451 FM 2843, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $464,255 and $1,260,023, with a best estimate of $802,011. 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
$802,011
$733,371
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 $464,255 and $1,260,023. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$7,403 for 25 sqft more living space and +$532 for being newer. Net adjustment: +$7,935.
Adjusted +$124,367 for 420 sqft more living space and +$1,595 for being newer. Net adjustment: +$125,962.
Adjusted +$203,132 for 686 sqft more living space and -$2,658 for being older. Net adjustment: +$200,474.
Adjusted +$7,107 for 24 sqft more living space and +$5,849 for being newer. Net adjustment: +$12,956.
Adjusted +$70,474 for 238 sqft more living space and -$1,595 for being older. Net adjustment: +$68,879.
The Neighborhood
This home is valued 43.3% 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 +43.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,235 across all districts. With a homestead exemption claimed, that drops to $9,674 — saving $1,561 per year. That's $806 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% | $7,467 |
| Williamson County | County | 0.3694% | $2,709 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $733 |
| Williamson County FM/Rd | County | 0.0443% | $325 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $11,235 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $802,011 would pay approximately $5,006 per month (principal and interest only, excluding taxes and insurance).