7993 FM 487 W, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $55,086 and $666,542, with a best estimate of $332,640. 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
$332,640
$698,917
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 $55,086 and $666,542. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$40,567 for 137 sqft less living space and +$20,204 for being newer. Net adjustment: -$20,363.
Adjusted -$40,567 for 137 sqft less living space and +$20,204 for being newer. Net adjustment: -$20,363.
Adjusted -$40,271 for 136 sqft less living space and +$8,507 for being newer. Net adjustment: -$31,764.
Adjusted -$31,980 for 108 sqft less living space and +$3,722 for being newer. Net adjustment: -$28,258.
Adjusted -$257,617 for 870 sqft less living space and +$7,444 for being newer. Net adjustment: -$250,173.
The Neighborhood
This home is valued 36.6% 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
above averageThis home is +36.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,707 across all districts. With a homestead exemption claimed, that drops to $9,153 — saving $1,554 per year. That's $763 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% | $7,116 |
| Williamson County | County | 0.3694% | $2,582 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $699 |
| Williamson County FM/Rd | County | 0.0443% | $310 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $10,707 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $332,640 would pay approximately $2,076 per month (principal and interest only, excluding taxes and insurance).