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204 MARTHA ST, FLORENCE, TX 76527

FLORENCE, 76527 — williamson County

2 bed1 bath926 sqftBuilt 1920

Property at a Glance

This home is estimated between $-18,041 and $5,705,068, with a best estimate of $116,192. 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

$-18,041 $5,705,068
Best Estimate
$116,192
WCAD Value
$217,581
Medium Confidence

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 $-18,041 and $5,705,068. More comparables in the same subdivision would strengthen this estimate.

Comparable Properties (5)

505 STORY AVE, FLORENCE, TX 76527
0.00 mi 92% similar Same subdivision
2 bed 1 bath 652 sqft Built 1920
Raw Value $79,524
Adjusted Value $116,192

Adjusted +$36,668 for 274 sqft more living space. Net adjustment: +$36,668.

204 GARDNER ST, FLORENCE, TX 76527
0.00 mi 84% similar Same subdivision
2 bed 1 bath 1,100 sqft Built 1950
Raw Value $99,583
Adjusted Value $44,479

Adjusted -$23,285 for 174 sqft less living space and -$31,819 for being older. Net adjustment: -$55,104.

6386 FM 970, FLORENCE, TX 76527
0.00 mi 83% similar
2 bed 1 bath 1,000 sqft Built 1932
Raw Value $154,369
Adjusted Value $131,739

Adjusted -$9,903 for 74 sqft less living space and -$12,727 for being older. Net adjustment: -$22,630.

202 ADAMS AVE, FLORENCE, TX 76527
0.00 mi 65% similar Same subdivision
3 bed 1 bath 1,520 sqft Built 1992
Raw Value $137,815
Adjusted Value $-18,041

Adjusted -$79,491 for 594 sqft less living space and -$76,365 for being older. Net adjustment: -$155,856.

2401 FM 970, FLORENCE, TX 76527
0.00 mi 63% similar
3 bed 1 bath 1,926 sqft Built 1930
Raw Value $5,878,853
Adjusted Value $5,705,068

Adjusted -$133,823 for 1,000 sqft less living space and -$10,606 for being older and -$29,356 for no garage. Net adjustment: -$173,785.

The Neighborhood

This home is valued 14.0% above the F301D30I - FLORENCE ISD CITY median of $190,830. With 307 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 2.7% over the past year.

F301D30I - FLORENCE ISD CITY

typical
307 Properties
$190,830 Median Value
-2.7% YoY Change
3% Have Pool
30% Have Garage
This Home
$217,581
Median
$190,830

This home is +14.0% above the subdivision median.

Tax Analysis

The estimated annual property tax is $4,601 across all districts. With a homestead exemption claimed, that drops to $3,135 — saving $1,466 per year. That's $261 per month a buyer should budget. The assessed value increased +32.7% vs the subdivision average of -2.7%. This above-average increase gives a protest opportunity score of 95 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Florence ISDSchool1.0182%$2,215
FlorenceCity0.5826%$1,268
Williamson CountyCounty0.3694%$804
Williamson County ESD #7 - FlorenceESD0.1000%$218
Williamson County FM/RdCounty0.0443%$96
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.1145%$4,601
95 / 100

There may be a strong case to protest this appraisal.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $116,192 would pay approximately $725 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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