1200 N PATTERSON AVE, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $365,563 and $739,527, with a best estimate of $550,019. That places the property above the F001D30F - FLORENCE / BURNET ISD RURAL median of $511,796, in a neighborhood that declined 8.6% over the past year.
Estimated Value Range
$550,019
$225,676
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in F001D30F - FLORENCE / BURNET ISD RURAL, this home's estimated market value is between $365,563 and $739,527. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$21,912 for 74 sqft more living space and -$29,243 for being older. Net adjustment: -$7,331.
Adjusted +$100,678 for 340 sqft more living space and -$38,813 for being older. Net adjustment: +$61,865.
Adjusted -$20,136 for 68 sqft less living space and -$35,623 for being older. Net adjustment: -$55,759.
Adjusted +$86,464 for 292 sqft more living space and -$38,282 for being older. Net adjustment: +$48,182.
Adjusted +$273,607 for 924 sqft more living space and -$23,926 for being older. Net adjustment: +$249,681.
The Neighborhood
This home is valued 55.9% 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 -55.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,457 across all districts. With a homestead exemption claimed, that drops to $1,990 — saving $1,467 per year. That's $166 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% | $2,298 |
| Williamson County | County | 0.3694% | $834 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $226 |
| Williamson County FM/Rd | County | 0.0443% | $100 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $3,457 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $550,019 would pay approximately $3,433 per month (principal and interest only, excluding taxes and insurance).