Sunnyvale, Texas Property Taxes
The median property tax rate in Sunnyvale, TX is 1.56%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Sunnyvale at $610,000, the typical annual property tax bill reaches $9,295, far exceeding the national median of $2,690. Property taxes in Sunnyvale 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 Sunnyvale'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 Sunnyvale 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
Sunnyvale, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.56%
Estimate Property Tax Bill
$9,516
$8,805
$1,148
Average Sunnyvale, Texas Tax Savings
Ownwell’s Sunnyvale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sunnyvale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sunnyvale 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 Sunnyvale. 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 Sunnyvale, Texas
Property taxes in Sunnyvale, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sunnyvale is 1.56%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Sunnyvale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sunnyvale 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 Sunnyvale's effective property tax rate to other counties in Texas and the national median. For comparison, the 75182 zip code has the highest median property tax rate of 1.56%, while the same zip code also has the lowest median tax rate of 1.56%. Understanding how these cities compare with Sunnyvale 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 Sunnyvale Tax Rate
1.56%
Average Dallas County Tax Rate
1.71%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sunnyvale, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| N/A | N/A | N/A | N/A | N/A | |
| 75182 | 0.84% | 1.29% | 1.56% | 1.82% | 2.09% |
Source: Ownwell
$1,148
Average Sunnyvale Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Sunnyvale, Texas
In Sunnyvale, 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 Sunnyvale, 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 Sunnyvale is $610,000, with tax bills at the 25th percentile around $6,689 and at the 75th percentile approximately $11,707. Notably, the highest median tax bill is $9,295 in zip code 75182, while the lowest median tax bill is also $9,295 in the same zip code. 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 Sunnyvale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Sunnyvale Assessed Value
$610,000
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 Sunnyvale, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| N/A | N/A | N/A | N/A | N/A | |
| 75182 | $387,894 | $477,135 | $610,000 | $718,315 | $834,458 |
Source: Ownwell
$1,148
Average Sunnyvale Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Sunnyvale, Texas
In Sunnyvale, Dallas County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local appraisal district. The assessed value is then multiplied by the local tax rate to calculate the annual tax bill. For example, with a median home price of $610,000, homeowners can face tax bills ranging from $6,689 at the 25th percentile to $14,711 at the 90th percentile. This variability depends on factors such as property size, location, and improvements. Property taxes significantly impact homeowners, often representing a substantial portion of annual expenses. With the national median property tax rate at 0.99%, Sunnyvale's rates can be higher, leading to a considerable financial burden. Ownwell helps homeowners by providing expert property tax appeal and exemption services. By analyzing your property's assessed value and comparing it to market conditions, Ownwell can identify discrepancies and file appeals to potentially lower your tax bill. This service can result in significant savings, making homeownership more affordable.
Average Sunnyvale Tax Bill
$9,295
Average Dallas County Tax Bill
$4,794
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Sunnyvale, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| N/A | N/A | N/A | N/A | N/A | |
| 75182 | $3,722 | $6,689 | $9,295 | $11,707 | $14,711 |
Source: Ownwell
$1,148
Average Sunnyvale 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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