Aransas Pass, Texas Property Taxes
The median property tax rate in Aransas Pass, TX is 0.40%, significantly lower than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Aransas Pass at $84,510, the typical annual property tax bill is $404, well below the national median of $2,690. Property taxes in Aransas Pass are calculated based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Aransas Pass'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 Aransas Pass or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Aransas Pass, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
Ownwell’s Aransas Pass Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Aransas Pass with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Aransas Pass 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 the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Aransas Pass, Texas
Property taxes in Aransas Pass, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Aransas Pass is 0.40%, lower than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Aransas Pass set these rates annually, and they can vary significantly across different neighborhoods. Each year, Aransas Pass 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 Aransas Pass's effective property tax rate to other counties in Texas and the national median. For comparison, the highest median property tax rate in Texas is 2.18%, while the lowest median tax rate is 0.61%. Understanding how these cities compare with Aransas Pass provides valuable insights into the varying tax landscape across Aransas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Aransas Pass Tax Rate
0.40%
Average Aransas County Tax Rate
1.40%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Aransas Pass, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78336 | 0.26% | 0.38% | 0.40% | 1.40% | 1.40% |
Source: Ownwell
Property Tax Assessment Values Across Aransas Pass, Texas
In Aransas Pass, 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 Aransas 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 Aransas Pass, 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. For example, the median home price in Aransas Pass is $84,510, with tax bills ranging from $180 at the 25th percentile to $3,633 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 Aransas Pass helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Aransas Pass Assessed Value
$84,510
Average Aransas County Assessed Value
$161,335
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Aransas Pass, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78336 | $21,668 | $42,985 | $84,510 | $171,435 | $324,105 |
Source: Ownwell
Property Tax Bills Across Aransas Pass, Texas
In Aransas Pass, property tax bills are calculated based on the assessed value of a property, which is determined by local appraisal districts. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For instance, with a median home price of $84,510, homeowners can expect varying tax bills depending on specific factors such as property location and applicable exemptions. Tax bills in Aransas Pass show significant variation. At the 25th percentile, homeowners see tax bills around $180, while those at the 75th percentile face bills closer to $1,004. For the top 10% of properties, tax bills can reach up to $3,633. Interestingly, the median tax bill for the area stands at $404, which is below the national median property tax rate of 0.99%. These property taxes directly impact homeowners by contributing to local services such as schools, infrastructure, and emergency services. Understanding these factors can help homeowners better prepare for their annual financial obligations.
Average Aransas Pass Tax Bill
$404
Average Aransas County Tax Bill
$1,939
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Aransas Pass, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78336 | $91 | $180 | $404 | $1,004 | $3,633 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
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Appeal Deadline | May 15 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | November 30 |
Due Date #2 | June 30 |
Links | |
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Aransas Appraisal District | |
Website | propaccess.trueautomation.com |