5266 FM 970, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $654,298 and $1,450,067, with a best estimate of $1,022,015. 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
$1,022,015
$1,017,184
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 $654,298 and $1,450,067. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$196,914 for 665 sqft more living space and +$1,063 for being newer. Net adjustment: +$197,977.
Adjusted +$313,878 for 1,060 sqft more living space and +$2,127 for being newer. Net adjustment: +$316,005.
Adjusted +$259,986 for 878 sqft more living space and -$1,063 for being older. Net adjustment: +$258,923.
Adjusted -$198,691 for 671 sqft less living space and -$5,849 for being older. Net adjustment: -$204,540.
Adjusted +$392,643 for 1,326 sqft more living space and -$2,127 for being older. Net adjustment: +$390,516.
The Neighborhood
This home is valued 98.7% 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 +98.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $4,817 across all districts. With a homestead exemption claimed, that drops to $3,334 — saving $1,483 per year. That's $278 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% | $3,202 |
| Williamson County | County | 0.3694% | $1,162 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $314 |
| Williamson County FM/Rd | County | 0.0443% | $139 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $4,817 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,022,015 would pay approximately $6,379 per month (principal and interest only, excluding taxes and insurance).