305 COLLEGE AVE, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $183,321 and $301,384, with a best estimate of $202,770. That places the property above the F301D30I - FLORENCE ISD CITY median of $190,830, in a neighborhood that declined 2.7% over the past year.
Estimated Value Range
$202,770
$267,887
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 $183,321 and $301,384. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$18,468 for 138 sqft less living space and -$22,273 for being older. Net adjustment: -$40,741.
Adjusted +$33,054 for 247 sqft more living space and +$18,031 for being newer. Net adjustment: +$51,085.
Adjusted +$669 for 5 sqft more living space and -$5,303 for being older. Net adjustment: -$4,634.
Adjusted -$53,931 for 403 sqft less living space and +$10,606 for being newer. Net adjustment: -$43,325.
Adjusted +$80,428 for 601 sqft more living space and +$10,606 for being newer. Net adjustment: +$91,034.
The Neighborhood
This home is valued 40.4% 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 +40.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,665 across all districts. With a homestead exemption claimed, that drops to $4,190 — saving $1,475 per year. That's $349 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% | $2,728 |
| Florence | City | 0.5826% | $1,561 |
| Williamson County | County | 0.3694% | $990 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $268 |
| Williamson County FM/Rd | County | 0.0443% | $119 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1145% | $5,665 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $202,770 would pay approximately $1,266 per month (principal and interest only, excluding taxes and insurance).