1001 CR 224, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $419,302 and $1,099,269, with a best estimate of $936,848. 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
$936,848
$884,614
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 $419,302 and $1,099,269. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$5,330 for 18 sqft more living space and -$10,634 for being older. Net adjustment: -$5,304.
Adjusted +$102,158 for 345 sqft more living space and -$10,634 for being older. Net adjustment: +$91,524.
Adjusted +$267,981 for 905 sqft more living space and -$2,658 for being older. Net adjustment: +$265,323.
Adjusted -$51,227 for 173 sqft less living space and +$10,102 for being newer. Net adjustment: -$41,125.
Adjusted -$23,393 for 79 sqft less living space and +$1,595 for being newer. Net adjustment: -$21,798.
The Neighborhood
This home is valued 72.8% 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 +72.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,471 across all districts. With a homestead exemption claimed, that drops to $5,956 — saving $1,515 per year. That's $496 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% | $4,966 |
| Williamson County | County | 0.3694% | $1,802 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $488 |
| Williamson County FM/Rd | County | 0.0443% | $216 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $7,471 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $936,848 would pay approximately $5,848 per month (principal and interest only, excluding taxes and insurance).