11200 FM 487, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $169,570 and $965,339, with a best estimate of $493,554. 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
$493,554
$758,436
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 $169,570 and $965,339. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$285,155 for 963 sqft less living space and -$1,595 for being older. Net adjustment: -$286,750.
Adjusted -$10,956 for 37 sqft less living space and -$9,570 for being older. Net adjustment: -$20,526.
Adjusted -$168,191 for 568 sqft less living space and -$532 for being older. Net adjustment: -$168,723.
Adjusted -$89,426 for 302 sqft less living space and -$4,785 for being older. Net adjustment: -$94,211.
Adjusted -$222,083 for 750 sqft less living space and -$3,722 for being older. Net adjustment: -$225,805.
The Neighborhood
This home is valued 48.2% 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
above averageThis home is +48.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,672 across all districts. With a homestead exemption claimed, that drops to $4,178 — saving $1,494 per year. That's $348 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% | $3,770 |
| Williamson County | County | 0.3694% | $1,368 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $370 |
| Williamson County FM/Rd | County | 0.0443% | $164 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $5,672 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $493,554 would pay approximately $3,081 per month (principal and interest only, excluding taxes and insurance).