9233 FM 487 E, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $149,647 and $3,384,652, with a best estimate of $310,864. 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
$310,864
$124,878
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 $149,647 and $3,384,652. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$353,557 for 1,194 sqft less living space and -$13,292 for being older. Net adjustment: -$366,849.
Adjusted -$114,891 for 388 sqft less living space and -$28,179 for being older. Net adjustment: -$143,070.
Adjusted -$103,935 for 351 sqft less living space and -$23,926 for being older. Net adjustment: -$127,861.
Adjusted +$58,630 for 198 sqft more living space and +$19,672 for being newer. Net adjustment: +$78,302.
Adjusted +$592 for 2 sqft more living space and -$24,458 for being older. Net adjustment: -$23,866.
The Neighborhood
This home is valued 75.6% 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 -75.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $1,913 across all districts. With a homestead exemption claimed, that drops to $619 — saving $1,294 per year. That's $52 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% | $1,272 |
| Williamson County | County | 0.3694% | $461 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $125 |
| Williamson County FM/Rd | County | 0.0443% | $55 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $1,913 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $310,864 would pay approximately $1,940 per month (principal and interest only, excluding taxes and insurance).