640 CR 249, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $-4,067 and $3,105,084, with a best estimate of $979,377. That places the property above the G105M50E - Georgetown I.S.D. Abstracts median of $759,689, in a neighborhood that appreciated 5.5% over the past year.
Estimated Value Range
$979,377
$1,080,749
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 $-4,067 and $3,105,084. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$70,670 for 203 sqft less living space and -$29,485 for being older. Net adjustment: -$100,155.
Adjusted -$27,154 for 78 sqft less living space and +$129,736 for being newer. Net adjustment: +$102,582.
Adjusted -$109,312 for 314 sqft less living space and +$17,691 for being newer. Net adjustment: -$91,621.
Adjusted -$475,543 for 1,366 sqft less living space and -$5,897 for being older. Net adjustment: -$481,440.
Adjusted -$158,050 for 454 sqft less living space and +$129,736 for being newer. Net adjustment: -$28,314.
The Neighborhood
This home is valued 42.3% above the G105M50E - Georgetown I.S.D. Abstracts median of $759,689. With 521 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 5.5% over the past year.
G105M50E - Georgetown I.S.D. Abstracts
above averageThis home is +42.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $3,579 across all districts. With a homestead exemption claimed, that drops to $2,066 — saving $1,513 per year. That's $172 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 |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $2,403 |
| Williamson County | County | 0.3694% | $845 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $229 |
| Williamson County FM/Rd | County | 0.0443% | $101 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5644% | $3,579 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $979,377 would pay approximately $6,113 per month (principal and interest only, excluding taxes and insurance).