500 CR 226, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $-284,204 and $570,501, with a best estimate of $181,994. 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
$181,994
$165,095
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 $-284,204 and $570,501. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$97,124 for 328 sqft less living space and -$17,014 for being older. Net adjustment: -$114,138.
Adjusted +$31,388 for 106 sqft more living space and -$532 for being older. Net adjustment: +$30,856.
Adjusted -$412,779 for 1,394 sqft less living space and -$2,127 for being older. Net adjustment: -$414,906.
Adjusted -$49,451 for 167 sqft less living space and -$30,306 for being older. Net adjustment: -$79,757.
Adjusted -$106,600 for 360 sqft less living space and -$39,877 for being older. Net adjustment: -$146,477.
The Neighborhood
This home is valued 67.7% 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 -67.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,529 across all districts. With a homestead exemption claimed, that drops to $1,073 — saving $1,456 per year. That's $89 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% | $1,681 |
| Williamson County | County | 0.3694% | $610 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $165 |
| Williamson County FM/Rd | County | 0.0443% | $73 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $2,529 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $181,994 would pay approximately $1,136 per month (principal and interest only, excluding taxes and insurance).