503 STORY AVE, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $159,619 and $215,469, with a best estimate of $187,472. That places the property below the F301D30I - FLORENCE ISD CITY median of $190,830, in a neighborhood that declined 2.7% over the past year.
Estimated Value Range
$187,472
$219,142
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in F301D30I - FLORENCE ISD CITY, this home's estimated market value is between $159,619 and $215,469. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$24,891 for 186 sqft less living space and -$5,303 for being older. Net adjustment: -$30,194.
Adjusted +$30,110 for 225 sqft more living space and -$5,303 for being older. Net adjustment: +$24,807.
Adjusted +$31,315 for 234 sqft more living space and +$16,970 for being newer and -$29,356 for no garage. Net adjustment: +$18,929.
Adjusted -$124,188 for 928 sqft less living space and +$2,121 for being newer. Net adjustment: -$122,067.
Adjusted +$2,810 for 21 sqft more living space and +$22,273 for being newer. Net adjustment: +$25,083.
The Neighborhood
This home is valued 14.8% above the F301D30I - FLORENCE ISD CITY median of $190,830. With 307 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 2.7% over the past year.
F301D30I - FLORENCE ISD CITY
typicalThis home is +14.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $4,634 across all districts. With a homestead exemption claimed, that drops to $3,168 — saving $1,466 per year. That's $264 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% | $2,231 |
| Florence | City | 0.5826% | $1,277 |
| Williamson County | County | 0.3694% | $810 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $219 |
| Williamson County FM/Rd | County | 0.0443% | $97 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1145% | $4,634 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $187,472 would pay approximately $1,170 per month (principal and interest only, excluding taxes and insurance).