5890 CR 245, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $553,656 and $1,233,623, with a best estimate of $1,071,203. 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
$1,071,203
$1,665,788
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 $553,656 and $1,233,623. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$131,177 for 443 sqft more living space and -$2,127 for being older. Net adjustment: +$129,050.
Adjusted +$228,006 for 770 sqft more living space and -$2,127 for being older. Net adjustment: +$225,879.
Adjusted +$102,454 for 346 sqft more living space and +$10,102 for being newer. Net adjustment: +$112,556.
Adjusted +$60,407 for 204 sqft more living space and -$1,063 for being older. Net adjustment: +$59,344.
Adjusted -$89,129 for 301 sqft less living space and +$532 for being newer and -$47,268 for no pool. Net adjustment: -$135,865.
The Neighborhood
This home is valued 225.5% 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 +225.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $18,084 across all districts. With a homestead exemption claimed, that drops to $16,441 — saving $1,643 per year. That's $1,370 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% | $12,019 |
| Williamson County | County | 0.3694% | $4,361 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $1,180 |
| Williamson County FM/Rd | County | 0.0443% | $523 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $18,084 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,071,203 would pay approximately $6,686 per month (principal and interest only, excluding taxes and insurance).