451 CR 240, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $821,428 and $4,031,736, with a best estimate of $1,332,492. 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
$1,332,492
$3,185,304
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in F001D30F - FLORENCE / BURNET ISD RURAL, this home's estimated market value is between $821,428 and $4,031,736. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$49,451 for 167 sqft more living space and -$12,229 for being older. Net adjustment: +$37,222.
Adjusted +$295,223 for 997 sqft more living space and -$5,849 for being older. Net adjustment: +$289,374.
Adjusted -$34,349 for 116 sqft less living space and -$11,165 for being older. Net adjustment: -$45,514.
Adjusted +$479,700 for 1,620 sqft more living space and -$5,317 for being older. Net adjustment: +$474,383.
Adjusted +$452,458 for 1,528 sqft more living space and -$532 for being older. Net adjustment: +$451,926.
The Neighborhood
This home is valued 522.4% 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 +522.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $48,798 across all districts. With a homestead exemption claimed, that drops to $46,784 — saving $2,014 per year. That's $3,899 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% | $32,433 |
| Williamson County | County | 0.3694% | $11,768 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $3,185 |
| Williamson County FM/Rd | County | 0.0443% | $1,412 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $48,798 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,332,492 would pay approximately $8,317 per month (principal and interest only, excluding taxes and insurance).