1601 CR 228, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $181,859 and $2,361,303, with a best estimate of $314,077. 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
$314,077
$327,916
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 $181,859 and $2,361,303. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$79,358 for 268 sqft less living space and -$7,444 for being older. Net adjustment: -$86,802.
Adjusted +$144,502 for 488 sqft more living space and -$2,127 for being older. Net adjustment: +$142,375.
Adjusted +$136,803 for 462 sqft more living space and +$12,761 for being newer. Net adjustment: +$149,564.
Adjusted -$219,122 for 740 sqft less living space and -$9,570 for being older. Net adjustment: -$228,692.
Adjusted +$45,601 for 154 sqft more living space and -$14,887 for being older. Net adjustment: +$30,714.
The Neighborhood
This home is valued 35.9% 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
below averageThis home is -35.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,844 across all districts. With a homestead exemption claimed, that drops to $3,360 — saving $1,484 per year. That's $280 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% | $3,220 |
| Williamson County | County | 0.3694% | $1,168 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $316 |
| Williamson County FM/Rd | County | 0.0443% | $140 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $4,844 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $314,077 would pay approximately $1,960 per month (principal and interest only, excluding taxes and insurance).