FM 487, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $116,821 and $367,719, with a best estimate of $194,198. That places the property below the AM30DDXI - MH- SFL/SJA median of $229,079, in a neighborhood that appreciated 26.8% over the past year.
Estimated Value Range
$194,198
$156,872
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $116,821 and $367,719. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$15,616 for 125 sqft less living space and -$10,967 for being older and -$119,778 for no garage. Net adjustment: -$146,361.
Adjusted -$22,486 for 180 sqft less living space and -$16,451 for being older. Net adjustment: -$38,937.
Adjusted +$25,485 for 204 sqft more living space and -$16,451 for being older. Net adjustment: +$9,034.
Adjusted +$9,494 for 76 sqft more living space and -$16,451 for being older. Net adjustment: -$6,957.
Adjusted -$7,495 for 60 sqft less living space and +$2,742 for being newer. Net adjustment: -$4,753.
The Neighborhood
This home is valued 31.5% below the AM30DDXI - MH- SFL/SJA median of $229,079. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 26.8% over the past year.
AM30DDXI - MH- SFL/SJA
below averageThis home is -31.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,390 across all districts. With a homestead exemption claimed, that drops to $936 — saving $1,454 per year. That's $78 per month a buyer should budget. The assessed value increased +20.7% vs the subdivision average of +26.8%. This increase gives a protest opportunity score of 40 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Florence ISD | School | 1.0182% | $1,589 |
| Williamson County | County | 0.3694% | $576 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $156 |
| Williamson County FM/Rd | County | 0.0443% | $69 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $2,390 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $194,198 would pay approximately $1,212 per month (principal and interest only, excluding taxes and insurance).