10975 FM 487, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $20,426 and $5,574,148, with a best estimate of $122,800. 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
$122,800
$8,964,335
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $20,426 and $5,574,148. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$33,164 for 112 sqft less living space and +$1,595 for being newer. Net adjustment: -$31,569.
Adjusted -$62,776 for 212 sqft less living space and -$7,975 for being older. Net adjustment: -$70,751.
Adjusted +$69,882 for 236 sqft more living space and +$7,975 for being newer. Net adjustment: +$77,857.
Adjusted -$307,363 for 1,038 sqft less living space and +$2,658 for being newer. Net adjustment: -$304,705.
Adjusted -$210,831 for 712 sqft less living space and +$2,658 for being newer. Net adjustment: -$208,173.
The Neighborhood
This home is valued 1651.5% 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 +1651.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $49,708 across all districts. With a homestead exemption claimed, that drops to $47,683 — saving $2,025 per year. That's $3,974 per month a buyer should budget. The assessed value increased +11.7% vs the subdivision average of -8.6%. This above-average increase gives a protest opportunity score of 85 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Florence ISD | School | 1.0182% | $33,037 |
| Williamson County | County | 0.3694% | $11,987 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $3,245 |
| Williamson County FM/Rd | County | 0.0443% | $1,438 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $49,708 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $122,800 would pay approximately $767 per month (principal and interest only, excluding taxes and insurance).