7200 W FM 487, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $1,825,580 and $2,818,511, with a best estimate of $2,390,460. 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
$2,390,460
$1,099,444
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 $1,825,580 and $2,818,511. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$880,042 for 2,972 sqft more living space and -$8,507 for being older. Net adjustment: +$871,535.
Adjusted +$1,168,159 for 3,945 sqft more living space and -$4,254 for being older. Net adjustment: +$1,163,905.
Adjusted +$1,626,835 for 5,494 sqft more living space and +$532 for being newer. Net adjustment: +$1,627,367.
Adjusted +$1,563,763 for 5,281 sqft more living space and +$2,658 for being newer. Net adjustment: +$1,566,421.
Adjusted +$1,759,493 for 5,942 sqft more living space and -$532 for being older. Net adjustment: +$1,758,961.
The Neighborhood
This home is valued 114.8% 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 +114.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $16,843 across all districts. With a homestead exemption claimed, that drops to $15,215 — saving $1,628 per year. That's $1,268 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% | $11,195 |
| Williamson County | County | 0.3694% | $4,062 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $1,099 |
| Williamson County FM/Rd | County | 0.0443% | $487 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $16,843 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $2,390,460 would pay approximately $14,921 per month (principal and interest only, excluding taxes and insurance).