1228 N PATTERSON AVE, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $156,999 and $379,976, with a best estimate of $190,468. That places the property below the F001D30F - FLORENCE / BURNET ISD RURAL median of $511,796, in a neighborhood that declined 8.6% over the past year.
Estimated Value Range
$190,468
$366,661
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $156,999 and $379,976. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$115,187 for 389 sqft less living space and +$5,317 for being newer. Net adjustment: -$109,870.
Adjusted -$366,882 for 1,239 sqft less living space. Net adjustment: -$366,882.
Adjusted +$82,615 for 279 sqft more living space and -$2,127 for being older. Net adjustment: +$80,488.
Adjusted -$288,116 for 973 sqft less living space and -$9,570 for being older. Net adjustment: -$297,686.
Adjusted -$302,330 for 1,021 sqft less living space and -$9,039 for being older. Net adjustment: -$311,369.
The Neighborhood
This home is valued 28.4% 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
below averageThis home is -28.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,617 across all districts. With a homestead exemption claimed, that drops to $4,124 — saving $1,493 per year. That's $344 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% | $3,733 |
| Williamson County | County | 0.3694% | $1,355 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $367 |
| Williamson County FM/Rd | County | 0.0443% | $163 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $5,617 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $190,468 would pay approximately $1,189 per month (principal and interest only, excluding taxes and insurance).