980 CR 224, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $-138,230 and $508,922, with a best estimate of $462,161. 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
$462,161
$4,453,308
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 $-138,230 and $508,922. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$113,707 for 384 sqft less living space and -$5,849 for being older. Net adjustment: -$119,556.
Adjusted -$299,072 for 1,010 sqft less living space. Net adjustment: -$299,072.
Adjusted +$42,640 for 144 sqft more living space and -$38,813 for being older. Net adjustment: +$3,827.
Adjusted +$27,242 for 92 sqft more living space and -$28,711 for being older. Net adjustment: -$1,469.
Adjusted -$196,026 for 662 sqft less living space and -$41,472 for being older. Net adjustment: -$237,498.
The Neighborhood
This home is valued 770.1% 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 +770.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $68,224 across all districts. With a homestead exemption claimed, that drops to $65,976 — saving $2,248 per year. That's $5,498 per month a buyer should budget. The assessed value increased -0.6% vs the subdivision average of -8.6%. This above-average increase gives a protest opportunity score of 40 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Florence ISD | School | 1.0182% | $45,344 |
| Williamson County | County | 0.3694% | $16,453 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $4,453 |
| Williamson County FM/Rd | County | 0.0443% | $1,974 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $68,224 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $462,161 would pay approximately $2,885 per month (principal and interest only, excluding taxes and insurance).