3951 FM 970, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $78,017 and $7,390,447, with a best estimate of $291,135. 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
$291,135
$413,259
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $78,017 and $7,390,447. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$25,762 for 87 sqft more living space and -$10,102 for being older. Net adjustment: +$15,660.
Adjusted +$4,146 for 14 sqft more living space and -$7,444 for being older. Net adjustment: -$3,298.
Adjusted +$57,446 for 194 sqft more living space and -$10,102 for being older. Net adjustment: +$47,344.
Adjusted +$7,699 for 26 sqft more living space and -$15,951 for being older. Net adjustment: -$8,252.
Adjusted -$223,564 for 755 sqft less living space and -$18,077 for being older. Net adjustment: -$241,641.
The Neighborhood
This home is valued 19.3% 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 -19.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,988 across all districts. With a homestead exemption claimed, that drops to $4,490 — saving $1,498 per year. That's $374 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% | $3,980 |
| Williamson County | County | 0.3694% | $1,444 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $391 |
| Williamson County FM/Rd | County | 0.0443% | $173 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $5,988 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $291,135 would pay approximately $1,817 per month (principal and interest only, excluding taxes and insurance).