981 CR 224, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $90,379 and $578,067, with a best estimate of $360,024. 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
$360,024
$427,896
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 $90,379 and $578,067 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$19,247 for 65 sqft less living space and -$1,595 for being older. Net adjustment: -$20,842.
Adjusted +$61,295 for 207 sqft more living space and +$6,380 for being newer. Net adjustment: +$67,675.
Adjusted -$161,973 for 547 sqft less living space and -$6,380 for being older. Net adjustment: -$168,353.
Adjusted -$71,363 for 241 sqft less living space and -$1,595 for being older. Net adjustment: -$72,958.
Adjusted -$76,989 for 260 sqft less living space and -$1,595 for being older. Net adjustment: -$78,584.
The Neighborhood
This home is valued 16.4% 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
below averageThis home is -16.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,555 across all districts. With a homestead exemption claimed, that drops to $5,051 — saving $1,504 per year. That's $421 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% | $4,357 |
| Williamson County | County | 0.3694% | $1,581 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $428 |
| Williamson County FM/Rd | County | 0.0443% | $190 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $6,555 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $360,024 would pay approximately $2,247 per month (principal and interest only, excluding taxes and insurance).