406 N PATTERSON AVE, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $123,905 and $232,406, with a best estimate of $142,492. 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
$142,492
$184,948
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 $123,905 and $232,406. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$64,771 for 484 sqft less living space and +$14,849 for being newer. Net adjustment: -$49,922.
Adjusted -$82,837 for 619 sqft less living space and +$3,182 for being newer. Net adjustment: -$79,655.
Adjusted -$117,631 for 879 sqft less living space and -$13,788 for being older and +$29,356 for having a garage. Net adjustment: -$102,063.
Adjusted +$16,193 for 121 sqft more living space and -$10,606 for being older and +$29,356 for having a garage. Net adjustment: +$34,943.
Adjusted -$17,531 for 131 sqft less living space and +$11,667 for being newer and +$29,356 for having a garage. Net adjustment: +$23,492.
The Neighborhood
This home is valued 3.1% 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
typicalThis home is -3.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,911 across all districts. With a homestead exemption claimed, that drops to $2,451 — saving $1,460 per year. That's $204 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% | $1,883 |
| Florence | City | 0.5826% | $1,077 |
| Williamson County | County | 0.3694% | $683 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $185 |
| Williamson County FM/Rd | County | 0.0443% | $82 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1145% | $3,911 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $142,492 would pay approximately $889 per month (principal and interest only, excluding taxes and insurance).