1241 N PATTERSON AVE, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $-23,716 and $202,313, with a best estimate of $141,093. 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
$141,093
$138,900
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 $-23,716 and $202,313. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$97,124 for 328 sqft less living space and -$2,658 for being older. Net adjustment: -$99,782.
Adjusted -$74,620 for 252 sqft less living space and -$17,014 for being older. Net adjustment: -$91,634.
Adjusted -$52,116 for 176 sqft less living space and -$4,254 for being older. Net adjustment: -$56,370.
Adjusted -$319,800 for 1,080 sqft less living space and -$4,254 for being older. Net adjustment: -$324,054.
Adjusted -$204,613 for 691 sqft less living space and -$9,570 for being older. Net adjustment: -$214,183.
The Neighborhood
This home is valued 72.9% 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 -72.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,128 across all districts. With a homestead exemption claimed, that drops to $688 — saving $1,440 per year. That's $57 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% | $1,414 |
| Williamson County | County | 0.3694% | $513 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $139 |
| Williamson County FM/Rd | County | 0.0443% | $62 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $2,128 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $141,093 would pay approximately $881 per month (principal and interest only, excluding taxes and insurance).