400 PR 950, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $189,197 and $1,040,542, with a best estimate of $480,170. 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
$480,170
$718,865
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in F001D30F - FLORENCE / BURNET ISD RURAL. The estimated range of $189,197 and $1,040,542 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$131,769 for 445 sqft more living space and +$5,317 for being newer. Net adjustment: +$137,086.
Adjusted -$98,309 for 332 sqft less living space and -$4,785 for being older. Net adjustment: -$103,094.
Adjusted -$55,373 for 187 sqft less living space and +$2,127 for being newer. Net adjustment: -$53,246.
Adjusted +$65,144 for 220 sqft more living space and -$16,482 for being older. Net adjustment: +$48,662.
Adjusted +$148,352 for 501 sqft more living space and -$4,254 for being older. Net adjustment: +$144,098.
The Neighborhood
This home is valued 40.5% 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
above averageThis home is +40.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $3,485 across all districts. With a homestead exemption claimed, that drops to $3,359 — saving $126 per year. That's $280 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 |
|---|---|---|---|
| Williamson County | County | 0.3694% | $2,506 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $678 |
| Williamson County FM/Rd | County | 0.0443% | $301 |
| Burnet CISD | School | 0.0000% | $0 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 0.5138% | $3,485 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $480,170 would pay approximately $2,997 per month (principal and interest only, excluding taxes and insurance).