507 STORY AVE, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $149,598 and $227,539, with a best estimate of $184,358. That places the property below the F301D30I - FLORENCE ISD CITY median of $190,830, in a neighborhood that declined 2.7% over the past year.
Estimated Value Range
$184,358
$264,982
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in F301D30I - FLORENCE ISD CITY, this home's estimated market value is between $149,598 and $227,539. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$18,468 for 138 sqft more living space and +$13,788 for being newer and -$29,356 for no garage. Net adjustment: +$2,900.
Adjusted -$21,546 for 161 sqft less living space and -$5,303 for being older. Net adjustment: -$26,849.
Adjusted +$55,001 for 411 sqft more living space. Net adjustment: +$55,001.
Adjusted -$29,709 for 222 sqft less living space and +$10,606 for being newer and -$29,356 for no garage. Net adjustment: -$48,459.
Adjusted +$27,300 for 204 sqft more living space and -$27,576 for being older. Net adjustment: -$276.
The Neighborhood
This home is valued 38.9% above the F301D30I - FLORENCE ISD CITY median of $190,830. With 307 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 2.7% over the past year.
F301D30I - FLORENCE ISD CITY
above averageThis home is +38.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $4,739 across all districts. With a homestead exemption claimed, that drops to $3,273 — saving $1,466 per year. That's $273 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% | $2,282 |
| Florence | City | 0.5826% | $1,306 |
| Williamson County | County | 0.3694% | $828 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $224 |
| Williamson County FM/Rd | County | 0.0443% | $99 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1145% | $4,739 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $184,358 would pay approximately $1,151 per month (principal and interest only, excluding taxes and insurance).