Montalba, Texas Property Taxes
The median property tax rate in Montalba, TX is 1.03%, slightly higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Montalba at $154,653, the typical annual property tax bill amounts to $1,517, which is below the national median of $2,690. Property taxes in Montalba are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Montalba's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Montalba or another part of Anderson County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Montalba, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.03%
Estimate Property Tax Bill
$1,593
$1,474
Ownwell’s Montalba Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Montalba with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Montalba to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by Anderson County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Montalba, Texas
Property taxes in Montalba, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Montalba is 1.03%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Montalba set these rates annually, and they can vary significantly across different neighborhoods. Each year, Montalba estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Montalba's effective property tax rate to other counties in Texas and the national median. For comparison, the 75853 zip code has the highest median property tax rate of 1.03%, while the 75853 zip code also has the lowest median tax rate of 1.03%. Understanding how these cities compare with Montalba provides valuable insights into the varying tax landscape across Anderson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Montalba Tax Rate
1.03%
Average Anderson County Tax Rate
1.48%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Montalba, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75853 | 0.39% | 0.71% | 1.03% | 1.32% | 1.62% |
Source: Ownwell
Property Tax Assessment Values Across Montalba, Texas
In Montalba, Texas, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Anderson County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Montalba, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. The median home price in Montalba is $154,653, with annual tax bills ranging from $682 at the 25th percentile to $4,372 at the 90th percentile. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Montalba helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Montalba Assessed Value
$154,653
Average Anderson County Assessed Value
$116,310
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Montalba, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75853 | $28,659 | $70,710 | $154,653 | $341,400 | $596,654 |
Source: Ownwell
Property Tax Bills Across Montalba, Texas
In Montalba, property tax bills are calculated based on the assessed value of the property, which is determined by the Anderson County Appraisal District. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property size, location, and market conditions influence the assessed value. For homeowners in Montalba, the median home price is $154,653. Property tax bills can vary widely; for instance, the tax bill at the 25th percentile is $682, while at the 75th percentile, it is $2732. At the 90th percentile, homeowners might see tax bills as high as $4372. Despite these variations, the highest and lowest median tax bills in the area are both $1517, which is significantly lower than the national median property tax rate of 0.99%. This relatively low tax burden can make homeownership more affordable and attractive in Montalba, providing a financial advantage compared to other regions.
Average Montalba Tax Bill
$1,517
Average Anderson County Tax Bill
$1,775
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Montalba, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75853 | $285 | $682 | $1,517 | $2,732 | $4,372 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | November 30 |
| Due Date #2 | June 30 |
Links | |
|---|---|
| Anderson Appraisal District | |
| Website | search.andersoncad.net |