12085 FM 487, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $246,571 and $891,776, with a best estimate of $820,772. 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
$820,772
$544,566
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 $246,571 and $891,776. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$235,112 for 794 sqft less living space and +$1,063 for being newer. Net adjustment: -$234,049.
Adjusted -$235,112 for 794 sqft less living space and +$1,063 for being newer. Net adjustment: -$234,049.
Adjusted -$62,479 for 211 sqft less living space and -$7,444 for being older. Net adjustment: -$69,923.
Adjusted -$2,369 for 8 sqft less living space and -$1,595 for being older. Net adjustment: -$3,964.
Adjusted +$28,131 for 95 sqft more living space and +$1,063 for being newer. Net adjustment: +$29,194.
The Neighborhood
This home is valued 6.4% 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
typicalThis home is +6.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,343 across all districts. With a homestead exemption claimed, that drops to $6,817 — saving $1,526 per year. That's $568 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% | $5,545 |
| Williamson County | County | 0.3694% | $2,012 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $545 |
| Williamson County FM/Rd | County | 0.0443% | $241 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $8,343 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $820,772 would pay approximately $5,123 per month (principal and interest only, excluding taxes and insurance).