407 PATTERSON AVE, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $131,756 and $244,614, with a best estimate of $211,761. That places the property above the F301D30I - FLORENCE ISD CITY median of $190,830, in a neighborhood that declined 2.7% over the past year.
Estimated Value Range
$211,761
$263,348
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 $131,756 and $244,614. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$31,315 for 234 sqft more living space and -$30,758 for being older and -$29,356 for no garage. Net adjustment: -$28,799.
Adjusted +$63,432 for 474 sqft more living space and -$15,909 for being older. Net adjustment: +$47,523.
Adjusted +$95,951 for 717 sqft more living space and -$23,334 for being older. Net adjustment: +$72,617.
Adjusted +$94,479 for 706 sqft more living space and -$12,727 for being older. Net adjustment: +$81,752.
Adjusted +$46,035 for 344 sqft more living space and -$36,061 for being older and -$29,356 for no garage. Net adjustment: -$19,382.
The Neighborhood
This home is valued 38.0% 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 +38.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,569 across all districts. With a homestead exemption claimed, that drops to $4,094 — saving $1,475 per year. That's $341 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% | $2,681 |
| Florence | City | 0.5826% | $1,534 |
| Williamson County | County | 0.3694% | $973 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $263 |
| Williamson County FM/Rd | County | 0.0443% | $117 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1145% | $5,569 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $211,761 would pay approximately $1,322 per month (principal and interest only, excluding taxes and insurance).