971 CR 224, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $87,251 and $596,187, with a best estimate of $411,235. That places the property below the F001D30F - FLORENCE / BURNET ISD RURAL median of $511,796, in a neighborhood that declined 8.6% over the past year.
Estimated Value Range
$411,235
$200,329
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 $87,251 and $596,187. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$67,217 for 227 sqft less living space and -$5,317 for being older. Net adjustment: -$72,534.
Adjusted -$250,510 for 846 sqft less living space and -$532 for being older. Net adjustment: -$251,042.
Adjusted -$93,275 for 315 sqft less living space and -$9,570 for being older. Net adjustment: -$102,845.
Adjusted -$171,744 for 580 sqft less living space and -$4,785 for being older. Net adjustment: -$176,529.
Adjusted +$4,146 for 14 sqft more living space and -$8,507 for being older. Net adjustment: -$4,361.
The Neighborhood
This home is valued 60.9% 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
outlier lowThis home is -60.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,069 across all districts. With a homestead exemption claimed, that drops to $1,607 — saving $1,462 per year. That's $134 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% | $2,040 |
| Williamson County | County | 0.3694% | $740 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $200 |
| Williamson County FM/Rd | County | 0.0443% | $89 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $3,069 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $411,235 would pay approximately $2,567 per month (principal and interest only, excluding taxes and insurance).