CR 224, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $301,347 and $877,355, with a best estimate of $634,074. 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
$634,074
$673,396
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $301,347 and $877,355. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$82,615 for 279 sqft less living space and -$10,102 for being older. Net adjustment: -$92,717.
Adjusted -$11,548 for 39 sqft less living space and -$3,722 for being older. Net adjustment: -$15,270.
Adjusted +$49,747 for 168 sqft more living space and +$1,063 for being newer. Net adjustment: +$50,810.
Adjusted +$279,825 for 945 sqft more living space and +$11,165 for being newer. Net adjustment: +$290,990.
Adjusted +$213,200 for 720 sqft more living space and -$10,634 for being older. Net adjustment: +$202,566.
The Neighborhood
This home is valued 31.6% 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
above averageThis home is +31.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $0 across all districts. That's $0 per month. 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 |
|---|---|---|---|
| Road District (REF) | Road | 0.0000% | $0 |
| Total Annual Tax | 0.0000% | $0 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $634,074 would pay approximately $3,958 per month (principal and interest only, excluding taxes and insurance).