550 CR 229, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $60,663 and $666,197, with a best estimate of $322,216. That places the property above the AM30DDXI - MH- SFL/SJA median of $229,079, in a neighborhood that appreciated 26.8% over the past year.
Estimated Value Range
$322,216
$502,926
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 $60,663 and $666,197. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$68,958 for 552 sqft more living space and +$13,709 for being newer. Net adjustment: +$82,667.
Adjusted -$44,973 for 360 sqft less living space. Net adjustment: -$44,973.
Adjusted +$43,973 for 352 sqft more living space and -$10,967 for being older. Net adjustment: +$33,006.
Adjusted +$87,947 for 704 sqft more living space and +$5,484 for being newer. Net adjustment: +$93,431.
Adjusted -$13,367 for 107 sqft less living space and +$24,676 for being newer. Net adjustment: +$11,309.
The Neighborhood
This home is valued 119.5% above the AM30DDXI - MH- SFL/SJA median of $229,079. With 860 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 26.8% over the past year.
AM30DDXI - MH- SFL/SJA
outlier highThis home is +119.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,215 across all districts. With a homestead exemption claimed, that drops to $5,702 — saving $1,513 per year. That's $475 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% | $4,795 |
| Williamson County | County | 0.3694% | $1,740 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $471 |
| Williamson County FM/Rd | County | 0.0443% | $209 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $7,215 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $322,216 would pay approximately $2,011 per month (principal and interest only, excluding taxes and insurance).