12185 FM 487, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $496,270 and $1,054,821, with a best estimate of $856,374. 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
$856,374
$480,620
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 $496,270 and $1,054,821. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
This comparable closely matches the subject property's features.
Adjusted +$235,112 for 794 sqft more living space and -$1,063 for being older. Net adjustment: +$234,049.
Adjusted +$7,107 for 24 sqft more living space and +$3,190 for being newer. Net adjustment: +$10,297.
Adjusted +$136,803 for 462 sqft more living space and +$11,165 for being newer. Net adjustment: +$147,968.
Adjusted +$263,243 for 889 sqft more living space. Net adjustment: +$263,243.
The Neighborhood
This home is valued 6.1% below the F001D30F - FLORENCE / BURNET ISD RURAL median of $511,796. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.6% over the past year.
F001D30F - FLORENCE / BURNET ISD RURAL
typicalThis home is -6.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,363 across all districts. With a homestead exemption claimed, that drops to $5,849 — saving $1,514 per year. That's $487 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% | $4,894 |
| Williamson County | County | 0.3694% | $1,776 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $481 |
| Williamson County FM/Rd | County | 0.0443% | $213 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $7,363 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $856,374 would pay approximately $5,345 per month (principal and interest only, excluding taxes and insurance).