Shady Shores, Texas Property Taxes
The median property tax rate in Shady Shores, TX, is 1.47%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Shady Shores at $348,513, the typical annual property tax bill reaches $4,726, exceeding the national median of $2,690. Property taxes in Shady Shores 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 Shady Shores' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Shady Shores 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
Shady Shores, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.47%
Estimate Property Tax Bill
$5,123
$4,740
$1,148
Average Shady Shores, Texas Tax Savings
Ownwell’s Shady Shores Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Shady Shores with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Shady Shores 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 Shady Shores. 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 Shady Shores, Texas
Property taxes in Shady Shores, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Shady Shores is 1.47%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Shady Shores set these rates annually, and they can vary significantly across different neighborhoods. Each year, Shady Shores 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 Shady Shores' effective property tax rate to other counties in Texas and the national median. For comparison, the 76208 zip code has the highest median property tax rate of 1.47%, while the 76208 zip code also has the lowest median tax rate of 1.47%. Understanding how these cities compare with Shady Shores provides valuable insights into the varying tax landscape across Denton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Shady Shores Tax Rate
1.47%
Average Denton County Tax Rate
1.65%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Shady Shores, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76208 | 1.04% | 1.27% | 1.47% | 1.65% | 1.65% |
Source: Ownwell
$1,148
Average Shady Shores Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Shady Shores, Texas
In Shady Shores, 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 Denton 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 Shady Shores, 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 Shady Shores helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Shady Shores has a median home price of $348,513, with tax bills ranging significantly. The lowest median tax bill is $4,726 in the 76208 zip code, while the highest reaches $13,927, highlighting the importance of understanding and managing property taxes effectively.
Average Shady Shores Assessed Value
$348,513
Average Denton County Assessed Value
$444,000
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Shady Shores, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76208 | $17,992 | $124,256 | $348,513 | $821,228 | $957,702 |
Source: Ownwell
$1,148
Average Shady Shores Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Shady Shores, Texas
In Shady Shores, Denton County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Shady Shores is $348,513, and the property tax rate is higher than the national median of 0.99%. Homeowners in this area can expect varying tax bills, with the 25th percentile at $2,017 and the 75th percentile reaching up to $11,610. The 90th percentile tax bill can be as high as $13,927. Factors influencing these bills include the home's assessed value, local tax rates, and applicable exemptions. High property taxes can significantly impact homeowners, increasing their annual expenses and affecting their overall financial health. Ownwell can assist homeowners by appealing their property tax assessments and identifying potential exemptions. By leveraging expert knowledge and data-driven insights, Ownwell helps ensure that homeowners are not overpaying on their property taxes, ultimately saving them money and reducing financial stress.
Average Shady Shores Tax Bill
$4,726
Average Denton County Tax Bill
$7,425
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Shady Shores, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76208 | $219 | $2,017 | $4,726 | $11,610 | $13,927 |
Source: Ownwell
$1,148
Average Shady Shores 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 | |
|---|---|
| Denton Appraisal District | |
| Phone | (940) 349-3910 |
| Website | esearch.dentoncad.com |
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