551 FM 2843, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $95,724 and $604,659, with a best estimate of $419,708. 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
$419,708
$521,182
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 $95,724 and $604,659. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$83,207 for 281 sqft less living space and -$11,165 for being older. Net adjustment: -$94,372.
Adjusted -$240,442 for 812 sqft less living space and -$2,127 for being older. Net adjustment: -$242,569.
Adjusted -$161,677 for 546 sqft less living space and -$6,380 for being older. Net adjustment: -$168,057.
Adjusted -$57,149 for 193 sqft less living space and -$6,912 for being older. Net adjustment: -$64,061.
Adjusted -$50,339 for 170 sqft less living space and +$16,482 for being newer. Net adjustment: -$33,857.
The Neighborhood
This home is valued 1.8% 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
typicalThis home is +1.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $4,433 across all districts. With a homestead exemption claimed, that drops to $2,954 — saving $1,479 per year. That's $246 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% | $2,946 |
| Williamson County | County | 0.3694% | $1,069 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $289 |
| Williamson County FM/Rd | County | 0.0443% | $128 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $4,433 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $419,708 would pay approximately $2,620 per month (principal and interest only, excluding taxes and insurance).