across all districts. With a homestead exemption claimed, that drops to $886 — saving $1,454 per year. That's $74 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% | $1,555 |
| Williamson County | County | 0.3694% | $564 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $153 |
| Williamson County FM/Rd | County | 0.0443% | $68 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $2,340 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $323,703 would pay approximately $2,021 per month (principal and interest only, excluding taxes and insurance).