12261 FM 487, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $-163,082 and $545,940, with a best estimate of $463,570. 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
$463,570
$1,158,832
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 $-163,082 and $545,940. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$218,826 for 739 sqft less living space and +$1,595 for being newer. Net adjustment: -$217,231.
Adjusted -$298,184 for 1,007 sqft less living space and +$1,595 for being newer and -$47,268 for no pool. Net adjustment: -$343,857.
Adjusted -$207,574 for 701 sqft less living space and -$9,039 for being older. Net adjustment: -$216,613.
Adjusted -$41,159 for 139 sqft less living space and -$6,912 for being older. Net adjustment: -$48,071.
Adjusted -$511,384 for 1,727 sqft less living space. Net adjustment: -$511,384.
The Neighborhood
This home is valued 126.4% 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 +126.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $3,398 across all districts. With a homestead exemption claimed, that drops to $1,932 — saving $1,466 per year. That's $161 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% | $2,259 |
| Williamson County | County | 0.3694% | $820 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $222 |
| Williamson County FM/Rd | County | 0.0443% | $98 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $3,398 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $463,570 would pay approximately $2,894 per month (principal and interest only, excluding taxes and insurance).