116 SULLIVAN ST, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $122,030 and $185,719, with a best estimate of $127,931. That places the property below the F301D30I - FLORENCE ISD CITY median of $190,830, in a neighborhood that declined 2.7% over the past year.
Estimated Value Range
$127,931
$145,594
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in F301D30I - FLORENCE ISD CITY, this home's estimated market value is between $122,030 and $185,719. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$33,188 for 248 sqft more living space and -$3,182 for being older. Net adjustment: +$30,006.
Adjusted -$29,976 for 224 sqft less living space and +$8,485 for being newer and -$29,356 for no garage. Net adjustment: -$50,847.
Adjusted +$1,874 for 14 sqft more living space and -$7,424 for being older. Net adjustment: -$5,550.
Adjusted -$51,656 for 386 sqft less living space and +$8,485 for being newer and -$29,356 for no garage. Net adjustment: -$72,527.
Adjusted -$12,312 for 92 sqft less living space and +$26,516 for being newer and -$29,356 for no garage. Net adjustment: -$15,152.
The Neighborhood
This home is valued 23.7% below the F301D30I - FLORENCE ISD CITY median of $190,830. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 2.7% over the past year.
F301D30I - FLORENCE ISD CITY
below averageThis home is -23.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,079 across all districts. With a homestead exemption claimed, that drops to $1,626 — saving $1,453 per year. That's $136 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% | $1,482 |
| Florence | City | 0.5826% | $848 |
| Williamson County | County | 0.3694% | $538 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $146 |
| Williamson County FM/Rd | County | 0.0443% | $65 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1145% | $3,079 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $127,931 would pay approximately $799 per month (principal and interest only, excluding taxes and insurance).