7400 FM 970, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $32,294 and $1,738,808, with a best estimate of $178,352. 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
$178,352
$95,882
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 $32,294 and $1,738,808. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$74,620 for 252 sqft more living space and +$8,507 for being newer and -$47,268 for no pool. Net adjustment: +$35,859.
Adjusted -$136,803 for 462 sqft less living space and -$12,761 for being older. Net adjustment: -$149,564.
Adjusted +$50,339 for 170 sqft more living space and -$27,116 for being older. Net adjustment: +$23,223.
Adjusted -$216,161 for 730 sqft less living space and -$20,204 for being older. Net adjustment: -$236,365.
Adjusted -$355,926 for 1,202 sqft less living space and -$22,331 for being older. Net adjustment: -$378,257.
The Neighborhood
This home is valued 81.3% 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
outlier lowThis home is -81.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $1,469 across all districts. With a homestead exemption claimed, that drops to $474 — saving $995 per year. That's $40 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% | $976 |
| Williamson County | County | 0.3694% | $354 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $96 |
| Williamson County FM/Rd | County | 0.0443% | $43 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $1,469 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $178,352 would pay approximately $1,113 per month (principal and interest only, excluding taxes and insurance).