Kennedale, Texas Property Taxes
The median property tax rate in Kennedale, TX is 2.01%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Kennedale, the typical annual property tax bill reaches $1,692, which is below the national median of $2,690. Property taxes in Kennedale 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 Kennedale'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 Kennedale 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
Kennedale, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
$2,192
$1,148
Average Kennedale, Texas Tax Savings
Ownwell’s Kennedale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kennedale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kennedale 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 Kennedale. 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 Kennedale, Texas
Property taxes in Kennedale, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kennedale is 2.01%, significantly higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Kennedale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kennedale 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 Kennedale's effective property tax rate to other counties in Texas and the national median. For comparison, the 76060 zip code has the highest median property tax rate of 2.01%, while the same zip code also has the lowest median tax rate of 2.01%. Understanding how these cities compare with Kennedale provides valuable insights into the varying tax landscape across Tarrant County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kennedale Tax Rate
2.01%
Average Ellis County Tax Rate
1.33%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kennedale, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76060 | 2.01% | 2.01% | 2.01% | 2.01% | 2.01% |
Source: Ownwell
$1,148
Average Kennedale Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Kennedale, Texas
In Kennedale, 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 Ellis 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 Kennedale, 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 Kennedale is $84,051, with the median tax bill being $1,692. Interestingly, the zip code 76060 has both the highest and lowest median tax bill, standing at $1,692. 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.
Average Kennedale Assessed Value
$84,051
Average Ellis County Assessed Value
$332,264
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kennedale, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76060 | $84,051 | $84,051 | $84,051 | $84,051 | $84,051 |
Source: Ownwell
$1,148
Average Kennedale Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Kennedale, Texas
In Kennedale, TX, property tax bills are calculated based on the assessed value of your home and the local tax rate. With a median home price of $84,051, homeowners face a median tax bill of $1,692, which is significantly higher than the national median property tax rate of 0.99%. The calculation takes into account the market value of the property, local tax rates, and any applicable exemptions. Higher assessed values and tax rates directly impact homeowners by increasing their annual tax bills. Ownwell can help homeowners in Kennedale save on their property tax bills through professional tax appeal and exemption services. By thoroughly reviewing your property’s assessed value and identifying potential discrepancies, Ownwell can file appeals on your behalf to ensure you are not overpaying. Additionally, Ownwell assists in securing eligible exemptions, further reducing your tax burden. This expert guidance can lead to substantial savings, providing homeowners with financial relief and peace of mind.
Average Kennedale Tax Bill
$1,692
Average Ellis County Tax Bill
$4,181
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Kennedale, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76060 | $1,692 | $1,692 | $1,692 | $1,692 | $1,692 |
Source: Ownwell
$1,148
Average Kennedale 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 | |
|---|---|
| Ellis Appraisal District | |
| Phone | (972) 825-5150 |
| Website | www.elliscad.com |
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