550 RAMMS DR, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $467,757 and $969,483, with a best estimate of $722,227. That places the property above the F001D30F - FLORENCE / BURNET ISD RURAL median of $511,796, in a neighborhood that declined 8.6% over the past year.
Estimated Value Range
$722,227
$668,060
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 $467,757 and $969,483. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$169,079 for 571 sqft more living space and +$4,785 for being newer. Net adjustment: +$173,864.
Adjusted +$151,017 for 510 sqft more living space and +$1,063 for being newer. Net adjustment: +$152,080.
Adjusted -$31,980 for 108 sqft less living space and -$9,039 for being older. Net adjustment: -$41,019.
Adjusted +$4,146 for 14 sqft more living space and +$6,380 for being newer. Net adjustment: +$10,526.
Adjusted +$282,786 for 955 sqft more living space and -$2,127 for being older. Net adjustment: +$280,659.
The Neighborhood
This home is valued 30.5% 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
above averageThis home is +30.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,235 across all districts. With a homestead exemption claimed, that drops to $8,686 — saving $1,549 per year. That's $724 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% | $6,802 |
| Williamson County | County | 0.3694% | $2,468 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $668 |
| Williamson County FM/Rd | County | 0.0443% | $296 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $10,235 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $722,227 would pay approximately $4,508 per month (principal and interest only, excluding taxes and insurance).