12300 FM 487 W, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $79,552 and $588,488, with a best estimate of $403,536. 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
$403,536
$269,546
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $79,552 and $588,488. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$74,916 for 253 sqft less living space and -$5,317 for being older. Net adjustment: -$80,233.
Adjusted -$258,209 for 872 sqft less living space and -$532 for being older. Net adjustment: -$258,741.
Adjusted -$179,443 for 606 sqft less living space and -$4,785 for being older. Net adjustment: -$184,228.
Adjusted -$100,974 for 341 sqft less living space and -$9,570 for being older. Net adjustment: -$110,544.
Adjusted -$3,553 for 12 sqft less living space and -$8,507 for being older. Net adjustment: -$12,060.
The Neighborhood
This home is valued 47.3% 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 -47.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,129 across all districts. With a homestead exemption claimed, that drops to $2,654 — saving $1,475 per year. That's $221 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% | $2,745 |
| Williamson County | County | 0.3694% | $996 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $270 |
| Williamson County FM/Rd | County | 0.0443% | $119 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $4,129 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $403,536 would pay approximately $2,519 per month (principal and interest only, excluding taxes and insurance).