7803 W FM 487, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $569,322 and $1,800,053, with a best estimate of $723,999. 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
$723,999
$680,657
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 $569,322 and $1,800,053. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$57,149 for 193 sqft less living space and +$2,127 for being newer. Net adjustment: -$55,022.
Adjusted -$57,149 for 193 sqft less living space and +$2,127 for being newer. Net adjustment: -$55,022.
Adjusted -$101,566 for 343 sqft less living space and +$2,658 for being newer. Net adjustment: -$98,908.
Adjusted +$89,129 for 301 sqft more living space and -$2,658 for being older. Net adjustment: +$86,471.
Adjusted +$93,867 for 317 sqft more living space and +$3,190 for being newer. Net adjustment: +$97,057.
The Neighborhood
This home is valued 33.0% 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 +33.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,428 across all districts. With a homestead exemption claimed, that drops to $8,876 — saving $1,552 per year. That's $740 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% | $6,930 |
| Williamson County | County | 0.3694% | $2,515 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $681 |
| Williamson County FM/Rd | County | 0.0443% | $302 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $10,428 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $723,999 would pay approximately $4,519 per month (principal and interest only, excluding taxes and insurance).