12380 FM 487 W, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $339,410 and $1,135,179, with a best estimate of $663,393. 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
$663,393
$436,368
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 $339,410 and $1,135,179. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$119,037 for 402 sqft less living space and +$2,127 for being newer. Net adjustment: -$116,910.
Adjusted +$155,162 for 524 sqft more living space and -$5,849 for being older. Net adjustment: +$149,313.
Adjusted -$2,073 for 7 sqft less living space and +$3,190 for being newer. Net adjustment: +$1,117.
Adjusted +$76,693 for 259 sqft more living space and -$1,063 for being older. Net adjustment: +$75,630.
Adjusted -$55,965 for 189 sqft less living space. Net adjustment: -$55,965.
The Neighborhood
This home is valued 14.7% 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
typicalThis home is -14.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,685 across all districts. With a homestead exemption claimed, that drops to $5,179 — saving $1,506 per year. That's $432 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% | $4,443 |
| Williamson County | County | 0.3694% | $1,612 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $436 |
| Williamson County FM/Rd | County | 0.0443% | $193 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $6,685 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $663,393 would pay approximately $4,141 per month (principal and interest only, excluding taxes and insurance).