1950 CR 221, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $153,981 and $865,097, with a best estimate of $619,291. 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
$619,291
$746,420
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 $153,981 and $865,097. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$148,352 for 501 sqft less living space and -$6,380 for being older. Net adjustment: -$154,732.
Adjusted -$267,981 for 905 sqft less living space and +$2,658 for being newer. Net adjustment: -$265,323.
Adjusted -$6,514 for 22 sqft less living space and +$2,127 for being newer. Net adjustment: -$4,387.
Adjusted -$165,822 for 560 sqft less living space and -$7,975 for being older. Net adjustment: -$173,797.
Adjusted -$291,373 for 984 sqft less living space and +$4,254 for being newer. Net adjustment: -$287,119.
The Neighborhood
This home is valued 45.8% 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
above averageThis home is +45.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $3,835 across all districts. With a homestead exemption claimed, that drops to $3,697 — saving $138 per year. That's $308 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 |
|---|---|---|---|
| Williamson County | County | 0.3694% | $2,758 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $746 |
| Williamson County FM/Rd | County | 0.0443% | $331 |
| Burnet CISD | School | 0.0000% | $0 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 0.5138% | $3,835 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $619,291 would pay approximately $3,866 per month (principal and interest only, excluding taxes and insurance).