5046 Highway 138, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $173,678 and $575,334, with a best estimate of $351,285. 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
$351,285
$568,619
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 $173,678 and $575,334. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$65,441 for 221 sqft less living space and +$3,190 for being newer. Net adjustment: -$62,251.
Adjusted -$149,240 for 504 sqft less living space. Net adjustment: -$149,240.
Adjusted -$323,353 for 1,092 sqft less living space and +$7,444 for being newer. Net adjustment: -$315,909.
Adjusted -$74,620 for 252 sqft less living space and +$48,915 for being newer. Net adjustment: -$25,705.
Adjusted -$345,266 for 1,166 sqft less living space and +$3,722 for being newer. Net adjustment: -$341,544.
The Neighborhood
This home is valued 11.1% 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
typicalThis home is +11.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,711 across all districts. With a homestead exemption claimed, that drops to $7,181 — saving $1,530 per year. That's $598 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% | $5,790 |
| Williamson County | County | 0.3694% | $2,101 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $569 |
| Williamson County FM/Rd | County | 0.0443% | $252 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $8,711 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $351,285 would pay approximately $2,193 per month (principal and interest only, excluding taxes and insurance).