8503 OLD 195, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $278,408 and $784,674, with a best estimate of $383,751. 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
$383,751
$326,693
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $278,408 and $784,674. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$40,567 for 137 sqft more living space and -$1,063 for being older. Net adjustment: +$39,504.
Adjusted -$25,762 for 87 sqft less living space and +$4,785 for being newer. Net adjustment: -$20,977.
Adjusted -$153,978 for 520 sqft less living space and +$532 for being newer. Net adjustment: -$153,446.
Adjusted +$90,018 for 304 sqft more living space and +$1,063 for being newer. Net adjustment: +$91,081.
Adjusted +$74,324 for 251 sqft more living space. Net adjustment: +$74,324.
The Neighborhood
This home is valued 36.2% 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 -36.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,005 across all districts. With a homestead exemption claimed, that drops to $3,519 — saving $1,486 per year. That's $293 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% | $3,326 |
| Williamson County | County | 0.3694% | $1,207 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $327 |
| Williamson County FM/Rd | County | 0.0443% | $145 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $5,005 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $383,751 would pay approximately $2,395 per month (principal and interest only, excluding taxes and insurance).