1400 FM 970, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $311,307 and $645,864, with a best estimate of $476,946. That places the property below the F001D30F - FLORENCE / BURNET ISD RURAL median of $511,796, in a neighborhood that declined 8.6% over the past year.
Estimated Value Range
$476,946
$573,958
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $311,307 and $645,864. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$57,149 for 193 sqft more living space and +$5,849 for being newer and -$47,268 for no pool. Net adjustment: +$15,730.
Adjusted +$80,246 for 271 sqft more living space and +$1,595 for being newer. Net adjustment: +$81,841.
Adjusted +$59,814 for 202 sqft more living space and +$532 for being newer. Net adjustment: +$60,346.
Adjusted -$95,940 for 324 sqft less living space and -$532 for being older. Net adjustment: -$96,472.
Adjusted -$46,489 for 157 sqft less living space and +$1,063 for being newer. Net adjustment: -$45,426.
The Neighborhood
This home is valued 12.1% 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 +12.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,461 across all districts. With a homestead exemption claimed, that drops to $3,970 — saving $1,491 per year. That's $331 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% | $3,630 |
| Williamson County | County | 0.3694% | $1,317 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $356 |
| Williamson County FM/Rd | County | 0.0443% | $158 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $5,461 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $476,946 would pay approximately $2,977 per month (principal and interest only, excluding taxes and insurance).