974 COUNTY ROAD 223, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $150,421 and $995,752, with a best estimate of $523,966. 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
$523,966
$603,023
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 $150,421 and $995,752. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$8,291 for 28 sqft more living space and +$1,595 for being newer. Net adjustment: +$9,886.
Adjusted -$7,995 for 27 sqft less living space and +$2,658 for being newer. Net adjustment: -$5,337.
Adjusted -$70,178 for 237 sqft less living space and +$6,380 for being newer. Net adjustment: -$63,798.
Adjusted -$202,836 for 685 sqft less living space and +$7,444 for being newer. Net adjustment: -$195,392.
Adjusted +$27,538 for 93 sqft more living space and -$1,063 for being older. Net adjustment: +$26,475.
The Neighborhood
This home is valued 17.8% 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 +17.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,238 across all districts. With a homestead exemption claimed, that drops to $7,701 — saving $1,537 per year. That's $642 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% | $6,140 |
| Williamson County | County | 0.3694% | $2,228 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $603 |
| Williamson County FM/Rd | County | 0.0443% | $267 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $9,238 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $523,966 would pay approximately $3,271 per month (principal and interest only, excluding taxes and insurance).