975 CR 224, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $323,017 and $1,118,784, with a best estimate of $556,803. 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
$556,803
$1,377,549
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 $323,017 and $1,118,784. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$14,213 for 48 sqft less living space and -$1,063 for being older. Net adjustment: -$15,276.
Adjusted -$42,048 for 142 sqft less living space and +$9,570 for being newer. Net adjustment: -$32,478.
Adjusted -$68,106 for 230 sqft less living space and -$4,254 for being older. Net adjustment: -$72,360.
Adjusted +$20,432 for 69 sqft more living space and -$7,975 for being older. Net adjustment: +$12,457.
Adjusted -$131,177 for 443 sqft less living space and -$2,127 for being older. Net adjustment: -$133,304.
The Neighborhood
This home is valued 169.2% 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 +169.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,132 across all districts. With a homestead exemption claimed, that drops to $5,620 — saving $1,512 per year. That's $468 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% | $4,740 |
| Williamson County | County | 0.3694% | $1,720 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $466 |
| Williamson County FM/Rd | County | 0.0443% | $206 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $7,132 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $556,803 would pay approximately $3,476 per month (principal and interest only, excluding taxes and insurance).