651 FM 2843, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $140,535 and $985,866, with a best estimate of $249,246. 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
$249,246
$514,080
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $140,535 and $985,866. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$157,235 for 531 sqft less living space and +$9,039 for being newer. Net adjustment: -$148,196.
Adjusted -$16,286 for 55 sqft less living space and +$1,063 for being newer. Net adjustment: -$15,223.
Adjusted -$78,469 for 265 sqft less living space and +$4,785 for being newer. Net adjustment: -$73,684.
Adjusted -$211,127 for 713 sqft less living space and +$5,849 for being newer. Net adjustment: -$205,278.
Adjusted +$19,247 for 65 sqft more living space and -$2,658 for being older. Net adjustment: +$16,589.
The Neighborhood
This home is in line with the F001D30F - FLORENCE / BURNET ISD RURAL median of $511,796. Note that values in this subdivision declined 8.6% over the past year.
F001D30F - FLORENCE / BURNET ISD RURAL
typicalThis home is +0.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,876 across all districts. With a homestead exemption claimed, that drops to $6,355 — saving $1,521 per year. That's $530 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% | $5,234 |
| Williamson County | County | 0.3694% | $1,899 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $514 |
| Williamson County FM/Rd | County | 0.0443% | $228 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $7,876 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $249,246 would pay approximately $1,556 per month (principal and interest only, excluding taxes and insurance).