405 PATTERSON AVE, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $31,363 and $115,842, with a best estimate of $85,789. 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
$85,789
$107,075
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 $31,363 and $115,842. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$11,509 for 86 sqft more living space and +$6,364 for being newer. Net adjustment: +$17,873.
Adjusted -$14,988 for 112 sqft less living space and +$5,303 for being newer. Net adjustment: -$9,685.
Adjusted -$47,106 for 352 sqft less living space and -$13,788 for being older and -$29,356 for no garage. Net adjustment: -$90,250.
Adjusted -$33,456 for 250 sqft less living space and +$3,182 for being newer. Net adjustment: -$30,274.
Adjusted +$10,706 for 80 sqft more living space and -$3,182 for being older and -$29,356 for no garage. Net adjustment: -$21,832.
The Neighborhood
This home is valued 43.9% 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 -43.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,264 across all districts. With a homestead exemption claimed, that drops to $1,154 — saving $1,110 per year. That's $96 per month a buyer should budget. The assessed value increased +4.1% vs the subdivision average of -2.7%. This above-average increase gives a protest opportunity score of 34 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Florence ISD | School | 1.0182% | $1,090 |
| Florence | City | 0.5826% | $624 |
| Williamson County | County | 0.3694% | $396 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $107 |
| Williamson County FM/Rd | County | 0.0443% | $47 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1145% | $2,264 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $85,789 would pay approximately $535 per month (principal and interest only, excluding taxes and insurance).