500 PATTERSON AVE N, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $93,269 and $251,656, with a best estimate of $182,391. 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
$182,391
$129,815
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 $93,269 and $251,656. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$30,512 for 228 sqft less living space and +$6,364 for being newer. Net adjustment: -$24,148.
Adjusted -$39,076 for 292 sqft less living space and +$15,909 for being newer. Net adjustment: -$23,167.
Adjusted +$3,212 for 24 sqft more living space and -$15,909 for being older. Net adjustment: -$12,697.
Adjusted -$32,653 for 244 sqft less living space and +$5,303 for being newer. Net adjustment: -$27,350.
Adjusted -$77,751 for 581 sqft less living space and +$9,546 for being newer and -$29,356 for no garage. Net adjustment: -$97,561.
The Neighborhood
This home is valued 32.0% 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
below averageThis home is -32.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,745 across all districts. With a homestead exemption claimed, that drops to $1,399 — saving $1,346 per year. That's $117 per month a buyer should budget. The assessed value increased +16.4% vs the subdivision average of -2.7%. This above-average increase gives a protest opportunity score of 75 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Florence ISD | School | 1.0182% | $1,322 |
| Florence | City | 0.5826% | $756 |
| Williamson County | County | 0.3694% | $480 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $130 |
| Williamson County FM/Rd | County | 0.0443% | $58 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1145% | $2,745 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $182,391 would pay approximately $1,138 per month (principal and interest only, excluding taxes and insurance).