2501 CR 228, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $-3,767 and $1,592,325, with a best estimate of $387,308. 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
$387,308
$358,157
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 $-3,767 and $1,592,325. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$177,371 for 599 sqft less living space and -$7,975 for being older. Net adjustment: -$185,346.
Adjusted -$421,070 for 1,422 sqft less living space and -$532 for being older. Net adjustment: -$421,602.
Adjusted -$421,070 for 1,422 sqft less living space and -$532 for being older. Net adjustment: -$421,602.
Adjusted +$4,738 for 16 sqft more living space and -$19,672 for being older. Net adjustment: -$14,934.
Adjusted -$21,912 for 74 sqft less living space and -$2,658 for being older. Net adjustment: -$24,570.
The Neighborhood
This home is valued 30.0% 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
below averageThis home is -30.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,487 across all districts. With a homestead exemption claimed, that drops to $3,995 — saving $1,492 per year. That's $333 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% | $3,647 |
| Williamson County | County | 0.3694% | $1,323 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $358 |
| Williamson County FM/Rd | County | 0.0443% | $159 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $5,487 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $387,308 would pay approximately $2,418 per month (principal and interest only, excluding taxes and insurance).