7580 W FM 487, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $1,011,571 and $2,004,501, with a best estimate of $1,546,487. 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
$1,546,487
$1,554,081
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 $1,011,571 and $2,004,501. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$66,033 for 223 sqft more living space and -$8,507 for being older. Net adjustment: +$57,526.
Adjusted +$354,149 for 1,196 sqft more living space and -$4,254 for being older. Net adjustment: +$349,895.
Adjusted +$749,457 for 2,531 sqft more living space and +$7,975 for being newer. Net adjustment: +$757,432.
Adjusted +$812,825 for 2,745 sqft more living space and +$532 for being newer. Net adjustment: +$813,357.
Adjusted +$749,754 for 2,532 sqft more living space and +$2,658 for being newer. Net adjustment: +$752,412.
The Neighborhood
This home is valued 203.7% 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 +203.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,772 across all districts. With a homestead exemption claimed, that drops to $10,205 — saving $1,567 per year. That's $850 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% | $7,824 |
| Williamson County | County | 0.3694% | $2,839 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $768 |
| Williamson County FM/Rd | County | 0.0443% | $341 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $11,772 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,546,487 would pay approximately $9,653 per month (principal and interest only, excluding taxes and insurance).