501 CR 221, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $519,087 and $1,177,713, with a best estimate of $580,001. 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
$580,001
$130,702
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 $519,087 and $1,177,713. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$165,230 for 558 sqft more living space and -$18,609 for being older. Net adjustment: +$146,621.
Adjusted +$315,655 for 1,066 sqft more living space and -$14,887 for being older. Net adjustment: +$300,768.
Adjusted +$412,779 for 1,394 sqft more living space and +$2,127 for being newer. Net adjustment: +$414,906.
Adjusted +$153,978 for 520 sqft more living space and -$25,521 for being older. Net adjustment: +$128,457.
Adjusted +$193,657 for 654 sqft more living space and -$18,609 for being older. Net adjustment: +$175,048.
The Neighborhood
This home is valued 74.5% 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
outlier lowThis home is -74.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,002 across all districts. With a homestead exemption claimed, that drops to $647 — saving $1,355 per year. That's $54 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% | $1,331 |
| Williamson County | County | 0.3694% | $483 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $131 |
| Williamson County FM/Rd | County | 0.0443% | $58 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $2,002 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $580,001 would pay approximately $3,620 per month (principal and interest only, excluding taxes and insurance).