7940 FM 970, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $48,742 and $386,104, with a best estimate of $242,073. That places the property above the AM30DDXI - MH- SFL/SJA median of $229,079, in a neighborhood that appreciated 26.8% over the past year.
Estimated Value Range
$242,073
$646,306
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 $48,742 and $386,104. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$34,979 for 280 sqft less living space. Net adjustment: -$34,979.
Adjusted +$59,464 for 476 sqft more living space and +$19,193 for being newer. Net adjustment: +$78,657.
Adjusted -$16,990 for 136 sqft less living space and +$82,254 for being newer. Net adjustment: +$65,264.
Adjusted +$3,748 for 30 sqft more living space and -$54,836 for being older and -$119,778 for no garage. Net adjustment: -$170,866.
Adjusted -$32,980 for 264 sqft less living space and +$82,254 for being newer. Net adjustment: +$49,274.
The Neighborhood
This home is valued 182.1% above the AM30DDXI - MH- SFL/SJA median of $229,079. With 860 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 26.8% over the past year.
AM30DDXI - MH- SFL/SJA
outlier highThis home is +182.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,901 across all districts. With a homestead exemption claimed, that drops to $8,356 — saving $1,545 per year. That's $696 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% | $6,581 |
| Williamson County | County | 0.3694% | $2,388 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $646 |
| Williamson County FM/Rd | County | 0.0443% | $287 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $9,901 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $242,073 would pay approximately $1,511 per month (principal and interest only, excluding taxes and insurance).