306 N PATTERSON AVE, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $242,971 and $316,367, with a best estimate of $255,692. 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
$255,692
$225,968
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 $242,971 and $316,367. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$34,794 for 260 sqft more living space and +$16,970 for being newer and -$29,356 for no garage. Net adjustment: +$22,408.
Adjusted +$52,860 for 395 sqft more living space and +$28,637 for being newer and -$29,356 for no garage. Net adjustment: +$52,141.
Adjusted -$80,562 for 602 sqft less living space and -$32,879 for being older. Net adjustment: -$113,441.
Adjusted +$49,113 for 367 sqft more living space and +$35,001 for being newer. Net adjustment: +$84,114.
Adjusted +$12,847 for 96 sqft more living space and +$3,182 for being newer. Net adjustment: +$16,029.
The Neighborhood
This home is valued 18.4% 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 +18.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $4,778 across all districts. With a homestead exemption claimed, that drops to $3,311 — saving $1,467 per year. That's $276 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% | $2,301 |
| Florence | City | 0.5826% | $1,316 |
| Williamson County | County | 0.3694% | $835 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $226 |
| Williamson County FM/Rd | County | 0.0443% | $100 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1145% | $4,778 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $255,692 would pay approximately $1,596 per month (principal and interest only, excluding taxes and insurance).