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Verified property facts
7993 Fm 487 W is listed at $699,000 with 2 bedrooms, 2 full bathrooms, 1,080 square feet, 10.50-acre lot. This places it above the 76527 median of $505,000.
7993 Fm 487 W is zoned for Florence ISD with assigned schools: Florence (elementary), Florence (middle), Florence (high). School assignments should be verified directly with the district.
7993 Fm 487 W is a Residential built in 2022 featuring 2 bedrooms, 2 full bathrooms, 1,080 square feet, 10.50-acre lot.
7993 Fm 487 W is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 7993 Fm 487 W is $5,852. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Price Change with current price, original ask, and market time.
Escape to the freedom of 10.5 private acres in Central Texas with no HOA and a low 1.6% tax rate, offering the ideal setting to build your dream homestead while enjoying the land today. The existing 2-bedroom, 2-bath living quarters provide a comfortable place to stay while you design and build your future custom home. Included with the property are custom building plans for a 3-bed, 3-bath, 2,800-square-foot residence, allowing you to bring your vision to life while already enjoying the property. The land is also equipped with an expanded septic system designed to accommodate a second, larger home. Surrounded by mature trees and wide-open skies, the property invites you to create the lifestyle many dream about. Spend evenings around the fire pit, explore ATV trails weaving through the trees, or enjoy watching the native wildlife, including whitetail deer that frequently cross the property. With 10.5 usable acres, the possibilities are endless for those looking to bring horses or farm animals or create a private ranch or equestrian setup. A standout feature is the 1,320 sq ft workshop, providing ample space for equipment, hobbies, or ranch projects. The property is serviced by a private water well with filtration, UV treatment, and a water softener, along with a tankless water heater and propane system. An electrical panel with a 50-amp outlet for a whole-house generator backup adds peace of mind and preparedness for country living. Reliable high-speed internet through SOS with Starlink availability allows you to stay connected while enjoying peaceful country living. Located less than a mile from Florence Vineyard with convenient access to I-35 and surrounding Central Texas communities, this property offers the rare opportunity to enjoy the land today while building the legacy property you've always envisioned.
Property Type
Residential
Year Built
2022
Lot Size
10.50 acres
$/Sq Ft
$647
Garage
4 spaces
Listed by eXp Realty, LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026 | — | $698,917 | $406,518 | $292,399 |
Florence ISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($140K)
$699,000
Luxury property intelligence
A sourced read on F001D30F - FLORENCE / BURNET ISD RURAL pricing, timing, and property scale. No automated valuation claim.
List price
$699,000
Price per sqft
$647/sqft
Vs. F001D30F - FLORENCE / BURNET ISD RURAL median
Not available
Days on market
62 days
Original to current
No verified reduction
$699K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 10, 2026.
Request Private Market AnalysisWith 20% down ($139,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 7993 Fm 487 W is around $4,115 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $699,000, 7993 Fm 487 W is in the F001D30F - FLORENCE / BURNET ISD RURAL market where there are currently 19 active listings in 76527.
7993 Fm 487 W was built in 2022, making it 4 years old with relatively recent construction.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
3 events on record
Current Price
$699,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026 | — | $698,917 | $406,518 | $292,399 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Best Match
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