500 HALLMARK RD, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $-163,508 and $495,117, with a best estimate of $-49,921. 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
$-49,921
$4,972,597
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 $-163,508 and $495,117. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$343,193 for 1,159 sqft less living space and -$4,254 for being older. Net adjustment: -$347,447.
Adjusted -$552,543 for 1,866 sqft less living space and -$1,595 for being older. Net adjustment: -$554,138.
Adjusted -$541,291 for 1,828 sqft less living space and +$5,317 for being newer. Net adjustment: -$535,974.
Adjusted -$390,867 for 1,320 sqft less living space and +$9,039 for being newer. Net adjustment: -$381,828.
Adjusted -$512,865 for 1,732 sqft less living space and +$5,317 for being newer. Net adjustment: -$507,548.
The Neighborhood
This home is valued 871.6% 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 +871.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $2,022 across all districts. With a homestead exemption claimed, that drops to $654 — saving $1,368 per year. That's $55 per month a buyer should budget. The assessed value increased -0.4% vs the subdivision average of -8.6%. This above-average increase gives a protest opportunity score of 41 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Florence ISD | School | 1.0182% | $1,344 |
| Williamson County | County | 0.3694% | $488 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $132 |
| Williamson County FM/Rd | County | 0.0443% | $59 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $2,022 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $-49,921 would pay approximately $-312 per month (principal and interest only, excluding taxes and insurance).