5475 FM 970, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $307,061 and $1,102,830, with a best estimate of $631,044. 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
$631,044
$797,176
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 $307,061 and $1,102,830. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$157,235 for 531 sqft less living space and +$7,975 for being newer. Net adjustment: -$149,260.
Adjusted +$116,964 for 395 sqft more living space. Net adjustment: +$116,964.
Adjusted -$40,271 for 136 sqft less living space and +$9,039 for being newer. Net adjustment: -$31,232.
Adjusted +$38,494 for 130 sqft more living space and +$4,785 for being newer. Net adjustment: +$43,279.
Adjusted -$94,163 for 318 sqft less living space and +$5,849 for being newer. Net adjustment: -$88,314.
The Neighborhood
This home is valued 55.8% 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
outlier highThis home is +55.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $3,875 across all districts. With a homestead exemption claimed, that drops to $2,403 — saving $1,472 per year. That's $200 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% | $2,575 |
| Williamson County | County | 0.3694% | $934 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $253 |
| Williamson County FM/Rd | County | 0.0443% | $112 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $3,875 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $631,044 would pay approximately $3,939 per month (principal and interest only, excluding taxes and insurance).