2873 CR 232, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $666,804 and $2,507,100, with a best estimate of $1,129,727. 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
$1,129,727
$1,219,703
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 $666,804 and $2,507,100. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$438,837 for 1,482 sqft more living space and +$4,254 for being newer. Net adjustment: +$443,091.
Adjusted +$193,657 for 654 sqft more living space and +$10,102 for being newer. Net adjustment: +$203,759.
Adjusted +$294,038 for 993 sqft more living space and +$12,229 for being newer. Net adjustment: +$306,267.
Adjusted +$509,015 for 1,719 sqft more living space and -$532 for being older. Net adjustment: +$508,483.
Adjusted +$643,154 for 2,172 sqft more living space and +$3,722 for being newer. Net adjustment: +$646,876.
The Neighborhood
This home is valued 138.3% above the F001D30F - FLORENCE / BURNET ISD RURAL median of $511,796. With 2,087 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.6% over the past year.
F001D30F - FLORENCE / BURNET ISD RURAL
outlier highThis home is +138.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,530 across all districts. With a homestead exemption claimed, that drops to $10,953 — saving $1,577 per year. That's $913 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% | $8,328 |
| Williamson County | County | 0.3694% | $3,022 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $818 |
| Williamson County FM/Rd | County | 0.0443% | $363 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $12,530 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,129,727 would pay approximately $7,052 per month (principal and interest only, excluding taxes and insurance).