1950 CR 251, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $160,111 and $1,489,104, with a best estimate of $489,429. 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
$489,429
$396,159
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in F001D30F - FLORENCE / BURNET ISD RURAL. The estimated range of $160,111 and $1,489,104 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$126,143 for 426 sqft more living space and -$1,595 for being older. Net adjustment: +$124,548.
Adjusted -$60,999 for 206 sqft less living space and -$532 for being older. Net adjustment: -$61,531.
Adjusted +$29,019 for 98 sqft more living space and +$1,063 for being newer. Net adjustment: +$30,082.
Adjusted +$35,237 for 119 sqft more living space and -$8,507 for being older. Net adjustment: +$26,730.
Adjusted -$141,541 for 478 sqft less living space and +$532 for being newer. Net adjustment: -$141,009.
The Neighborhood
This home is valued 22.6% 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 -22.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,069 across all districts. With a homestead exemption claimed, that drops to $4,570 — saving $1,499 per year. That's $381 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% | $4,034 |
| Williamson County | County | 0.3694% | $1,464 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $396 |
| Williamson County FM/Rd | County | 0.0443% | $176 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $6,069 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $489,429 would pay approximately $3,055 per month (principal and interest only, excluding taxes and insurance).