2301 CR 223, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $-17,413 and $2,013,927, with a best estimate of $778,564. 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
$778,564
$417,835
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 $-17,413 and $2,013,927. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
This comparable closely matches the subject property's features.
Adjusted +$44,417 for 150 sqft more living space and +$532 for being newer. Net adjustment: +$44,949.
Adjusted -$23,393 for 79 sqft less living space and -$2,658 for being older. Net adjustment: -$26,051.
Adjusted +$243,700 for 823 sqft more living space and -$7,444 for being older. Net adjustment: +$236,256.
Adjusted -$360,071 for 1,216 sqft less living space. Net adjustment: -$360,071.
The Neighborhood
This home is valued 18.4% 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 -18.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,401 across all districts. With a homestead exemption claimed, that drops to $4,898 — saving $1,503 per year. That's $408 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% | $4,254 |
| Williamson County | County | 0.3694% | $1,544 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $418 |
| Williamson County FM/Rd | County | 0.0443% | $185 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $6,401 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $778,564 would pay approximately $4,860 per month (principal and interest only, excluding taxes and insurance).