1427 N PATTERSON AVE, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $423,416 and $619,961, with a best estimate of $512,829. 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
$512,829
$219,573
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 $423,416 and $619,961. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$41,752 for 141 sqft less living space and -$15,951 for being older. Net adjustment: -$57,703.
Adjusted +$131,177 for 443 sqft more living space and -$1,063 for being older. Net adjustment: +$130,114.
Adjusted -$120,517 for 407 sqft less living space and -$6,380 for being older. Net adjustment: -$126,897.
Adjusted +$246,365 for 832 sqft more living space and -$6,380 for being older. Net adjustment: +$239,985.
Adjusted -$55,965 for 189 sqft less living space and -$15,419 for being older. Net adjustment: -$71,384.
The Neighborhood
This home is valued 57.1% 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 -57.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,364 across all districts. With a homestead exemption claimed, that drops to $1,898 — saving $1,466 per year. That's $158 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% | $2,236 |
| Williamson County | County | 0.3694% | $811 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $220 |
| Williamson County FM/Rd | County | 0.0443% | $97 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $3,364 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $512,829 would pay approximately $3,201 per month (principal and interest only, excluding taxes and insurance).