1055 FM 970, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $160,603 and $449,981, with a best estimate of $391,170. 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
$391,170
$898,826
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 $160,603 and $449,981. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$48,266 for 163 sqft less living space and -$10,102 for being older. Net adjustment: -$58,368.
Adjusted -$71,363 for 241 sqft less living space and -$5,849 for being older and -$47,268 for no pool. Net adjustment: -$124,480.
Adjusted +$13,325 for 45 sqft more living space and -$5,317 for being older. Net adjustment: +$8,008.
Adjusted -$54,188 for 183 sqft less living space. Net adjustment: -$54,188.
Adjusted -$122,590 for 414 sqft less living space and +$6,912 for being newer. Net adjustment: -$115,678.
The Neighborhood
This home is valued 75.6% 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 +75.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,354 across all districts. With a homestead exemption claimed, that drops to $3,864 — saving $1,490 per year. That's $322 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% | $3,558 |
| Williamson County | County | 0.3694% | $1,291 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $349 |
| Williamson County FM/Rd | County | 0.0443% | $155 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $5,354 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $391,170 would pay approximately $2,442 per month (principal and interest only, excluding taxes and insurance).