1551 CR 221, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $2,078,599 and $2,668,095, with a best estimate of $2,663,855. That places the property above the N10IS - Storage Warehouse-florence median of $1,632,920, in a neighborhood that appreciated 5.3% over the past year.
Estimated Value Range
$2,663,855
$2,866,896
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in N10IS - Storage Warehouse-florence. The estimated range of $2,078,599 and $2,668,095 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$1,572,607 for 7,468 sqft more living space. Net adjustment: +$1,572,607.
Adjusted +$1,622,936 for 7,707 sqft more living space and -$60,193 for no garage. Net adjustment: +$1,562,743.
Adjusted +$1,704,219 for 8,093 sqft more living space and -$60,193 for no garage. Net adjustment: +$1,644,026.
Adjusted +$1,691,795 for 8,034 sqft more living space and -$60,193 for no garage. Net adjustment: +$1,631,602.
Adjusted +$1,466,265 for 6,963 sqft more living space and -$6,235 for no pool. Net adjustment: +$1,460,030.
The Neighborhood
This home is valued 75.6% above the N10IS - Storage Warehouse-florence median of $1,632,920. With 23 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 5.3% over the past year.
N10IS - Storage Warehouse-florence
outlier highThis home is +75.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $33,072 across all districts. With a homestead exemption claimed, that drops to $31,248 — saving $1,824 per year. That's $2,604 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% | $21,981 |
| Williamson County | County | 0.3694% | $7,976 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $2,159 |
| Williamson County FM/Rd | County | 0.0443% | $957 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $33,072 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $2,663,855 would pay approximately $16,628 per month (principal and interest only, excluding taxes and insurance).