505 STORY AVE, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $-54,709 and $5,668,400, with a best estimate of $95,071. That places the property below the F301D30I - FLORENCE ISD CITY median of $190,830, in a neighborhood that declined 2.7% over the past year.
Estimated Value Range
$95,071
$79,524
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 $-54,709 and $5,668,400. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$59,953 for 448 sqft less living space and -$31,819 for being older. Net adjustment: -$91,772.
Adjusted -$91,535 for 684 sqft less living space. Net adjustment: -$91,535.
Adjusted -$46,571 for 348 sqft less living space and -$12,727 for being older. Net adjustment: -$59,298.
Adjusted -$116,159 for 868 sqft less living space and -$76,365 for being older. Net adjustment: -$192,524.
Adjusted -$170,491 for 1,274 sqft less living space and -$10,606 for being older and -$29,356 for no garage. Net adjustment: -$210,453.
The Neighborhood
This home is valued 58.3% below the F301D30I - FLORENCE ISD CITY median of $190,830. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 2.7% over the past year.
F301D30I - FLORENCE ISD CITY
outlier lowThis home is -58.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $1,681 across all districts. With a homestead exemption claimed, that drops to $853 — saving $828 per year. That's $71 per month a buyer should budget. The assessed value increased +20.1% vs the subdivision average of -2.7%. This above-average increase gives a protest opportunity score of 80 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Florence ISD | School | 1.0182% | $809 |
| Florence | City | 0.5826% | $463 |
| Williamson County | County | 0.3694% | $294 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $79 |
| Williamson County FM/Rd | County | 0.0443% | $35 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1145% | $1,681 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $95,071 would pay approximately $593 per month (principal and interest only, excluding taxes and insurance).