501 FM 2843, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $304,113 and $686,191, with a best estimate of $519,845. 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
$519,845
$656,481
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 $304,113 and $686,191. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$172,041 for 581 sqft more living space and +$2,658 for being newer. Net adjustment: +$174,699.
Adjusted +$156,643 for 529 sqft more living space and +$5,849 for being newer. Net adjustment: +$162,492.
Adjusted -$127,328 for 430 sqft less living space and +$12,229 for being newer. Net adjustment: -$115,099.
Adjusted -$37,902 for 128 sqft less living space and +$3,722 for being newer. Net adjustment: -$34,180.
Adjusted -$162,269 for 548 sqft less living space and +$2,127 for being newer. Net adjustment: -$160,142.
The Neighborhood
This home is valued 28.3% 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
above averageThis home is +28.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,057 across all districts. With a homestead exemption claimed, that drops to $8,510 — saving $1,547 per year. That's $709 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% | $6,684 |
| Williamson County | County | 0.3694% | $2,425 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $656 |
| Williamson County FM/Rd | County | 0.0443% | $291 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $10,057 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $519,845 would pay approximately $3,245 per month (principal and interest only, excluding taxes and insurance).