503 COLLEGE AVE, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $132,002 and $340,172, with a best estimate of $292,458. That places the property above the F301D30I - FLORENCE ISD CITY median of $190,830, in a neighborhood that declined 2.7% over the past year.
Estimated Value Range
$292,458
$237,986
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in F301D30I - FLORENCE ISD CITY, this home's estimated market value is between $132,002 and $340,172. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$28,906 for 216 sqft more living space and +$4,242 for being newer. Net adjustment: +$33,148.
Adjusted +$1,071 for 8 sqft more living space and +$2,121 for being newer. Net adjustment: +$3,192.
Adjusted +$76,012 for 568 sqft more living space and +$30,758 for being newer. Net adjustment: +$106,770.
Adjusted -$25,694 for 192 sqft less living space and +$20,152 for being newer. Net adjustment: -$5,542.
Adjusted +$28,237 for 211 sqft more living space and +$9,546 for being newer. Net adjustment: +$37,783.
The Neighborhood
This home is valued 24.7% 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
above averageThis home is +24.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,032 across all districts. With a homestead exemption claimed, that drops to $3,563 — saving $1,469 per year. That's $297 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% | $2,423 |
| Florence | City | 0.5826% | $1,386 |
| Williamson County | County | 0.3694% | $879 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $238 |
| Williamson County FM/Rd | County | 0.0443% | $105 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1145% | $5,032 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $292,458 would pay approximately $1,826 per month (principal and interest only, excluding taxes and insurance).