1921 CR 221, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $-105,795 and $471,714, with a best estimate of $289,962. 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
$289,962
$110,105
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 $-105,795 and $471,714. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$7,699 for 26 sqft less living space and -$10,102 for being older. Net adjustment: -$17,801.
Adjusted -$390,275 for 1,318 sqft less living space and -$1,595 for being older. Net adjustment: -$391,870.
Adjusted -$262,947 for 888 sqft less living space and -$4,254 for being older. Net adjustment: -$267,201.
Adjusted -$148,648 for 502 sqft less living space and +$12,761 for being newer. Net adjustment: -$135,887.
Adjusted +$5,330 for 18 sqft more living space and -$19,672 for being older. Net adjustment: -$14,342.
The Neighborhood
This home is valued 78.5% 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 -78.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $1,687 across all districts. With a homestead exemption claimed, that drops to $545 — saving $1,142 per year. That's $45 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% | $1,121 |
| Williamson County | County | 0.3694% | $407 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $110 |
| Williamson County FM/Rd | County | 0.0443% | $49 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $1,687 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $289,962 would pay approximately $1,810 per month (principal and interest only, excluding taxes and insurance).