550 CR 215, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $119,405 and $665,277, with a best estimate of $320,486. 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
$320,486
$82,555
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 $119,405 and $665,277. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$44,121 for 149 sqft less living space and -$64,334 for being older. Net adjustment: -$108,455.
Adjusted +$66,625 for 225 sqft more living space and -$55,296 for being older. Net adjustment: +$11,329.
Adjusted -$81,431 for 275 sqft less living space and -$53,701 for being older. Net adjustment: -$135,132.
Adjusted -$17,471 for 59 sqft less living space and -$36,687 for being older. Net adjustment: -$54,158.
Adjusted -$99,197 for 335 sqft less living space and -$49,979 for being older. Net adjustment: -$149,176.
The Neighborhood
This home is valued 83.9% 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 -83.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $1,265 across all districts. With a homestead exemption claimed, that drops to $406 — saving $859 per year. That's $34 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% | $841 |
| Williamson County | County | 0.3694% | $305 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $83 |
| Williamson County FM/Rd | County | 0.0443% | $37 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $1,265 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $320,486 would pay approximately $2,000 per month (principal and interest only, excluding taxes and insurance).