1046 COUNTY ROAD 223, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $357,553 and $1,044,272, with a best estimate of $587,051. 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
$587,051
$613,504
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 $357,553 and $1,044,272. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$142,429 for 481 sqft less living space and -$532 for being older. Net adjustment: -$142,961.
Adjusted +$87,057 for 294 sqft more living space and +$1,063 for being newer. Net adjustment: +$88,120.
Adjusted +$61,591 for 208 sqft more living space and -$1,063 for being older. Net adjustment: +$60,528.
Adjusted +$1,184 for 4 sqft more living space and +$532 for being newer. Net adjustment: +$1,716.
Adjusted +$104,231 for 352 sqft more living space. Net adjustment: +$104,231.
The Neighborhood
This home is valued 19.9% 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 +19.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,399 across all districts. With a homestead exemption claimed, that drops to $7,860 — saving $1,539 per year. That's $655 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% | $6,247 |
| Williamson County | County | 0.3694% | $2,267 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $614 |
| Williamson County FM/Rd | County | 0.0443% | $272 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $9,399 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $587,051 would pay approximately $3,664 per month (principal and interest only, excluding taxes and insurance).