1501 CR 223, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $499,222 and $1,168,308, with a best estimate of $974,738. 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
$974,738
$1,037,762
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 $499,222 and $1,168,308. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$152,201 for 514 sqft more living space and -$3,722 for being older. Net adjustment: +$148,479.
Adjusted +$37,902 for 128 sqft more living space and -$5,317 for being older. Net adjustment: +$32,585.
Adjusted +$134,731 for 455 sqft more living space and -$5,317 for being older. Net adjustment: +$129,414.
Adjusted +$32,572 for 110 sqft more living space and +$5,317 for being newer. Net adjustment: +$37,889.
Adjusted -$18,655 for 63 sqft less living space and +$15,419 for being newer. Net adjustment: -$3,236.
The Neighborhood
This home is valued 102.8% 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 +102.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,854 across all districts. With a homestead exemption claimed, that drops to $13,249 — saving $1,605 per year. That's $1,104 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% | $9,872 |
| Williamson County | County | 0.3694% | $3,582 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $970 |
| Williamson County FM/Rd | County | 0.0443% | $430 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $14,854 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $974,738 would pay approximately $6,084 per month (principal and interest only, excluding taxes and insurance).