11350 W FM 487, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $352,080 and $1,134,062, with a best estimate of $662,276. 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
$662,276
$338,293
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 $352,080 and $1,134,062. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$116,964 for 395 sqft less living space and -$1,063 for being older. Net adjustment: -$118,027.
Adjusted +$157,235 for 531 sqft more living space and -$9,039 for being older. Net adjustment: +$148,196.
Adjusted +$78,766 for 266 sqft more living space and -$4,254 for being older. Net adjustment: +$74,512.
Adjusted -$53,892 for 182 sqft less living space and -$3,190 for being older. Net adjustment: -$57,082.
Adjusted -$27,834 for 94 sqft less living space and +$10,634 for being newer. Net adjustment: -$17,200.
The Neighborhood
This home is valued 33.9% 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
below averageThis home is -33.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,183 across all districts. With a homestead exemption claimed, that drops to $3,695 — saving $1,488 per year. That's $308 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% | $3,444 |
| Williamson County | County | 0.3694% | $1,250 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $338 |
| Williamson County FM/Rd | County | 0.0443% | $150 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $5,183 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $662,276 would pay approximately $4,134 per month (principal and interest only, excluding taxes and insurance).