120 Novi Rd

Florence, TX 76527

$589,999

3 beds
2 baths
5,425 sq ft
11.48 acres
Built 2021

Listed by JBGoodwin REALTORS NW · MLS #ACT3471956

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120 Novi Rd, Florence, TX 76527 · MLS #ACT3471956

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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2021.

Garage parking

1 garage spaces listed.

Property size

11.48 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Dream Big on 11.4 Acres! Unfinished Barndominium Awaits Your Vision!

Welcome to 120 Novi Road, a rare gem nestled in the heart of Florence, Texas! This expansive 11.4-acre property on CR221 is a canvas of possibilities for those seeking a serene escape or a country lifestyle with all the room to roam.

Property Features:

Size & Space: With over 11 acres of gently rolling terrain, this parcel offers ample space for outdoor activities, gardening, or even livestock. The land is ready for you to transform it into your personal oasis.
Unfinished Barndominium: A unique opportunity awaits with an unfinished barndominium that’s just waiting for your personal touch. Create your dream home with the layout designed for spacious living and entertaining, or finish it to suit your needs as a workshop or studio. The potential is limitless!
Location: Enjoy the peace and quiet of country living while still being conveniently close to local amenities and the vibrant communities of Florence and nearby towns. The beautiful Texas landscape surrounds you, and the clear skies at night provide wonderful stargazing opportunities.
Utilities: The property offers easy access to utilities, making it easier for you to begin your build-out process.
This is more than just a property; it’s a chance to build your dream in a location that offers the best of rural living. Whether you’re looking to settle down, invest, or create a weekend getaway, 120 Novi Road is waiting for your vision.

Don’t miss out on this fantastic opportunity! Schedule your private tour today, and start imagining the possibilities that await you on this expansive plot of land.

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THE NEIGHBORHOOD

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120 Novi Rd, Florence, TX 76527

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LOCAL MARKET CONTEXT

Williamson County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$410,583Down 2.7% vs. the previous 12 months

Months of supply4.912-month average

Days on market8912-month weighted average

Latest available data: August 2026. Research by ERA Brokers Consolidated.

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These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type: Residential
Category: Residential
Year built: 2021
Full baths: 2
Half baths: 0
Garage spaces: 1
Cooling: None
Heating: None
Appliances: Water Softener
Flooring: Concrete
Fencing: Wire
Accessibility: None
Pool features: None, See Remarks
Subdivision: n/a
Parcel: 10W06450000002BE
Elementary school: Florence
Middle school: Florence
High school: Florence
Annual property tax: $4,800.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$1,377.75

Estimated monthly rent$2,458.33

Cap rate3.05%

Annual operating income: $18,007.97

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Purchase price

Rental income & operating costs

Estimated monthly rent

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Vacancy allowance (%) Management fee (%) Maintenance reserve (%) Capital reserve (%)

Annual property tax

Annual insurance

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Monthly HOA

Other monthly costs

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

Down payment (%) Interest rate (%) Loan term

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Listing information

MLS #ACT3471956 · Austin Board of Realtors

Listing brokerage: JBGoodwin REALTORS NW
Listing agent: Helen Dadfar

Listing status: Active. Record updated September 10, 2026. Confirm current availability and price with the listing agent.