973 CR 224, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $130,851 and $5,782,321, with a best estimate of $330,973. 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
$330,973
$228,599
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 $130,851 and $5,782,321. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$96,532 for 326 sqft less living space. Net adjustment: -$96,532.
Adjusted -$78,173 for 264 sqft less living space and -$2,658 for being older. Net adjustment: -$80,831.
Adjusted -$351,780 for 1,188 sqft less living space and -$47,268 for no pool. Net adjustment: -$399,048.
Adjusted -$45,601 for 154 sqft less living space and -$18,609 for being older. Net adjustment: -$64,210.
Adjusted +$177,667 for 600 sqft more living space and -$1,063 for being older. Net adjustment: +$176,604.
The Neighborhood
This home is valued 55.3% 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 -55.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,502 across all districts. With a homestead exemption claimed, that drops to $2,034 — saving $1,468 per year. That's $170 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% | $2,328 |
| Williamson County | County | 0.3694% | $845 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $229 |
| Williamson County FM/Rd | County | 0.0443% | $101 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $3,502 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $330,973 would pay approximately $2,066 per month (principal and interest only, excluding taxes and insurance).