451 CR 240, FLORENCE, TX 76527

FLORENCE, 76527 — williamson County

3 bed3 bath800 sqftBuilt 1994

Property at a Glance

This home is estimated between $-57,754 and $2,428,444, with a best estimate of $8,794. 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

$-57,754 $2,428,444

Best Estimate
$8,794

WCAD Value
$3,128,086

Medium Confidence

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 $-57,754 and $2,428,444. More comparables in the same subdivision would strengthen this estimate.

Comparable Properties (5)

500 CR 222, FLORENCE, TX 78627

0.21 mi 100% similar

3 bed 896 sqft Built 1995

Raw Value $37,753

Adjusted Value $8,794

Adjusted -$28,427 for 96 sqft less living space and -$532 for being older. Net adjustment: -$28,959.

820 CR 226, FLORENCE, TX 76527

0.30 mi 93% similar Same subdivision

2 bed 2 bath 856 sqft Built 2018

Raw Value $418,702

Adjusted Value $389,359

Adjusted -$16,582 for 56 sqft less living space and -$12,761 for being older. Net adjustment: -$29,343.

2130 CR 224, FLORENCE, TX 76527

0.30 mi 90% similar

3 bed 1,216 sqft Built 1996

Raw Value $66,491

Adjusted Value $-57,754

Adjusted -$123,182 for 416 sqft less living space and -$1,063 for being older. Net adjustment: -$124,245.

500 COUNTY ROAD 222, FLORENCE, TX 76527

0.21 mi 90% similar Same subdivision

3 bed 1,088 sqft Built 2025

Raw Value $80,021

Adjusted Value $-21,741

Adjusted -$85,280 for 288 sqft less living space and -$16,482 for being older. Net adjustment: -$101,762.

451 CR 240, FLORENCE, TX 76527

0.00 mi 88% similar Same subdivision

3 bed 3 bath 3,356 sqft Built 1994

Raw Value $3,185,304

Adjusted Value $2,428,444

Adjusted -$756,860 for 2,556 sqft less living space. Net adjustment: -$756,860.

The Neighborhood

This home is valued 511.2% 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 high

2,087 Properties

$511,796 Median Value

-8.6% YoY Change

2% Have Pool

22% Have Garage

This Home

$3,128,086

Median

$511,796

This home is +511.2% above the subdivision median.

Tax Analysis

The estimated annual property tax is $0 across all districts. That's $0 per month. 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
Road District (REF)	Road	0.0000%	$0
Total Annual Tax		0.0000%	$0

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $8,794 would pay approximately $55 per month (principal and interest only, excluding taxes and insurance).