945 CR 229, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $526,997 and $1,486,162, with a best estimate of $1,099,993. 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
$1,099,993
$1,460,068
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 $526,997 and $1,486,162. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$227,413 for 768 sqft less living space and -$532 for being older. Net adjustment: -$227,945.
Adjusted +$242,219 for 818 sqft more living space and +$11,697 for being newer. Net adjustment: +$253,916.
Adjusted +$283,675 for 958 sqft more living space and +$10,102 for being newer. Net adjustment: +$293,777.
Adjusted +$562,907 for 1,901 sqft more living space and +$1,063 for being newer. Net adjustment: +$563,970.
Adjusted +$467,856 for 1,580 sqft more living space and +$5,849 for being newer. Net adjustment: +$473,705.
The Neighborhood
This home is valued 185.3% 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 +185.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $13,631 across all districts. With a homestead exemption claimed, that drops to $12,041 — saving $1,590 per year. That's $1,003 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% | $9,059 |
| Williamson County | County | 0.3694% | $3,287 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $890 |
| Williamson County FM/Rd | County | 0.0443% | $394 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $13,631 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,099,993 would pay approximately $6,866 per month (principal and interest only, excluding taxes and insurance).