5701 FM 970, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $341,276 and $918,099, with a best estimate of $717,367. 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
$717,367
$972,344
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 $341,276 and $918,099. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$90,610 for 306 sqft more living space and -$3,190 for being older. Net adjustment: +$87,420.
Adjusted +$17,174 for 58 sqft more living space and +$3,722 for being newer. Net adjustment: +$20,896.
Adjusted +$130,289 for 440 sqft more living space and +$11,165 for being newer. Net adjustment: +$141,454.
Adjusted +$183,589 for 620 sqft more living space and -$1,595 for being older. Net adjustment: +$181,994.
Adjusted +$47,674 for 161 sqft more living space and -$10,634 for being older. Net adjustment: +$37,040.
The Neighborhood
This home is valued 90.0% 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 +90.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,871 across all districts. With a homestead exemption claimed, that drops to $4,375 — saving $1,496 per year. That's $365 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% | $3,902 |
| Williamson County | County | 0.3694% | $1,416 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $383 |
| Williamson County FM/Rd | County | 0.0443% | $170 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $5,871 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $717,367 would pay approximately $4,478 per month (principal and interest only, excluding taxes and insurance).