1740 CR 228, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $-31,850 and $240,951, with a best estimate of $167,055. 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
$167,055
$327,579
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $-31,850 and $240,951. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$269,461 for 910 sqft less living space and +$5,317 for being newer. Net adjustment: -$264,144.
Adjusted -$83,503 for 282 sqft less living space and -$5,849 for being older. Net adjustment: -$89,352.
Adjusted -$508,127 for 1,716 sqft less living space and +$2,658 for being newer. Net adjustment: -$505,469.
Adjusted -$991,084 for 3,347 sqft less living space and -$2,658 for being older and -$47,268 for no pool. Net adjustment: -$1,041,010.
Adjusted -$168,783 for 570 sqft less living space and -$3,722 for being older. Net adjustment: -$172,505.
The Neighborhood
This home is valued 36.0% 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 -36.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,018 across all districts. With a homestead exemption claimed, that drops to $3,532 — saving $1,486 per year. That's $294 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% | $3,335 |
| Williamson County | County | 0.3694% | $1,210 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $328 |
| Williamson County FM/Rd | County | 0.0443% | $145 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $5,018 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $167,055 would pay approximately $1,043 per month (principal and interest only, excluding taxes and insurance).