2123 CR 223, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $-30,557 and $360,921, with a best estimate of $168,347. 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
$168,347
$247,965
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 $-30,557 and $360,921. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$86,464 for 292 sqft less living space and -$1,595 for being older. Net adjustment: -$88,059.
Adjusted -$272,422 for 920 sqft less living space and +$9,570 for being newer. Net adjustment: -$262,852.
Adjusted -$994,045 for 3,357 sqft less living space and +$1,595 for being newer and -$47,268 for no pool. Net adjustment: -$1,039,718.
Adjusted -$171,744 for 580 sqft less living space and +$532 for being newer. Net adjustment: -$171,212.
Adjusted -$659,440 for 2,227 sqft less living space and +$532 for being newer. Net adjustment: -$658,908.
The Neighborhood
This home is valued 51.6% 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
outlier lowThis home is -51.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,799 across all districts. With a homestead exemption claimed, that drops to $2,327 — saving $1,472 per year. That's $194 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% | $2,525 |
| Williamson County | County | 0.3694% | $916 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $248 |
| Williamson County FM/Rd | County | 0.0443% | $110 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $3,799 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $168,347 would pay approximately $1,051 per month (principal and interest only, excluding taxes and insurance).