540 FM 970, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $255,351 and $531,129, with a best estimate of $347,991. 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
$347,991
$307,346
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 $255,351 and $531,129. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$33,461 for 113 sqft less living space and +$1,063 for being newer. Net adjustment: -$32,398.
Adjusted -$18,655 for 63 sqft less living space and +$532 for being newer. Net adjustment: -$18,123.
Adjusted +$33,461 for 113 sqft more living space and -$13,824 for being older. Net adjustment: +$19,637.
Adjusted +$10,660 for 36 sqft more living space and -$3,722 for being older. Net adjustment: +$6,938.
Adjusted +$96,236 for 325 sqft more living space and +$532 for being newer. Net adjustment: +$96,768.
The Neighborhood
This home is valued 39.9% below the F001D30F - FLORENCE / BURNET ISD RURAL median of $511,796. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.6% over the past year.
F001D30F - FLORENCE / BURNET ISD RURAL
below averageThis home is -39.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,708 across all districts. With a homestead exemption claimed, that drops to $3,226 — saving $1,482 per year. That's $269 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% | $3,129 |
| Williamson County | County | 0.3694% | $1,135 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $307 |
| Williamson County FM/Rd | County | 0.0443% | $136 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $4,708 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $347,991 would pay approximately $2,172 per month (principal and interest only, excluding taxes and insurance).