505 RAMMS DR, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $91,096 and $650,259, with a best estimate of $201,982. 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
$201,982
$596,419
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $91,096 and $650,259. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$209,351 for 707 sqft less living space and +$2,658 for being newer. Net adjustment: -$206,693.
Adjusted -$57,149 for 193 sqft less living space and -$9,570 for being older. Net adjustment: -$66,719.
Adjusted -$47,674 for 161 sqft less living space and +$13,292 for being newer. Net adjustment: -$34,382.
Adjusted -$198,098 for 669 sqft less living space and +$9,570 for being newer. Net adjustment: -$188,528.
Adjusted -$149,536 for 505 sqft less living space and +$4,254 for being newer. Net adjustment: -$145,282.
The Neighborhood
This home is valued 16.5% 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 +16.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,137 across all districts. With a homestead exemption claimed, that drops to $7,601 — saving $1,536 per year. That's $633 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% | $6,073 |
| Williamson County | County | 0.3694% | $2,203 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $596 |
| Williamson County FM/Rd | County | 0.0443% | $264 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $9,137 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $201,982 would pay approximately $1,261 per month (principal and interest only, excluding taxes and insurance).