740 FM 970, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $79,404 and $447,366, with a best estimate of $332,092. 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
$332,092
$276,281
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 $79,404 and $447,366. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$244,884 for 827 sqft less living space and -$532 for being older. Net adjustment: -$245,416.
Adjusted -$307,363 for 1,038 sqft less living space and +$1,595 for being newer. Net adjustment: -$305,768.
Adjusted +$117,260 for 396 sqft more living space and +$4,254 for being newer. Net adjustment: +$121,514.
Adjusted -$12,437 for 42 sqft less living space and +$4,785 for being newer. Net adjustment: -$7,652.
Adjusted +$21,024 for 71 sqft more living space and +$3,722 for being newer. Net adjustment: +$24,746.
The Neighborhood
This home is valued 46.0% 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
below averageThis home is -46.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,233 across all districts. With a homestead exemption claimed, that drops to $2,756 — saving $1,477 per year. That's $230 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% | $2,813 |
| Williamson County | County | 0.3694% | $1,021 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $276 |
| Williamson County FM/Rd | County | 0.0443% | $122 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $4,233 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $332,092 would pay approximately $2,073 per month (principal and interest only, excluding taxes and insurance).