7070 W FM 487, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $627,647 and $6,181,369, with a best estimate of $802,174. 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
$802,174
$2,481,582
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 $627,647 and $6,181,369. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$29,019 for 98 sqft more living space and -$7,975 for being older. Net adjustment: +$21,044.
Adjusted +$351,780 for 1,188 sqft more living space and +$47,268 for having a pool. Net adjustment: +$399,048.
Adjusted +$273,607 for 924 sqft more living space and -$2,658 for being older and +$47,268 for having a pool. Net adjustment: +$318,217.
Adjusted +$255,248 for 862 sqft more living space and +$47,268 for having a pool. Net adjustment: +$302,516.
Adjusted -$1,184 for 4 sqft less living space and -$32,965 for being older and +$47,268 for having a pool. Net adjustment: +$13,119.
The Neighborhood
This home is valued 384.9% 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
outlier highThis home is +384.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $1,194 across all districts. With a homestead exemption claimed, that drops to $382 — saving $812 per year. That's $32 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% | $793 |
| Williamson County | County | 0.3694% | $288 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $78 |
| Williamson County FM/Rd | County | 0.0443% | $35 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $1,194 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $802,174 would pay approximately $5,007 per month (principal and interest only, excluding taxes and insurance).