500 FM 970, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $273,474 and $549,252, with a best estimate of $366,115. 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
$366,115
$359,177
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 $273,474 and $549,252. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$36,718 for 124 sqft more living space and -$11,165 for being older. Net adjustment: +$25,553.
Adjusted +$18,655 for 63 sqft more living space and -$532 for being older. Net adjustment: +$18,123.
Adjusted +$29,315 for 99 sqft more living space and -$4,254 for being older. Net adjustment: +$25,061.
Adjusted +$52,116 for 176 sqft more living space and -$14,356 for being older. Net adjustment: +$37,760.
Adjusted -$14,806 for 50 sqft less living space and +$532 for being newer. Net adjustment: -$14,274.
The Neighborhood
This home is valued 29.8% 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 -29.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,503 across all districts. With a homestead exemption claimed, that drops to $4,011 — saving $1,492 per year. That's $334 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% | $3,657 |
| Williamson County | County | 0.3694% | $1,327 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $359 |
| Williamson County FM/Rd | County | 0.0443% | $159 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $5,503 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $366,115 would pay approximately $2,285 per month (principal and interest only, excluding taxes and insurance).