1765 CR 223, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $107,184 and $594,871, with a best estimate of $482,377. 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
$482,377
$389,774
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $107,184 and $594,871. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$8,291 for 28 sqft less living space and +$4,254 for being newer. Net adjustment: -$4,037.
Adjusted -$151,017 for 510 sqft less living space and -$532 for being older. Net adjustment: -$151,549.
Adjusted -$418,997 for 1,415 sqft less living space and +$2,127 for being newer. Net adjustment: -$416,870.
Adjusted +$72,251 for 244 sqft more living space and +$12,229 for being newer. Net adjustment: +$84,480.
Adjusted +$85,280 for 288 sqft more living space and +$2,658 for being newer. Net adjustment: +$87,938.
The Neighborhood
This home is valued 23.8% 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 -23.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,971 across all districts. With a homestead exemption claimed, that drops to $4,474 — saving $1,497 per year. That's $373 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% | $3,969 |
| Williamson County | County | 0.3694% | $1,440 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $390 |
| Williamson County FM/Rd | County | 0.0443% | $173 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $5,971 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $482,377 would pay approximately $3,011 per month (principal and interest only, excluding taxes and insurance).