502 COLLEGE AVE, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $114,886 and $192,401, with a best estimate of $147,712. 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
$147,712
$144,194
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 $114,886 and $192,401. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$7,896 for 59 sqft less living space and -$15,909 for being older and +$29,356 for having a garage. Net adjustment: +$5,551.
Adjusted -$4,416 for 33 sqft less living space and +$9,546 for being newer and +$29,356 for having a garage. Net adjustment: +$34,486.
Adjusted +$10,572 for 79 sqft more living space and -$13,788 for being older and +$29,356 for having a garage. Net adjustment: +$26,140.
Adjusted -$21,679 for 162 sqft less living space and +$12,727 for being newer and +$29,356 for having a garage. Net adjustment: +$20,404.
Adjusted -$6,557 for 49 sqft less living space and -$19,091 for being older. Net adjustment: -$25,648.
The Neighborhood
This home is valued 24.4% 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 -24.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,049 across all districts. With a homestead exemption claimed, that drops to $1,597 — saving $1,452 per year. That's $133 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% | $1,468 |
| Florence | City | 0.5826% | $840 |
| Williamson County | County | 0.3694% | $533 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $144 |
| Williamson County FM/Rd | County | 0.0443% | $64 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1145% | $3,049 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $147,712 would pay approximately $922 per month (principal and interest only, excluding taxes and insurance).