10161 FM 487 W, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $245,388 and $1,026,199, with a best estimate of $370,550. 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
$370,550
$193,643
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 $245,388 and $1,026,199. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$117,852 for 398 sqft more living space and +$2,658 for being newer. Net adjustment: +$120,510.
Adjusted +$13,917 for 47 sqft more living space and -$21,268 for being older. Net adjustment: -$7,351.
Adjusted -$235,705 for 796 sqft less living space and -$10,634 for being older. Net adjustment: -$246,339.
Adjusted +$2,961 for 10 sqft more living space and -$25,521 for being older. Net adjustment: -$22,560.
Adjusted +$39,087 for 132 sqft more living space and -$26,053 for being older. Net adjustment: +$13,034.
The Neighborhood
This home is valued 62.2% below the F001D30F - FLORENCE / BURNET ISD RURAL median of $511,796. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.6% over the past year.
F001D30F - FLORENCE / BURNET ISD RURAL
outlier lowThis home is -62.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,657 across all districts. With a homestead exemption claimed, that drops to $1,199 — saving $1,458 per year. That's $100 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% | $1,766 |
| Williamson County | County | 0.3694% | $641 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $173 |
| Williamson County FM/Rd | County | 0.0443% | $77 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $2,657 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $370,550 would pay approximately $2,313 per month (principal and interest only, excluding taxes and insurance).