2481 CR 224, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $214,515 and $925,631, with a best estimate of $679,827. 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
$679,827
$630,709
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 $214,515 and $925,631. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$84,096 for 284 sqft less living space and -$10,102 for being older. Net adjustment: -$94,198.
Adjusted -$203,724 for 688 sqft less living space and -$1,063 for being older. Net adjustment: -$204,787.
Adjusted +$64,256 for 217 sqft more living space and -$3,722 for being older. Net adjustment: +$60,534.
Adjusted +$57,742 for 195 sqft more living space and -$1,595 for being older. Net adjustment: +$56,147.
Adjusted -$227,117 for 767 sqft less living space and +$532 for being newer. Net adjustment: -$226,585.
The Neighborhood
This home is valued 23.2% 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
above averageThis home is +23.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,662 across all districts. With a homestead exemption claimed, that drops to $8,120 — saving $1,542 per year. That's $677 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% | $6,422 |
| Williamson County | County | 0.3694% | $2,330 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $631 |
| Williamson County FM/Rd | County | 0.0443% | $280 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $9,662 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $679,827 would pay approximately $4,243 per month (principal and interest only, excluding taxes and insurance).