5616 CR 245, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $527,475 and $720,050, with a best estimate of $582,893. That places the property above the F001D30F - FLORENCE / BURNET ISD RURAL median of $511,796, in a neighborhood that declined 8.6% over the past year.
Estimated Value Range
$582,893
$814,792
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 $527,475 and $720,050. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$88,833 for 300 sqft more living space and +$7,444 for being newer. Net adjustment: +$96,277.
Adjusted -$149,832 for 506 sqft less living space and +$4,785 for being newer. Net adjustment: -$145,047.
Adjusted -$298,184 for 1,007 sqft less living space and -$1,595 for being older. Net adjustment: -$299,779.
Adjusted -$632,790 for 2,137 sqft less living space and -$532 for being older and -$47,268 for no pool. Net adjustment: -$680,590.
Adjusted -$94,756 for 320 sqft less living space and -$1,595 for being older. Net adjustment: -$96,351.
The Neighborhood
This home is valued 59.2% above the F001D30F - FLORENCE / BURNET ISD RURAL median of $511,796. With 2,087 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.6% over the past year.
F001D30F - FLORENCE / BURNET ISD RURAL
outlier highThis home is +59.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,130 across all districts. With a homestead exemption claimed, that drops to $3,643 — saving $1,487 per year. That's $304 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% | $3,409 |
| Williamson County | County | 0.3694% | $1,237 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $335 |
| Williamson County FM/Rd | County | 0.0443% | $148 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $5,130 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $582,893 would pay approximately $3,638 per month (principal and interest only, excluding taxes and insurance).