Balch Springs, Texas Property Taxes
The median property tax rate in Balch Springs, TX is 1.87%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Balch Springs at $194,520, the typical annual property tax bill reaches $3,455, exceeding the national median of $2,690. Property taxes in Balch Springs 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 Balch Springs' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Balch Springs 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
Balch Springs, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.87%
Estimate Property Tax Bill
$3,638
$3,366
$1,148
Average Balch Springs, Texas Tax Savings
Ownwell’s Balch Springs Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Balch Springs with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Balch Springs to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Balch Springs. 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 Balch Springs, Texas
Property taxes in Balch Springs, Texas, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Balch Springs is 1.87%, which is higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Balch Springs set these rates annually, and they can vary significantly across different neighborhoods. Each year, Balch Springs 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 Balch Springs' effective property tax rate to other counties in Texas and the national median. For comparison, the 75181 zip code has the highest median property tax rate of 1.98%, while the 75180 zip code has the lowest median tax rate of 1.86%. Understanding how these cities compare with Balch Springs provides valuable insights into the varying tax landscape across Dallas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Balch Springs Tax Rate
1.87%
Average Dallas County Tax Rate
1.71%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Balch Springs, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| N/A | N/A | N/A | N/A | N/A | |
| 75180 | 0.52% | 1.10% | 1.86% | 2.56% | 2.66% |
| 75181 | 1.52% | 1.95% | 1.98% | 2.66% | 2.66% |
Source: Ownwell
$1,148
Average Balch Springs Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Balch Springs, Texas
In Balch Springs, 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 Dallas 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 Balch Springs, 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 Balch Springs is $194,520, with tax bills ranging from $1,882 at the 25th percentile to $5,855 at the 90th percentile. Notably, the highest median tax bill is $5,445 in the 75181 zip code, while the lowest is $3,410 in the 75180 zip code. By understanding 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 Balch Springs helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Balch Springs, Texas
Source: Ownwell
$35,420
$1,172,740
$2,310,060
Average Balch Springs Assessed Value
$194,520
Average Dallas County Assessed Value
$276,620
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Balch Springs, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| N/A | N/A | N/A | N/A | N/A | |
| 75180 | $114,465 | $155,290 | $192,915 | $239,372 | $292,055 |
| 75181 | $113,951 | $243,088 | $269,825 | $297,508 | $329,523 |
Source: Ownwell
$1,148
Average Balch Springs Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Balch Springs, Texas
In Balch Springs, Dallas County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the Dallas Central Appraisal District. The median home price in Balch Springs is $194,520. Homeowners face a range of tax bills, with the 25th percentile at $1,882 and the 75th percentile at $4,769. The 90th percentile reaches up to $5,855. This variation is influenced by factors such as property location, home size, and local tax rates. For instance, the highest median tax bill in the area is $5,445 in the 75181 zip code, while the lowest is $3,410 in the 75180 zip code. Ownwell can help homeowners in Balch Springs save on their property tax bills by providing expert property tax appeal and exemption services. By analyzing your property’s assessed value and comparing it to market trends, Ownwell identifies potential discrepancies and files appeals on your behalf. This can lead to significant reductions in your property tax bill, ensuring you only pay your fair share.
Average Balch Springs Tax Bill
$3,455
Average Dallas County Tax Bill
$4,794
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Balch Springs, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| N/A | N/A | N/A | N/A | N/A | |
| 75180 | $710 | $1,844 | $3,410 | $4,674 | $5,735 |
| 75181 | $2,255 | $4,425 | $5,445 | $6,476 | $7,329 |
Source: Ownwell
$1,148
Average Balch Springs Tax Savings
Save on your property taxes & more with 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 | |
|---|---|
| Dallas Appraisal District | |
| Phone | (214) 631-0910 |
| Website | www.dallascad.org |
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