Brookshire, Texas Property Taxes
The median property tax rate in Brookshire, TX is 2.17%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Brookshire at $421,230, the typical annual property tax bill reaches $9,394, far exceeding the national median of $2,690. Property taxes in Brookshire 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 Brookshire'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 Brookshire 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
Brookshire, 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 Brookshire, Texas Tax Savings
Ownwell’s Brookshire Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brookshire with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brookshire 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 Brookshire. 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 Brookshire, Texas
Property taxes in Brookshire, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Brookshire is 2.17%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Brookshire set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brookshire 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 Brookshire's effective property tax rate to other counties in Texas and the national median. For comparison, the 77423 zip code has the highest median property tax rate of 2.17%, while the same zip code also has the lowest median tax rate of 2.17%. Understanding how these cities compare with Brookshire provides valuable insights into the varying tax landscape across Fort Bend County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brookshire Tax Rate
2.17%
Average Fort Bend County Tax Rate
1.70%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brookshire, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77423 | N/A | N/A | N/A | N/A | N/A |
| 77423 | 1.06% | 1.79% | 2.17% | 2.59% | 2.85% |
Source: Ownwell
$1,148
Average Brookshire Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Brookshire, Texas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Brookshire, Texas. 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 Fort Bend 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 in Brookshire 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. Understanding these valuation concepts helps property owners navigate their tax responsibilities and comprehend how their property taxes are determined. In Brookshire, the highest median tax bill is found in the 77423 zip code, amounting to $9,394. By being aware of these valuation processes, property owners can identify opportunities for protesting assessments or applying for exemptions to effectively manage their tax burden.
Average Brookshire Assessed Value
$421,230
Average Fort Bend County Assessed Value
$370,984
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brookshire, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77423 | N/A | N/A | N/A | N/A | N/A |
| 77423 | $311,073 | $357,981 | $421,230 | $529,706 | $634,402 |
Source: Ownwell
$1,148
Average Brookshire Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Brookshire, Texas
In Brookshire, Fort Bend County, TX, property tax bills are calculated based on the assessed value of your home and the local tax rate. The assessed value is determined by the county appraisal district, which estimates the market value of your property. This value is then multiplied by the local tax rate to calculate your annual tax bill. For instance, with a median home price of $421,230, homeowners can expect tax bills ranging from $7,346 at the 25th percentile to $13,788 at the 90th percentile. The highest and lowest median tax bills in the area are both $9,394, which is significantly higher than the national median property tax rate of 0.99%. High property taxes can be a burden for homeowners, but Ownwell can help you save on your property tax bills. By providing expert property tax appeal and exemption services, Ownwell ensures that your property is fairly assessed, potentially lowering your tax liability and saving you money.
Average Brookshire Tax Bill
$9,394
Average Fort Bend County Tax Bill
$6,331
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Brookshire, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77423 | N/A | N/A | N/A | N/A | N/A |
| 77423 | $4,033 | $7,346 | $9,394 | $11,771 | $13,788 |
Source: Ownwell
$1,148
Average Brookshire 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 | |
|---|---|
| Fort Bend Appraisal District | |
| Phone | (281) 344-8623 |
| Website | esearch.fbcad.org |
Save money on your property taxes with Ownwell.
Enter your address.
With just your address Ownwell will analyze your property expenses to find you savings using real time market data, local expertise and AI.
Answer some questions.
The more we know about your property, the more we can save you. There's no up-front costs, it's risk-free to sign up. Only pay if you save!
Unlock your savings.
We gather evidence, file all documentation, and attend hearings on your behalf year after year, so you never overpay again.