FM 487 W, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $151,707 and $1,270,651, with a best estimate of $212,140. That places the property below the F001D30F - FLORENCE / BURNET ISD RURAL median of $511,796, in a neighborhood that declined 8.6% over the past year.
Estimated Value Range
$212,140
$4,030,208
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 $151,707 and $1,270,651. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$225,045 for 760 sqft less living space and -$6,380 for being older. Net adjustment: -$231,425.
Adjusted -$333,125 for 1,125 sqft less living space and +$1,063 for being newer. Net adjustment: -$332,062.
Adjusted -$359,183 for 1,213 sqft less living space and -$3,190 for being older. Net adjustment: -$362,373.
Adjusted -$437,652 for 1,478 sqft less living space and +$1,595 for being newer. Net adjustment: -$436,057.
Adjusted -$481,773 for 1,627 sqft less living space and -$1,063 for being older. Net adjustment: -$482,836.
The Neighborhood
This home is valued 687.5% 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
outlier highThis home is +687.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $690 across all districts. With a homestead exemption claimed, that drops to $213 — saving $477 per year. That's $18 per month a buyer should budget. The assessed value increased 0.0% vs the subdivision average of -8.6%. This above-average increase gives a protest opportunity score of 43 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Florence ISD | School | 1.0182% | $458 |
| Williamson County | County | 0.3694% | $166 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $45 |
| Williamson County FM/Rd | County | 0.0443% | $20 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $690 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $212,140 would pay approximately $1,324 per month (principal and interest only, excluding taxes and insurance).