717 Highway 138, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $-179,597 and $544,264, with a best estimate of $157,045. 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
$157,045
$1,440,475
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 $-179,597 and $544,264. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$151,905 for 513 sqft more living space and -$1,595 for being older. Net adjustment: +$150,310.
Adjusted +$12,733 for 43 sqft more living space and -$12,229 for being older. Net adjustment: +$504.
Adjusted +$41,159 for 139 sqft more living space and -$18,077 for being older. Net adjustment: +$23,082.
Adjusted -$219,418 for 741 sqft less living space and -$3,722 for being older. Net adjustment: -$223,140.
Adjusted -$327,203 for 1,105 sqft less living space and +$532 for being newer. Net adjustment: -$326,671.
The Neighborhood
This home is valued 181.5% 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 +181.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $22,068 across all districts. With a homestead exemption claimed, that drops to $20,376 — saving $1,692 per year. That's $1,698 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% | $14,667 |
| Williamson County | County | 0.3694% | $5,322 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $1,440 |
| Williamson County FM/Rd | County | 0.0443% | $639 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $22,068 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $157,045 would pay approximately $980 per month (principal and interest only, excluding taxes and insurance).