1941 FM 2843, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $190,668 and $699,603, with a best estimate of $256,148. 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
$256,148
$272,895
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 $190,668 and $699,603. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$15,990 for 54 sqft more living space and -$15,419 for being older. Net adjustment: +$571.
Adjusted -$141,245 for 477 sqft less living space and -$6,380 for being older. Net adjustment: -$147,625.
Adjusted -$62,479 for 211 sqft less living space and -$10,634 for being older. Net adjustment: -$73,113.
Adjusted -$169,079 for 571 sqft less living space and +$4,254 for being newer. Net adjustment: -$164,825.
Adjusted +$48,858 for 165 sqft more living space and +$12,229 for being newer. Net adjustment: +$61,087.
The Neighborhood
This home is valued 46.7% below the F001D30F - FLORENCE / BURNET ISD RURAL median of $511,796. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.6% over the past year.
F001D30F - FLORENCE / BURNET ISD RURAL
below averageThis home is -46.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,181 across all districts. With a homestead exemption claimed, that drops to $2,705 — saving $1,476 per year. That's $225 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% | $2,779 |
| Williamson County | County | 0.3694% | $1,008 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $273 |
| Williamson County FM/Rd | County | 0.0443% | $121 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $4,181 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $256,148 would pay approximately $1,599 per month (principal and interest only, excluding taxes and insurance).