787 CR 231, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $268,582 and $686,536, with a best estimate of $486,960. 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
$486,960
$733,124
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $268,582 and $686,536. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$60,407 for 204 sqft more living space. Net adjustment: +$60,407.
Adjusted -$143,910 for 486 sqft less living space and -$5,317 for being older. Net adjustment: -$149,227.
Adjusted +$17,767 for 60 sqft more living space and -$3,722 for being older. Net adjustment: +$14,045.
Adjusted -$41,456 for 140 sqft less living space and -$6,912 for being older. Net adjustment: -$48,368.
Adjusted +$35,533 for 120 sqft more living space and -$9,039 for being older. Net adjustment: +$26,494.
The Neighborhood
This home is valued 43.2% 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
above averageThis home is +43.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,231 across all districts. With a homestead exemption claimed, that drops to $9,670 — saving $1,561 per year. That's $806 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% | $7,465 |
| Williamson County | County | 0.3694% | $2,709 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $733 |
| Williamson County FM/Rd | County | 0.0443% | $325 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $11,231 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $486,960 would pay approximately $3,040 per month (principal and interest only, excluding taxes and insurance).