407 E MAIN ST, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $43,774 and $235,377, with a best estimate of $80,150. That places the property below the F301D30I - FLORENCE ISD CITY median of $190,830, in a neighborhood that declined 2.7% over the past year.
Estimated Value Range
$80,150
$135,235
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in F301D30I - FLORENCE ISD CITY, this home's estimated market value is between $43,774 and $235,377. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$35,597 for 266 sqft more living space and +$8,485 for being newer. Net adjustment: +$44,082.
Adjusted -$27,434 for 205 sqft less living space and +$3,182 for being newer. Net adjustment: -$24,252.
Adjusted -$55,001 for 411 sqft less living space and +$3,182 for being newer. Net adjustment: -$51,819.
Adjusted -$107,326 for 802 sqft less living space and -$23,334 for being older. Net adjustment: -$130,660.
Adjusted -$40,147 for 300 sqft less living space and -$29,697 for being older. Net adjustment: -$69,844.
The Neighborhood
This home is valued 29.1% below the F301D30I - FLORENCE ISD CITY median of $190,830. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 2.7% over the past year.
F301D30I - FLORENCE ISD CITY
below averageThis home is -29.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,860 across all districts. With a homestead exemption claimed, that drops to $1,458 — saving $1,402 per year. That's $122 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% | $1,377 |
| Florence | City | 0.5826% | $788 |
| Williamson County | County | 0.3694% | $500 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $135 |
| Williamson County FM/Rd | County | 0.0443% | $60 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1145% | $2,860 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $80,150 would pay approximately $500 per month (principal and interest only, excluding taxes and insurance).