111 CR 231, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $403,764 and $1,345,084, with a best estimate of $662,729. 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
$662,729
$801,740
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 $403,764 and $1,345,084. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$55,077 for 186 sqft less living space and -$5,317 for being older and -$47,268 for no pool. Net adjustment: -$107,662.
Adjusted -$31,980 for 108 sqft less living space and +$5,317 for being newer. Net adjustment: -$26,663.
Adjusted +$7,995 for 27 sqft more living space and +$2,658 for being newer. Net adjustment: +$10,653.
Adjusted +$44,121 for 149 sqft more living space and +$2,127 for being newer. Net adjustment: +$46,248.
Adjusted +$18,951 for 64 sqft more living space and +$6,912 for being newer. Net adjustment: +$25,863.
The Neighborhood
This home is valued 56.7% 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 +56.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,282 across all districts. With a homestead exemption claimed, that drops to $10,709 — saving $1,573 per year. That's $892 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% | $8,163 |
| Williamson County | County | 0.3694% | $2,962 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $802 |
| Williamson County FM/Rd | County | 0.0443% | $355 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $12,282 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $662,729 would pay approximately $4,137 per month (principal and interest only, excluding taxes and insurance).