351 CR 241, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $667,339 and $1,541,673, with a best estimate of $1,169,709. 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
$1,169,709
$747,099
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 $667,339 and $1,541,673. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$128,808 for 435 sqft less living space and +$2,127 for being newer. Net adjustment: -$126,681.
Adjusted +$369,547 for 1,248 sqft more living space and -$7,975 for being older. Net adjustment: +$361,572.
Adjusted +$411,298 for 1,389 sqft more living space and +$6,380 for being newer. Net adjustment: +$417,678.
Adjusted +$485,918 for 1,641 sqft more living space and -$6,380 for being older. Net adjustment: +$479,538.
Adjusted +$636,935 for 2,151 sqft more living space and -$7,444 for being older. Net adjustment: +$629,491.
The Neighborhood
This home is valued 46.0% 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 +46.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,445 across all districts. With a homestead exemption claimed, that drops to $9,882 — saving $1,563 per year. That's $824 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% | $7,607 |
| Williamson County | County | 0.3694% | $2,760 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $747 |
| Williamson County FM/Rd | County | 0.0443% | $331 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $11,445 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,169,709 would pay approximately $7,301 per month (principal and interest only, excluding taxes and insurance).