949 CR 224, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $432,798 and $867,635, with a best estimate of $674,063. 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
$674,063
$363,446
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 $432,798 and $867,635. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$149,536 for 505 sqft less living space and -$2,658 for being older. Net adjustment: -$152,194.
Adjusted -$167,007 for 564 sqft less living space and -$4,254 for being older. Net adjustment: -$171,261.
Adjusted -$1,184 for 4 sqft less living space and +$3,722 for being newer. Net adjustment: +$2,538.
Adjusted -$269,165 for 909 sqft less living space and +$6,380 for being newer. Net adjustment: -$262,785.
Adjusted -$7,699 for 26 sqft less living space and +$5,849 for being newer. Net adjustment: -$1,850.
The Neighborhood
This home is valued 29.0% below the F001D30F - FLORENCE / BURNET ISD RURAL median of $511,796. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.6% over the past year.
F001D30F - FLORENCE / BURNET ISD RURAL
below averageThis home is -29.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,568 across all districts. With a homestead exemption claimed, that drops to $4,075 — saving $1,493 per year. That's $340 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% | $3,701 |
| Williamson County | County | 0.3694% | $1,343 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $363 |
| Williamson County FM/Rd | County | 0.0443% | $161 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $5,568 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $674,063 would pay approximately $4,207 per month (principal and interest only, excluding taxes and insurance).