Catarina, Texas Property Taxes
The median property tax rate in Catarina, TX is 1.21%, which is higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Catarina, the typical annual property tax bill amounts to $302, significantly lower than the national median of $2,690. Property taxes in Catarina are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Catarina's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Catarina or another part of Dimmit County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Catarina, 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 Catarina Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Catarina with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Catarina 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 Catarina, Texas
Property taxes in Catarina, Texas, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Catarina is 1.21%, which is higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Catarina set these rates annually, and they can vary significantly across different neighborhoods. Each year, Catarina 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 Catarina's effective property tax rate to other counties in Texas and the national median. For comparison, the 78836 zip code has the highest median property tax rate of 1.21%, while the same zip code also has the lowest median tax rate of 1.21%. Understanding how these cities compare with Catarina provides valuable insights into the varying tax landscape across Dimmit County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Catarina Tax Rate
1.21%
Average Dimmit County Tax Rate
1.61%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Catarina, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78836 | 1.15% | 1.21% | 1.21% | 1.21% | 1.21% |
Source: Ownwell
Property Tax Assessment Values Across Catarina, Texas
In Catarina, 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 Dimmit 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 Catarina, 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 Catarina helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $302 in the 78836 zip code, while the lowest median tax bill is also $302 in the same zip code.
Average Catarina Assessed Value
$25,600
Average Dimmit County Assessed Value
$51,790
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Catarina, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78836 | $7,890 | $13,212 | $25,600 | $42,838 | $70,413 |
Source: Ownwell
Property Tax Bills Across Catarina, Texas
In Catarina, located in Dimmit County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county appraisal district, which evaluates the market value of properties within the area. For instance, with a median home price of $25,600, the property tax bill can vary significantly. Homeowners in the 25th percentile might pay around $169, while those in the 75th percentile could see bills up to $494. At the higher end, the 90th percentile tax bill reaches approximately $847. These tax bills are influenced by several factors, including property size, location, and improvements. Compared to the national median property tax rate of 0.99%, Catarina's property tax rates can be relatively modest. However, even small fluctuations in assessed values or tax rates can impact homeowners' financial responsibilities. Understanding these dynamics is crucial for homeowners looking to manage their property taxes effectively.
Average Catarina Tax Bill
$302
Average Dimmit County Tax Bill
$847
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Catarina, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78836 | $102 | $169 | $302 | $494 | $847 |
Source: Ownwell