Atlanta, Texas Property Taxes
The median property tax rate in Atlanta, TX is 1.81%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Atlanta, the typical annual property tax bill reaches $1,309, exceeding the national median of $2,690. Property taxes in Atlanta are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Atlanta'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 Atlanta 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
Atlanta, 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 Atlanta Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Atlanta with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Atlanta 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 Atlanta, Texas
Property taxes in Atlanta, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Atlanta is 1.81%, higher than both the Texas state median of 1.60% and the U.S. national median of 0.99%. Local government entities within Atlanta set these rates annually, and they can vary significantly across different neighborhoods. Each year, Atlanta 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 Atlanta's effective property tax rate to other counties in Texas and the national median. For comparison, the 75551 zip code has the highest median property tax rate of 1.81%, while the 75551 zip code also has the lowest median tax rate of 1.81%. Understanding how these cities compare with Atlanta provides valuable insights into the varying tax landscape across Cass County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Atlanta Tax Rate
1.81%
Average Cass County Tax Rate
1.43%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Atlanta, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75551 | 1.29% | 1.38% | 1.81% | 1.90% | 1.90% |
Source: Ownwell
Property Tax Assessment Values Across Atlanta, Texas
In Atlanta, 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 Cass 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 Atlanta, 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 instance, the median home price in Atlanta is $82,350, with tax bills ranging from $557 at the 25th percentile to $3,501 at the 90th percentile. The highest median tax bill is $1,309 in the zip code 75551. 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Atlanta Assessed Value
$82,350
Average Cass County Assessed Value
$69,430
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Atlanta, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75551 | $15,290 | $37,585 | $82,350 | $137,925 | $211,948 |
Source: Ownwell
Property Tax Bills Across Atlanta, Texas
In Atlanta, property tax bills are calculated based on the assessed value of a home, which is determined by the Cass County Appraisal District. The assessed value is a percentage of the property's market value, and this figure is then multiplied by the local tax rate. For instance, with a median home price of $82,350, homeowners can expect their tax bill to vary significantly. At the 25th percentile, tax bills are around $557, while at the 75th percentile, they rise to $2,231. The 90th percentile sees tax bills as high as $3,501. These variations are influenced by factors such as property location, improvements, and exemptions. Homeowners in the zip code 75551 experience a median tax bill of $1,309, reflecting the localized nature of tax assessments. Compared to the national median property tax rate of 0.99%, Atlanta's property taxes can be relatively moderate, but they still represent a significant expense that homeowners need to budget for annually.
Average Atlanta Tax Bill
$1,309
Average Cass County Tax Bill
$984
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Atlanta, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75551 | $211 | $557 | $1,309 | $2,231 | $3,501 |
Source: Ownwell