500 CR 246, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $-394,078 and $2,922,638, with a best estimate of $-261,749. That places the property below the G105M50E - Georgetown I.S.D. Abstracts median of $759,689, in a neighborhood that appreciated 5.5% over the past year.
Estimated Value Range
$-261,749
$514,259
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in G105M50E - Georgetown I.S.D. Abstracts. The estimated range of $-394,078 and $2,922,638 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$122,889 for 353 sqft less living space and -$82,559 for being older. Net adjustment: -$205,448.
Adjusted -$156,310 for 449 sqft less living space and -$88,456 for being older. Net adjustment: -$244,766.
Adjusted -$199,478 for 573 sqft less living space and -$117,941 for being older. Net adjustment: -$317,419.
Adjusted -$664,577 for 1,909 sqft less living space. Net adjustment: -$664,577.
Adjusted -$267,711 for 769 sqft less living space and -$106,147 for being older. Net adjustment: -$373,858.
The Neighborhood
This home is valued 32.3% below the G105M50E - Georgetown I.S.D. Abstracts median of $759,689. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 5.5% over the past year.
G105M50E - Georgetown I.S.D. Abstracts
below averageThis home is -32.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,045 across all districts. With a homestead exemption claimed, that drops to $6,479 — saving $1,566 per year. That's $540 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 |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $5,403 |
| Williamson County | County | 0.3694% | $1,900 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $514 |
| Williamson County FM/Rd | County | 0.0443% | $228 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5644% | $8,045 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $-261,749 would pay approximately $-1,634 per month (principal and interest only, excluding taxes and insurance).