850 FM 970, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $458,620 and $678,506, with a best estimate of $582,049. 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
$582,049
$385,172
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 $458,620 and $678,506. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$41,752 for 141 sqft more living space and +$3,190 for being newer. Net adjustment: +$44,942.
Adjusted +$307,363 for 1,038 sqft more living space and -$1,595 for being older. Net adjustment: +$305,768.
Adjusted +$62,479 for 211 sqft more living space and -$2,127 for being older. Net adjustment: +$60,352.
Adjusted +$294,927 for 996 sqft more living space and +$3,190 for being newer. Net adjustment: +$298,117.
Adjusted +$328,387 for 1,109 sqft more living space and +$2,127 for being newer. Net adjustment: +$330,514.
The Neighborhood
This home is valued 24.7% 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
below averageThis home is -24.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,901 across all districts. With a homestead exemption claimed, that drops to $4,404 — saving $1,497 per year. That's $367 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% | $3,922 |
| Williamson County | County | 0.3694% | $1,423 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $385 |
| Williamson County FM/Rd | County | 0.0443% | $171 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $5,901 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $582,049 would pay approximately $3,633 per month (principal and interest only, excluding taxes and insurance).