7060 W FM 487, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $477,332 and $6,031,054, with a best estimate of $1,555,244. That places the property above the F001D30F - FLORENCE / BURNET ISD RURAL median of $511,796, in a neighborhood that declined 8.6% over the past year.
Estimated Value Range
$1,555,244
$240,941
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 $477,332 and $6,031,054. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$248,733 for 840 sqft more living space. Net adjustment: +$248,733.
Adjusted -$103,047 for 348 sqft less living space and -$47,268 for no pool. Net adjustment: -$150,315.
Adjusted +$152,201 for 514 sqft more living space. Net adjustment: +$152,201.
Adjusted -$74,028 for 250 sqft less living space and -$7,975 for being older and -$47,268 for no pool. Net adjustment: -$129,271.
Adjusted +$170,560 for 576 sqft more living space and -$2,658 for being older. Net adjustment: +$167,902.
The Neighborhood
This home is valued 52.9% 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 -52.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,167 across all districts. With a homestead exemption claimed, that drops to $716 — saving $1,451 per year. That's $60 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% | $1,441 |
| Williamson County | County | 0.3694% | $523 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $141 |
| Williamson County FM/Rd | County | 0.0443% | $63 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $2,167 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,555,244 would pay approximately $9,708 per month (principal and interest only, excluding taxes and insurance).