5701 FM 487 W, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $-46,213 and $1,139,716, with a best estimate of $176,478. That places the property below the AM30DDXI - MH- SFL/SJA median of $229,079, in a neighborhood that appreciated 26.8% over the past year.
Estimated Value Range
$176,478
$39,019
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in AM30DDXI - MH- SFL/SJA. The estimated range of $-46,213 and $1,139,716 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$151,783 for 1,215 sqft less living space and +$2,742 for being newer. Net adjustment: -$149,041.
Adjusted -$129,921 for 1,040 sqft less living space and +$41,127 for being newer. Net adjustment: -$88,794.
Adjusted -$157,030 for 1,257 sqft less living space and +$32,902 for being newer. Net adjustment: -$124,128.
Adjusted -$137,167 for 1,098 sqft less living space and +$2,742 for being newer. Net adjustment: -$134,425.
Adjusted -$158,404 for 1,268 sqft less living space and +$19,193 for being newer. Net adjustment: -$139,211.
The Neighborhood
This home is valued 83.0% below the AM30DDXI - MH- SFL/SJA median of $229,079. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 26.8% over the past year.
AM30DDXI - MH- SFL/SJA
outlier lowThis home is -83.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $327 across all districts. With a homestead exemption claimed, that drops to $91 — saving $236 per year. That's $8 per month a buyer should budget. The assessed value increased +119.2% vs the subdivision average of +26.8%. 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% | $217 |
| Williamson County | County | 0.3694% | $79 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $21 |
| Williamson County FM/Rd | County | 0.0443% | $9 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $327 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $176,478 would pay approximately $1,102 per month (principal and interest only, excluding taxes and insurance).