501 FM 970, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $300,408 and $524,191, with a best estimate of $341,053. 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
$341,053
$248,413
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 $300,408 and $524,191. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$22,801 for 77 sqft more living space and -$10,102 for being older. Net adjustment: +$12,699.
Adjusted -$29,315 for 99 sqft less living space and +$4,254 for being newer. Net adjustment: -$25,061.
Adjusted -$10,660 for 36 sqft less living space and +$3,722 for being newer. Net adjustment: -$6,938.
Adjusted +$7,403 for 25 sqft more living space and -$6,912 for being older. Net adjustment: +$491.
Adjusted -$44,121 for 149 sqft less living space and +$4,785 for being newer. Net adjustment: -$39,336.
The Neighborhood
This home is valued 51.5% below the F001D30F - FLORENCE / BURNET ISD RURAL median of $511,796. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.6% over the past year.
F001D30F - FLORENCE / BURNET ISD RURAL
outlier lowThis home is -51.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,806 across all districts. With a homestead exemption claimed, that drops to $2,334 — saving $1,472 per year. That's $195 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% | $2,529 |
| Williamson County | County | 0.3694% | $918 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $248 |
| Williamson County FM/Rd | County | 0.0443% | $110 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $3,806 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $341,053 would pay approximately $2,129 per month (principal and interest only, excluding taxes and insurance).