470 FM 970, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $247,922 and $586,560, with a best estimate of $333,624. 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
$333,624
$357,353
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 $247,922 and $586,560. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$36,718 for 124 sqft less living space and +$11,165 for being newer. Net adjustment: -$25,553.
Adjusted +$46,786 for 158 sqft more living space and -$13,824 for being older. Net adjustment: +$32,962.
Adjusted -$156,643 for 529 sqft less living space and -$5,849 for being older. Net adjustment: -$162,492.
Adjusted -$7,403 for 25 sqft less living space and +$6,912 for being newer. Net adjustment: -$491.
Adjusted -$18,063 for 61 sqft less living space and +$10,634 for being newer. Net adjustment: -$7,429.
The Neighborhood
This home is valued 30.2% 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 -30.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,475 across all districts. With a homestead exemption claimed, that drops to $3,983 — saving $1,492 per year. That's $332 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% | $3,639 |
| Williamson County | County | 0.3694% | $1,320 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $357 |
| Williamson County FM/Rd | County | 0.0443% | $158 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $5,475 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $333,624 would pay approximately $2,082 per month (principal and interest only, excluding taxes and insurance).