501 COLLEGE AVE, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $109,410 and $308,628, with a best estimate of $246,827. That places the property above the F301D30I - FLORENCE ISD CITY median of $190,830, in a neighborhood that declined 2.7% over the past year.
Estimated Value Range
$246,827
$236,243
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 $109,410 and $308,628. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$18,468 for 138 sqft more living space and +$22,273 for being newer. Net adjustment: +$40,741.
Adjusted -$8,699 for 65 sqft less living space and +$14,849 for being newer. Net adjustment: +$6,150.
Adjusted -$51,522 for 385 sqft less living space and -$41,364 for being older. Net adjustment: -$92,886.
Adjusted +$46,571 for 348 sqft more living space and +$11,667 for being newer. Net adjustment: +$58,238.
Adjusted +$102,107 for 763 sqft more living space and +$11,667 for being newer and -$29,356 for no garage. Net adjustment: +$84,418.
The Neighborhood
This home is valued 23.8% above the F301D30I - FLORENCE ISD CITY median of $190,830. With 307 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 2.7% over the past year.
F301D30I - FLORENCE ISD CITY
above averageThis home is +23.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $4,995 across all districts. With a homestead exemption claimed, that drops to $3,526 — saving $1,469 per year. That's $294 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% | $2,405 |
| Florence | City | 0.5826% | $1,376 |
| Williamson County | County | 0.3694% | $873 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $236 |
| Williamson County FM/Rd | County | 0.0443% | $105 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1145% | $4,995 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $246,827 would pay approximately $1,541 per month (principal and interest only, excluding taxes and insurance).