740 COUNTY ROAD 231, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $98,447 and $811,195, with a best estimate of $501,063. 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
$501,063
$294,620
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 $98,447 and $811,195. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$49,451 for 167 sqft less living space and +$532 for being newer. Net adjustment: -$48,919.
Adjusted -$96,828 for 327 sqft less living space and -$1,063 for being older. Net adjustment: -$97,891.
Adjusted -$7,107 for 24 sqft less living space and -$10,634 for being older. Net adjustment: -$17,741.
Adjusted +$6,218 for 21 sqft more living space. Net adjustment: +$6,218.
Adjusted -$100,678 for 340 sqft less living space and -$3,722 for being older. Net adjustment: -$104,400.
The Neighborhood
This home is valued 42.4% 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 -42.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,514 across all districts. With a homestead exemption claimed, that drops to $3,034 — saving $1,480 per year. That's $253 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% | $3,000 |
| Williamson County | County | 0.3694% | $1,088 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $295 |
| Williamson County FM/Rd | County | 0.0443% | $131 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $4,514 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $501,063 would pay approximately $3,128 per month (principal and interest only, excluding taxes and insurance).