1501 CR 229, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $66,530 and $660,678, with a best estimate of $141,970. 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
$141,970
$491,420
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 $66,530 and $660,678. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$107,192 for 362 sqft less living space and +$5,317 for being newer. Net adjustment: -$101,875.
Adjusted -$205,797 for 695 sqft less living space and -$2,127 for being older. Net adjustment: -$207,924.
Adjusted +$21,320 for 72 sqft more living space and -$4,785 for being older. Net adjustment: +$16,535.
Adjusted -$14,213 for 48 sqft less living space and +$6,380 for being newer. Net adjustment: -$7,833.
Adjusted -$163,453 for 552 sqft less living space and -$5,849 for being older. Net adjustment: -$169,302.
The Neighborhood
This home is valued 4.0% 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
typicalThis home is -4.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,528 across all districts. With a homestead exemption claimed, that drops to $6,012 — saving $1,516 per year. That's $501 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% | $5,004 |
| Williamson County | County | 0.3694% | $1,816 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $491 |
| Williamson County FM/Rd | County | 0.0443% | $218 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $7,528 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $141,970 would pay approximately $886 per month (principal and interest only, excluding taxes and insurance).