7479 W FM 487, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $428,684 and $1,421,613, with a best estimate of $950,082. 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
$950,082
$749,053
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 $428,684 and $1,421,613. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$525,893 for 1,776 sqft less living space and +$532 for being newer. Net adjustment: -$525,361.
Adjusted -$237,777 for 803 sqft less living space and +$4,785 for being newer. Net adjustment: -$232,992.
Adjusted +$157,827 for 533 sqft more living space and +$11,697 for being newer. Net adjustment: +$169,524.
Adjusted +$220,899 for 746 sqft more living space and +$9,570 for being newer. Net adjustment: +$230,469.
Adjusted +$309,436 for 1,045 sqft more living space and +$5,849 for being newer. Net adjustment: +$315,285.
The Neighborhood
This home is valued 46.4% 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 +46.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,475 across all districts. With a homestead exemption claimed, that drops to $9,911 — saving $1,564 per year. That's $826 per month a buyer should budget. The assessed value increased +67.3% vs the subdivision average of -8.6%. This above-average increase gives a protest opportunity score of 100 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Florence ISD | School | 1.0182% | $7,627 |
| Williamson County | County | 0.3694% | $2,767 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $749 |
| Williamson County FM/Rd | County | 0.0443% | $332 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $11,475 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $950,082 would pay approximately $5,930 per month (principal and interest only, excluding taxes and insurance).