501 WEST AVE, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $56,865 and $164,374, with a best estimate of $89,534. 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
$89,534
$240,679
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 $56,865 and $164,374. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$10,037 for 75 sqft less living space and -$65,759 for being older and -$29,356 for no garage. Net adjustment: -$105,152.
Adjusted +$29,307 for 219 sqft more living space and -$47,728 for being older and -$29,356 for no garage. Net adjustment: -$47,777.
Adjusted +$11,643 for 87 sqft more living space and -$65,759 for being older and -$29,356 for no garage. Net adjustment: -$83,472.
Adjusted -$93,007 for 695 sqft less living space and -$84,850 for being older and -$29,356 for no garage. Net adjustment: -$207,213.
Adjusted -$41,485 for 310 sqft less living space and -$39,243 for being older. Net adjustment: -$80,728.
The Neighborhood
This home is valued 26.1% above the F301D30I - FLORENCE ISD CITY median of $190,830. With 307 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 2.7% over the past year.
F301D30I - FLORENCE ISD CITY
above averageThis home is +26.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,089 across all districts. With a homestead exemption claimed, that drops to $3,619 — saving $1,470 per year. That's $302 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% | $2,451 |
| Florence | City | 0.5826% | $1,402 |
| Williamson County | County | 0.3694% | $889 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $241 |
| Williamson County FM/Rd | County | 0.0443% | $107 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1145% | $5,089 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $89,534 would pay approximately $559 per month (principal and interest only, excluding taxes and insurance).