FM 487, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $69,753 and $1,363,547, with a best estimate of $93,487. That places the property below the N10IS - Storage Warehouse-florence median of $1,632,920, in a neighborhood that appreciated 5.3% over the past year.
Estimated Value Range
$93,487
$5,830,572
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in N10IS - Storage Warehouse-florence. The estimated range of $69,753 and $1,363,547 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$104,447 for 496 sqft less living space. Net adjustment: -$104,447.
Adjusted +$24,427 for 116 sqft more living space. Net adjustment: +$24,427.
Adjusted -$131,402 for 624 sqft less living space. Net adjustment: -$131,402.
Adjusted -$173,728 for 825 sqft less living space and -$60,193 for no garage. Net adjustment: -$233,921.
Adjusted -$78,336 for 372 sqft less living space and -$60,193 for no garage. Net adjustment: -$138,529.
The Neighborhood
This home is valued 257.1% above the N10IS - Storage Warehouse-florence median of $1,632,920. With 23 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 5.3% over the past year.
N10IS - Storage Warehouse-florence
outlier highThis home is +257.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $63,475 across all districts. With a homestead exemption claimed, that drops to $61,284 — saving $2,191 per year. That's $5,107 per month a buyer should budget. The assessed value increased +6.3% vs the subdivision average of +5.3%. This increase gives a protest opportunity score of 30 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Florence ISD | School | 1.0182% | $42,187 |
| Williamson County | County | 0.3694% | $15,307 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $4,143 |
| Williamson County FM/Rd | County | 0.0443% | $1,837 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $63,475 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $93,487 would pay approximately $584 per month (principal and interest only, excluding taxes and insurance).