450 CR 240, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $797,836 and $1,497,275, with a best estimate of $1,304,700. 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
$1,304,700
$877,298
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 $797,836 and $1,497,275. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$361,552 for 1,221 sqft more living space. Net adjustment: +$361,552.
Adjusted +$141,245 for 477 sqft more living space and +$2,658 for being newer and -$47,268 for no pool. Net adjustment: +$96,635.
Adjusted +$458,380 for 1,548 sqft more living space. Net adjustment: +$458,380.
Adjusted +$475,851 for 1,607 sqft more living space and +$1,595 for being newer. Net adjustment: +$477,446.
Adjusted +$290,781 for 982 sqft more living space and +$1,063 for being newer. Net adjustment: +$291,844.
The Neighborhood
This home is valued 71.4% 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
outlier highThis home is +71.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $13,440 across all districts. With a homestead exemption claimed, that drops to $11,852 — saving $1,588 per year. That's $988 per month a buyer should budget. The assessed value increased +46.4% vs the subdivision average of -8.6%. This above-average increase gives a protest opportunity score of 100 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Florence ISD | School | 1.0182% | $8,933 |
| Williamson County | County | 0.3694% | $3,241 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $877 |
| Williamson County FM/Rd | County | 0.0443% | $389 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $13,440 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,304,700 would pay approximately $8,144 per month (principal and interest only, excluding taxes and insurance).