1261 N PATTERSON AVE, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $42,599 and $302,095, with a best estimate of $238,682. 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
$238,682
$97,712
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $42,599 and $302,095. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$22,504 for 76 sqft more living space and -$14,356 for being older. Net adjustment: +$8,148.
Adjusted +$97,124 for 328 sqft more living space and +$2,658 for being newer. Net adjustment: +$99,782.
Adjusted -$107,488 for 363 sqft less living space and -$6,912 for being older. Net adjustment: -$114,400.
Adjusted -$24,873 for 84 sqft less living space and -$9,039 for being older. Net adjustment: -$33,912.
Adjusted -$222,676 for 752 sqft less living space and -$1,595 for being older. Net adjustment: -$224,271.
The Neighborhood
This home is valued 80.9% below the F001D30F - FLORENCE / BURNET ISD RURAL median of $511,796. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.6% over the past year.
F001D30F - FLORENCE / BURNET ISD RURAL
outlier lowThis home is -80.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $1,497 across all districts. With a homestead exemption claimed, that drops to $484 — saving $1,013 per year. That's $40 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% | $995 |
| Williamson County | County | 0.3694% | $361 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $98 |
| Williamson County FM/Rd | County | 0.0443% | $43 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $1,497 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $238,682 would pay approximately $1,490 per month (principal and interest only, excluding taxes and insurance).