850 CR 244, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $242,319 and $490,760, with a best estimate of $354,712. 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
$354,712
$268,555
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 $242,319 and $490,760. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$60,999 for 206 sqft more living space and +$7,444 for being newer. Net adjustment: +$68,443.
Adjusted +$45,601 for 154 sqft more living space and +$10,634 for being newer. Net adjustment: +$56,235.
Adjusted -$94,163 for 318 sqft less living space and -$5,317 for being older. Net adjustment: -$99,480.
Adjusted +$74,620 for 252 sqft more living space and +$2,658 for being newer. Net adjustment: +$77,278.
Adjusted +$63,960 for 216 sqft more living space and +$6,380 for being newer. Net adjustment: +$70,340.
The Neighborhood
This home is valued 47.5% 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 -47.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,114 across all districts. With a homestead exemption claimed, that drops to $2,639 — saving $1,475 per year. That's $220 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% | $2,734 |
| Williamson County | County | 0.3694% | $992 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $269 |
| Williamson County FM/Rd | County | 0.0443% | $119 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $4,114 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $354,712 would pay approximately $2,214 per month (principal and interest only, excluding taxes and insurance).