501 CR 229, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $251,197 and $810,359, with a best estimate of $362,084. 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
$362,084
$1,002,665
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 $251,197 and $810,359. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$28,427 for 96 sqft less living space. Net adjustment: -$28,427.
Adjusted +$121,998 for 412 sqft more living space and +$3,722 for being newer. Net adjustment: +$125,720.
Adjusted -$39,679 for 134 sqft less living space and -$6,912 for being older. Net adjustment: -$46,591.
Adjusted +$20,136 for 68 sqft more living space and -$5,317 for being older. Net adjustment: +$14,819.
Adjusted +$112,522 for 380 sqft more living space and -$19,141 for being older. Net adjustment: +$93,381.
The Neighborhood
This home is valued 95.9% 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
outlier highThis home is +95.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,361 across all districts. With a homestead exemption claimed, that drops to $13,750 — saving $1,611 per year. That's $1,146 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% | $10,209 |
| Williamson County | County | 0.3694% | $3,704 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $1,003 |
| Williamson County FM/Rd | County | 0.0443% | $444 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $15,361 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $362,084 would pay approximately $2,260 per month (principal and interest only, excluding taxes and insurance).