503 WEST AVE, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $123,361 and $220,460, with a best estimate of $143,082. That places the property below the F301D30I - FLORENCE ISD CITY median of $190,830, in a neighborhood that declined 2.7% over the past year.
Estimated Value Range
$143,082
$137,182
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in F301D30I - FLORENCE ISD CITY, this home's estimated market value is between $123,361 and $220,460. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$17,665 for 132 sqft less living space and -$18,031 for being older. Net adjustment: -$35,696.
Adjusted +$25,426 for 190 sqft more living space and +$9,546 for being newer and +$29,356 for having a garage. Net adjustment: +$64,328.
Adjusted -$39,344 for 294 sqft less living space and -$18,031 for being older. Net adjustment: -$57,375.
Adjusted +$14,185 for 106 sqft more living space and -$33,940 for being older and +$29,356 for having a garage. Net adjustment: +$9,601.
Adjusted -$73,068 for 546 sqft less living space and -$15,909 for being older. Net adjustment: -$88,977.
The Neighborhood
This home is valued 28.1% below the F301D30I - FLORENCE ISD CITY median of $190,830. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 2.7% over the past year.
F301D30I - FLORENCE ISD CITY
below averageThis home is -28.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,901 across all districts. With a homestead exemption claimed, that drops to $1,479 — saving $1,422 per year. That's $123 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% | $1,397 |
| Florence | City | 0.5826% | $799 |
| Williamson County | County | 0.3694% | $507 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $137 |
| Williamson County FM/Rd | County | 0.0443% | $61 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1145% | $2,901 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $143,082 would pay approximately $893 per month (principal and interest only, excluding taxes and insurance).