5150 FM 970, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $173,563 and $638,105, with a best estimate of $377,109. 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
$377,109
$177,321
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 $173,563 and $638,105. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$24,281 for 82 sqft less living space and -$7,975 for being older. Net adjustment: -$32,256.
Adjusted +$2,369 for 8 sqft more living space and -$20,204 for being older. Net adjustment: -$17,835.
Adjusted -$46,193 for 156 sqft less living space and -$22,331 for being older. Net adjustment: -$68,524.
Adjusted -$81,727 for 276 sqft less living space and -$13,292 for being older. Net adjustment: -$95,019.
Adjusted -$63,960 for 216 sqft less living space and -$17,014 for being older. Net adjustment: -$80,974.
The Neighborhood
This home is valued 65.4% 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
outlier lowThis home is -65.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,717 across all districts. With a homestead exemption claimed, that drops to $1,258 — saving $1,459 per year. That's $105 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% | $1,805 |
| Williamson County | County | 0.3694% | $655 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $177 |
| Williamson County FM/Rd | County | 0.0443% | $79 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $2,717 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $377,109 would pay approximately $2,354 per month (principal and interest only, excluding taxes and insurance).