12380 N Fm 487, Florence TX 76527

Florence, TX 76527 | Mj Wells Surv Abs #646

Ed's Opinion of Value

$217,503 Ed's Estimate: $576,506 $895,000
Lowest Comp Recommended List: $565,000 to $588,000 Highest Comp

Listing History

$2,800,000 List Price
$483,860 Comp Value
1 Price Reductions

This property was listed at $2,800,000 and withdrawn after 134 days on market. The price was reduced from $3,200,000 to $2,800,000. This listing activity factors into the valuation.

Based on 7 closed sales in 76527, the data points to a value around $576,506 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $565,000 to $588,000. This home's position in the current 76527 market: the 2nd least expensive of 4 comparable homes on the market among comparable properties. At 685 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 2006 (8 years newer than comps) is factored into the value estimate. The strength of this estimate comes from 7 directly comparable sales in 76527. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
3 Beds
2 Baths 2 Full
2,389 Sq Ft
44.66 Acres
2006 Built

About This Property

*BIG PRICE REDUCTION!!* They aren't making anymore land! This beautiful property consists of just over 44 acres, including a 1 acre homesite with NO RESTRICTIONS. This property offers a rare opportunity to own prime Texas land just outside of Florence, with easy access to FM 487 and all the growth and amenities in nearby Jarrell. With an agricultural exemption already in place, this property provides significant tax savings while offering endless potential for ranching, farming, recreation, or future development. A one-acre homesite is already established, complete with electric utilities and septic. The existing home on the property needs some TLC but could be transformed into a dream residence, rental, or weekend retreat. With wide-open spaces and the convenience of nearby shopping, dining, and entertainment, this is the perfect opportunity for those seeking a private yet well-connected property. The stars at night are big and bright on this property, so waltz on over and claim your home on the range!

Features

  • Primary Bedroom on Main
  • Recessed Lighting

Location

Schools

School District Florence ISD
Elementary Florence
Middle School Florence
High School Florence

Property Details

Property Type Residential
Flooring Laminate, Tile
Cooling Central Air
Heating Central, Fireplace(s)
Exterior Private Entrance, Private Yard, Restricted Access
MLS # 4610784

Tax Information

Annual Taxes $7,081 (2024)

Listing History

MLS# 4610784 134 days
May 19, 2025 Off Market
Mar 14, 2025 Price Change $2,800,000
Jan 5, 2025 Listed $3,200,000

Frequently Asked Questions About 12380 N Fm 487, Florence TX 76527

When was 12380 N Fm 487, Florence TX 76527 built?

12380 N Fm 487, Florence TX 76527 was built in 2006.

How much does 12380 N Fm 487, Florence TX 76527 cost?

12380 N Fm 487, Florence TX 76527 is currently off market.

Similar Properties

Browse More Properties

Request Tour

Contact Agent

Interested in this property?

Get more information or schedule a tour

By submitting this form, you consent to receive communications from Neuhaus Realty Group via phone, email, or text regarding your property inquiry. You may opt out at any time. Your information will not be shared. See our Privacy Policy.