Tx, Texas Property Taxes
The median property tax rate in Denton, TX is 1.42%, which is considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Denton, the typical annual property tax bill reaches $1,428, exceeding the national median of $2,690. Property taxes in Denton 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 Denton'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 Denton 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
Tx, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.42%
Estimate Property Tax Bill
$1,431
$1,324
$1,148
Average Tx, Texas Tax Savings
Ownwell’s Denton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Denton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Denton 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 Denton. 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 Tx, Texas
Property taxes in Denton, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Denton is 1.42%, higher than both the Texas state median of 1.80% and the U.S. national median of 0.99%. Local government entities within Denton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Denton 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 Denton's effective property tax rate to other counties in Texas and the national median. For comparison, the 75001 zip code has the highest median property tax rate of 2.47%, while the 73301 zip code has the lowest median tax rate of 1.38%. Understanding how these cities compare with Denton 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 Tx Tax Rate
1.42%
Average Denton County Tax Rate
1.65%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tx, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
$1,148
Average Tx Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Tx, Texas
In {city_name}, 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. 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In {city_name}, the median home price is $100,776. The 25th, 75th, and 90th percentile tax bills are all $1,428, highlighting the uniformity in tax assessments within the area. This knowledge empowers homeowners to take proactive steps in managing their property taxes effectively.
Average Tx Assessed Value
$100,776
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 Tx, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
$1,148
Average Tx Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Tx, Texas
In Denton, TX, property tax bills are calculated based on the assessed value of the property and the local tax rate. The assessed value is determined by the county appraisal district, which evaluates the market value of homes. Denton County's property tax rate is influenced by various factors, including school district funding, local infrastructure needs, and municipal services. The median home price in Denton is $100,776, and property tax bills typically range around $1,428, reflecting the county's specific tax rate. Homeowners in Denton may find their property tax bills burdensome, especially when compared to the national median property tax rate of 0.99%. This can significantly impact household budgets. Ownwell offers a solution by providing property tax appeal and exemption services. By leveraging our expertise, we help homeowners identify potential discrepancies in their assessed values and file appeals to lower their tax bills. Our goal is to ensure that Denton homeowners pay only their fair share, potentially saving them hundreds of dollars annually.
Average Tx Tax Bill
$1,428
Average Denton County Tax Bill
$7,425
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Tx, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
$1,148
Average Tx 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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