5650 FM 970, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $1,315,605 and $1,781,796, with a best estimate of $1,552,821. 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
$1,552,821
$1,282,416
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 $1,315,605 and $1,781,796. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$673,357 for 2,274 sqft more living space and -$1,595 for being older. Net adjustment: +$671,762.
Adjusted +$616,503 for 2,082 sqft more living space and +$1,063 for being newer. Net adjustment: +$617,566.
Adjusted +$716,293 for 2,419 sqft more living space and +$5,849 for being newer. Net adjustment: +$722,142.
Adjusted +$625,683 for 2,113 sqft more living space and +$9,039 for being newer. Net adjustment: +$634,722.
Adjusted +$881,523 for 2,977 sqft more living space and +$2,658 for being newer. Net adjustment: +$884,181.
The Neighborhood
This home is valued 150.6% 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 +150.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,414 across all districts. With a homestead exemption claimed, that drops to $10,839 — saving $1,575 per year. That's $903 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% | $8,251 |
| Williamson County | County | 0.3694% | $2,994 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $810 |
| Williamson County FM/Rd | County | 0.0443% | $359 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $12,414 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,552,821 would pay approximately $9,693 per month (principal and interest only, excluding taxes and insurance).