407 S PATTERSON AVE, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $41,048 and $132,878, with a best estimate of $118,054. 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
$118,054
$88,746
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 $41,048 and $132,878. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$14,988 for 112 sqft less living space and +$23,334 for being newer. Net adjustment: +$8,346.
Adjusted -$18,468 for 138 sqft less living space and -$2,121 for being older. Net adjustment: -$20,589.
Adjusted -$10,572 for 79 sqft less living space and +$13,788 for being newer and -$29,356 for no garage. Net adjustment: -$26,140.
Adjusted +$14,988 for 112 sqft more living space and -$5,303 for being older. Net adjustment: +$9,685.
Adjusted +$25,694 for 192 sqft more living space and -$8,485 for being older and -$29,356 for no garage. Net adjustment: -$12,147.
The Neighborhood
This home is valued 53.5% 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
outlier lowThis home is -53.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $1,877 across all districts. With a homestead exemption claimed, that drops to $954 — saving $923 per year. That's $80 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% | $904 |
| Florence | City | 0.5826% | $517 |
| Williamson County | County | 0.3694% | $328 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $89 |
| Williamson County FM/Rd | County | 0.0443% | $39 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1145% | $1,877 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $118,054 would pay approximately $737 per month (principal and interest only, excluding taxes and insurance).