Kopperl, Texas Property Taxes
The median property tax rate in Kopperl, TX is 1.08%, which is higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Kopperl at $113,552, the typical annual property tax bill amounts to $985, which is below the national median of $2,690. Property taxes in Kopperl are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Kopperl'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 Kopperl or another part of Bosque County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Kopperl, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$1,226
$1,135
Ownwell’s Kopperl Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kopperl with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kopperl 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 Kopperl, Texas
Property taxes in Kopperl, Texas, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kopperl is 1.08%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Kopperl set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kopperl 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 Kopperl's effective property tax rate to other counties in Texas and the national median. For comparison, the 76652 zip code has the highest median property tax rate of 1.08%, while the same zip code also has the lowest median tax rate of 1.08%. Understanding how these cities compare with Kopperl provides valuable insights into the varying tax landscape across Bosque County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kopperl Tax Rate
1.08%
Average Bosque County Tax Rate
1.22%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kopperl, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76652 | 0.49% | 0.73% | 1.08% | 1.20% | 1.20% |
Source: Ownwell
Property Tax Assessment Values Across Kopperl, Texas
In Kopperl, 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 Bosque 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 Kopperl, 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. 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 Kopperl helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Kopperl are both $985, found in the 76652 zip code.
Average Kopperl Assessed Value
$113,552
Average Bosque County Assessed Value
$159,096
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kopperl, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76652 | $24,973 | $57,495 | $113,552 | $207,602 | $336,564 |
Source: Ownwell
Property Tax Bills Across Kopperl, Texas
In Kopperl, located in Bosque County, TX, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is an estimate of the property's market value, which is periodically evaluated by the county's appraisal district. Factors influencing the tax bill include the property's size, location, and improvements, as well as any exemptions for which the homeowner may qualify. For example, with a median home price of $113,552, the tax bill can vary significantly. Homeowners in the 25th percentile pay around $436, while those in the 75th percentile face bills up to $1,932. The 90th percentile sees tax bills as high as $3,321. The highest and lowest median tax bills are both reported as $985.00 in the zip code 76652. Comparatively, the national median property tax rate is 0.99%, indicating that Kopperl's rates may offer some relief to homeowners. Understanding these factors helps homeowners anticipate their financial obligations and plan accordingly.
Average Kopperl Tax Bill
$985
Average Bosque County Tax Bill
$1,864
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Kopperl, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76652 | $166 | $436 | $985 | $1,932 | $3,321 |
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 | |
|---|---|
| Bosque Appraisal District | |
| Website | esearch.bosquecad.com |