320 CR 221, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $16,601 and $614,986, with a best estimate of $412,357. 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
$412,357
$338,005
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in F001D30F - FLORENCE / BURNET ISD RURAL, this home's estimated market value is between $16,601 and $614,986. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$147,463 for 498 sqft less living space and +$2,658 for being newer. Net adjustment: -$144,805.
Adjusted +$107,784 for 364 sqft more living space and -$3,190 for being older. Net adjustment: +$104,594.
Adjusted -$274,791 for 928 sqft less living space and +$5,317 for being newer. Net adjustment: -$269,474.
Adjusted -$33,164 for 112 sqft less living space and +$19,672 for being newer. Net adjustment: -$13,492.
Adjusted -$115,483 for 390 sqft less living space and -$15,951 for being older. Net adjustment: -$131,434.
The Neighborhood
This home is valued 34.0% 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 -34.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,178 across all districts. With a homestead exemption claimed, that drops to $3,690 — saving $1,488 per year. That's $308 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% | $3,442 |
| Williamson County | County | 0.3694% | $1,249 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $338 |
| Williamson County FM/Rd | County | 0.0443% | $150 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $5,178 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $412,357 would pay approximately $2,574 per month (principal and interest only, excluding taxes and insurance).