718 S PATTERSON AVE, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $10,688,110 and $16,729,807, with a best estimate of $10,824,972. That places the property above the N10CS - Florence School median of $271,560, in a neighborhood that declined 3.3% over the past year.
Estimated Value Range
$10,824,972
$7,661,345
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in N10CS - Florence School. The estimated range of $10,688,110 and $16,729,807 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$5,872,176 for 24,320 sqft more living space and +$1,315 for being newer. Net adjustment: +$5,873,491.
Adjusted +$10,691,610 for 44,280 sqft more living space and -$101 for being older. Net adjustment: +$10,691,509.
Adjusted +$10,730,243 for 44,440 sqft more living space and +$607 for being newer. Net adjustment: +$10,730,850.
Adjusted +$10,766,944 for 44,592 sqft more living space and -$607 for being older. Net adjustment: +$10,766,337.
Adjusted +$10,488,788 for 43,440 sqft more living space and -$1,214 for being older. Net adjustment: +$10,487,574.
The Neighborhood
This home is valued 2721.2% above the N10CS - Florence School median of $271,560. With 6 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.3% over the past year.
N10CS - Florence School
outlier highThis home is +2721.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $162,001 across all districts. With a homestead exemption claimed, that drops to $159,160 — saving $2,841 per year. That's $13,263 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% | $78,008 |
| Florence | City | 0.5826% | $44,631 |
| Williamson County | County | 0.3694% | $28,305 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $7,661 |
| Williamson County FM/Rd | County | 0.0443% | $3,396 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1145% | $162,001 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $10,824,972 would pay approximately $67,569 per month (principal and interest only, excluding taxes and insurance).