5695/5703 FM 487, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $246,204 and $2,054,696, with a best estimate of $603,155. That places the property below the N10IS - Storage Warehouse-florence median of $1,632,920, in a neighborhood that appreciated 5.3% over the past year.
Estimated Value Range
$603,155
$840,345
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in N10IS - Storage Warehouse-florence. The estimated range of $246,204 and $2,054,696 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$29,481 for 140 sqft less living space and -$60,193 for no garage. Net adjustment: -$89,674.
Adjusted -$2,738 for 13 sqft less living space and -$60,193 for no garage. Net adjustment: -$62,931.
Adjusted -$66,964 for 318 sqft less living space and -$60,193 for no garage. Net adjustment: -$127,157.
Adjusted -$13,898 for 66 sqft less living space. Net adjustment: -$13,898.
Adjusted +$50,960 for 242 sqft more living space. Net adjustment: +$50,960.
The Neighborhood
This home is valued 48.5% below the N10IS - Storage Warehouse-florence median of $1,632,920. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 5.3% over the past year.
N10IS - Storage Warehouse-florence
below averageThis home is -48.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,083 across all districts. With a homestead exemption claimed, that drops to $4,382 — saving $1,701 per year. That's $365 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 |
|---|---|---|---|
| Jarrell ISD | School | 1.1669% | $4,223 |
| Williamson County | County | 0.3694% | $1,337 |
| Williamson County ESD #5 - Jarrell | ESD | 0.1000% | $362 |
| Williamson County FM/Rd | County | 0.0443% | $160 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6807% | $6,083 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $603,155 would pay approximately $3,765 per month (principal and interest only, excluding taxes and insurance).