400 COUNTY ROAD 240, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $232,732 and $694,355, with a best estimate of $449,487. 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
$449,487
$555,951
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 $232,732 and $694,355. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$103,639 for 350 sqft less living space and +$532 for being newer. Net adjustment: -$103,107.
Adjusted +$26,650 for 90 sqft more living space and +$11,165 for being newer. Net adjustment: +$37,815.
Adjusted +$48,858 for 165 sqft more living space and +$10,634 for being newer. Net adjustment: +$59,492.
Adjusted -$12,437 for 42 sqft less living space and +$532 for being newer. Net adjustment: -$11,905.
Adjusted -$49,154 for 166 sqft less living space and +$9,570 for being newer. Net adjustment: -$39,584.
The Neighborhood
This home is valued 8.6% 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
typicalThis home is +8.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,517 across all districts. With a homestead exemption claimed, that drops to $6,989 — saving $1,528 per year. That's $582 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% | $5,661 |
| Williamson County | County | 0.3694% | $2,054 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $556 |
| Williamson County FM/Rd | County | 0.0443% | $246 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $8,517 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $449,487 would pay approximately $2,806 per month (principal and interest only, excluding taxes and insurance).