Calculations of structure, redox potential and spin transition energies were performed using DFT approximations for a series of [Fe(bztpen)OR]2+/+ type FeIII/FeII systems (R=Me, Et, nPr, nBu), which have a temperature dependent spin crossover behavior. These compounds exhibit changes in redox and magnetic properties, related to structural variations quite important for their possible applications among which signal generator materials stand out. Functionals B3LYP, ωB97X−D and TPSS along with PCM solvation model were evaluated for redox potential, whereas for spin crossover the TPSSh functional was also included. The multireference character of these compounds was tested as well. Calculations were compared to experimental measurements, and ωB97X−D proved able to accurately describe the geometries observed in solid state for the low spin (LS) and high spin (HS) states; moreover, it had the best correlation between calculated and experimental redox potential values. However, in the description of the spin transition energies the TPSS functional is needed to correctly describe the LS state as the observed ground state in the complexes at low temperature, which allows to calculate proper spin transition curves as a function of temperature. From these results, we obtained suitable approximations for an accurate description of redox potential and magnetic properties for the FeIII coordination compounds, which can be extended to model similar systems.