10553 W FM 487, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $661,675 and $1,654,605, with a best estimate of $1,183,073. 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
$1,183,073
$1,226,555
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 $661,675 and $1,654,605. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$288,116 for 973 sqft less living space and -$4,254 for being older. Net adjustment: -$292,370.
Adjusted +$547,213 for 1,848 sqft more living space and +$1,063 for being newer. Net adjustment: +$548,276.
Adjusted +$395,605 for 1,336 sqft more living space and +$6,912 for being newer. Net adjustment: +$402,517.
Adjusted +$458,676 for 1,549 sqft more living space and +$4,785 for being newer. Net adjustment: +$463,461.
Adjusted +$591,334 for 1,997 sqft more living space and +$3,722 for being newer. Net adjustment: +$595,056.
The Neighborhood
This home is valued 139.7% 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 +139.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $18,791 across all districts. With a homestead exemption claimed, that drops to $17,138 — saving $1,653 per year. That's $1,428 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% | $12,489 |
| Williamson County | County | 0.3694% | $4,531 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $1,227 |
| Williamson County FM/Rd | County | 0.0443% | $544 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $18,791 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,183,073 would pay approximately $7,385 per month (principal and interest only, excluding taxes and insurance).