Energy, Texas Property Taxes
The median property tax rate in ENERGY, TX is 0.72%, considerably lower than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in ENERGY at $309,420, the typical annual property tax bill reaches $1,711, significantly below the national median of $2,690. Property taxes in ENERGY 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 ENERGY'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 ENERGY 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
Energy, 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 ENERGY Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in ENERGY with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in ENERGY 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 Energy, Texas
Property taxes in ENERGY, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in ENERGY is 0.72%, lower than both the Texas state median and the U.S. national median of 0.99%. Local government entities within ENERGY set these rates annually, and they can vary significantly across different neighborhoods. Each year, ENERGY 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 ENERGY's effective property tax rate to other counties in Texas and the national median. For comparison, the 76452 zip code has the highest median property tax rate of 0.72%, while the 76452 zip code also has the lowest median tax rate of 0.72%. Understanding how these cities compare with ENERGY provides valuable insights into the varying tax landscape across Comanche County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Energy Tax Rate
0.72%
Average Comanche County Tax Rate
1.49%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Energy, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76452 | 0.27% | 0.39% | 0.72% | 0.99% | 1.56% |
Source: Ownwell
Property Tax Assessment Values Across Energy, Texas
In ENERGY, 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 Comanche 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 ENERGY, 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 ENERGY helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 76452, with a median tax bill of $1711.00.
Average Energy Assessed Value
$309,420
Average Comanche County Assessed Value
$123,090
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Energy, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76452 | $70,630 | $134,455 | $309,420 | $447,995 | $657,956 |
Source: Ownwell
Property Tax Bills Across Energy, Texas
In ENERGY, property tax bills are calculated based on the assessed value of a home and the local tax rate set by Comanche County. The assessed value is determined by the county's appraisal district and reflects the market value of the property. Homeowners in ENERGY can expect their tax bills to vary significantly depending on the assessed value of their homes. For instance, the tax bill at the 25th percentile is $1,038, while at the 75th percentile, it rises to $2,582. The 90th percentile tax bill reaches up to $2,877. These figures highlight the range of property tax burdens on homeowners in ENERGY compared to the national median property tax rate of 0.99%. The highest median tax bill in the area is $1,711, found in the 76452 zip code. Understanding these factors is crucial for homeowners as property taxes directly impact household finances and the overall cost of homeownership in ENERGY.
Average Energy Tax Bill
$1,711
Average Comanche County Tax Bill
$1,545
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Energy, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76452 | $680 | $1,038 | $1,711 | $2,582 | $2,877 |
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 | |
|---|---|
| Comanche Appraisal District | |
| Website | esearch.comanchecad.org |