1501 CR 228, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $-18,675 and $628,478, with a best estimate of $186,169. 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
$186,169
$425,849
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 $-18,675 and $628,478. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$185,366 for 626 sqft less living space and +$5,849 for being newer. Net adjustment: -$179,517.
Adjusted -$114,299 for 386 sqft less living space and -$17,014 for being older. Net adjustment: -$131,313.
Adjusted -$241,627 for 816 sqft less living space and -$14,356 for being older. Net adjustment: -$255,983.
Adjusted -$82,319 for 278 sqft less living space and -$35,623 for being older. Net adjustment: -$117,942.
Adjusted +$2,665 for 9 sqft more living space and -$30,838 for being older. Net adjustment: -$28,173.
The Neighborhood
This home is valued 16.8% 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 -16.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,524 across all districts. With a homestead exemption claimed, that drops to $5,020 — saving $1,504 per year. That's $418 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% | $4,336 |
| Williamson County | County | 0.3694% | $1,573 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $426 |
| Williamson County FM/Rd | County | 0.0443% | $189 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $6,524 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $186,169 would pay approximately $1,162 per month (principal and interest only, excluding taxes and insurance).