401 N PATTERSON AVE, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $66,517 and $952,282, with a best estimate of $96,242. 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
$96,242
$223,364
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 $66,517 and $952,282. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$289,861 for 2,166 sqft less living space and +$16,970 for being newer. Net adjustment: -$272,891.
Adjusted -$30,110 for 225 sqft less living space and +$6,364 for being newer. Net adjustment: -$23,746.
Adjusted -$160,187 for 1,197 sqft less living space and +$84,850 for being newer. Net adjustment: -$75,337.
Adjusted -$156,440 for 1,169 sqft less living space and +$78,486 for being newer and -$29,356 for no garage. Net adjustment: -$107,310.
Adjusted -$209,300 for 1,564 sqft less living space and +$49,849 for being newer. Net adjustment: -$159,451.
The Neighborhood
This home is valued 17.0% above the F301D30I - FLORENCE ISD CITY median of $190,830. With 307 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 2.7% over the past year.
F301D30I - FLORENCE ISD CITY
above averageThis home is +17.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $4,723 across all districts. With a homestead exemption claimed, that drops to $3,256 — saving $1,467 per year. That's $271 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% | $2,274 |
| Florence | City | 0.5826% | $1,301 |
| Williamson County | County | 0.3694% | $825 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $223 |
| Williamson County FM/Rd | County | 0.0443% | $99 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1145% | $4,723 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $96,242 would pay approximately $601 per month (principal and interest only, excluding taxes and insurance).