12185 FM 487, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $480,620 and $1,054,821, with a best estimate of $778,615. 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
$778,615
$980,319
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 $480,620 and $1,054,821. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
This comparable closely matches the subject property's features.
Adjusted +$235,112 for 794 sqft more living space and -$1,063 for being older. Net adjustment: +$234,049.
Adjusted +$7,107 for 24 sqft more living space and +$3,190 for being newer. Net adjustment: +$10,297.
Adjusted +$136,803 for 462 sqft more living space and +$11,165 for being newer. Net adjustment: +$147,968.
Adjusted +$263,243 for 889 sqft more living space. Net adjustment: +$263,243.
The Neighborhood
This home is valued 91.5% above the F001D30F - FLORENCE / BURNET ISD RURAL median of $511,796. With 2,087 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.6% over the past year.
F001D30F - FLORENCE / BURNET ISD RURAL
outlier highThis home is +91.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $0 across all districts. That's $0 per month. 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 |
|---|---|---|---|
| Road District (REF) | Road | 0.0000% | $0 |
| Total Annual Tax | 0.0000% | $0 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $778,615 would pay approximately $4,860 per month (principal and interest only, excluding taxes and insurance).