1601 FM 970, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $439,822 and $942,293, with a best estimate of $627,517. 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
$627,517
$772,398
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 $439,822 and $942,293. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$8,587 for 29 sqft less living space and +$5,317 for being newer. Net adjustment: -$3,270.
Adjusted -$69,882 for 236 sqft less living space and -$6,380 for being older and -$47,268 for no pool. Net adjustment: -$123,530.
Adjusted +$309,436 for 1,045 sqft more living space and -$1,063 for being older and -$47,268 for no pool. Net adjustment: +$261,105.
Adjusted +$13,325 for 45 sqft more living space and +$11,165 for being newer. Net adjustment: +$24,490.
Adjusted +$156,347 for 528 sqft more living space and -$7,444 for being older. Net adjustment: +$148,903.
The Neighborhood
This home is valued 50.9% 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 +50.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,263 across all districts. With a homestead exemption claimed, that drops to $5,750 — saving $1,513 per year. That's $479 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% | $4,827 |
| Williamson County | County | 0.3694% | $1,751 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $474 |
| Williamson County FM/Rd | County | 0.0443% | $210 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $7,263 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $627,517 would pay approximately $3,917 per month (principal and interest only, excluding taxes and insurance).