1541 CR 224, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $73,234 and $485,559, with a best estimate of $393,941. 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
$393,941
$656,037
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in F001D30F - FLORENCE / BURNET ISD RURAL. The estimated range of $73,234 and $485,559 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$10,068 for 34 sqft less living space and +$9,570 for being newer. Net adjustment: -$498.
Adjusted +$17,174 for 58 sqft more living space and +$7,975 for being newer. Net adjustment: +$25,149.
Adjusted -$7,699 for 26 sqft less living space and +$9,039 for being newer. Net adjustment: +$1,340.
Adjusted +$92,979 for 314 sqft more living space. Net adjustment: +$92,979.
Adjusted -$23,097 for 78 sqft less living space and +$19,141 for being newer. Net adjustment: -$3,956.
The Neighborhood
This home is valued 28.2% 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 +28.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $4,566 across all districts. With a homestead exemption claimed, that drops to $3,086 — saving $1,480 per year. That's $257 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% | $3,035 |
| Williamson County | County | 0.3694% | $1,101 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $298 |
| Williamson County FM/Rd | County | 0.0443% | $132 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $4,566 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $393,941 would pay approximately $2,459 per month (principal and interest only, excluding taxes and insurance).