Navasota, Texas Property Taxes
The median property tax rate in Navasota, TX is 1.96%, significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $54,265 in Navasota, the typical annual property tax bill reaches $1,023, surpassing the national median of $2,690. Property taxes in Navasota are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Navasota'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 Navasota 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
Navasota, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.96%
Estimate Property Tax Bill
$1,064
$984
Ownwell’s Navasota Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Navasota with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Navasota 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 Navasota, Texas
Property taxes in Navasota, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Navasota is 1.96%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Navasota set these rates annually, and they can vary significantly across different neighborhoods. Each year, Navasota 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 Navasota's effective property tax rate to other counties in Texas and the national median. For comparison, the 77868 zip code has the highest median property tax rate of 1.96%, while the 77868 zip code also has the lowest median tax rate of 1.96%. Understanding how these cities compare with Navasota provides valuable insights into the varying tax landscape across Grimes County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Navasota Tax Rate
1.96%
Average Grimes County Tax Rate
1.58%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Navasota, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77868 | 1.26% | 1.51% | 1.96% | 2.11% | 3.73% |
Source: Ownwell
Property Tax Assessment Values Across Navasota, Texas
In Navasota, 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 Grimes 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 in Navasota helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill in Navasota is 77868, with a median tax bill of $1,023.
Average Navasota Assessed Value
$54,265
Average Grimes County Assessed Value
$49,760
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Navasota, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77868 | $2,280 | $7,020 | $54,265 | $164,150 | $251,513 |
Source: Ownwell
Property Tax Bills Across Navasota, Texas
In Navasota, property tax bills are calculated based on the assessed value of a home and the applicable tax rate set by local authorities. The assessed value is a percentage of the home's market value, which is determined through periodic evaluations. Once the assessed value is established, it is multiplied by the local tax rate to determine the annual tax bill. For homeowners in Navasota, located in Grimes County, the median home price is around $54,265. Property tax bills can vary significantly, with the 25th percentile tax bill at approximately $120 and the 75th percentile reaching up to $3,247. At the higher end, the 90th percentile tax bill can be as much as $4,924. These tax bills play a crucial role in funding local services such as schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, homeowners in Navasota experience a range of tax obligations, reflecting the diverse property values and tax rates within the area.
Average Navasota Tax Bill
$1,023
Average Grimes County Tax Bill
$808
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Navasota, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77868 | $48 | $120 | $1,023 | $3,247 | $4,924 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | June 2 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | November 30 |
| Due Date #2 | June 30 |
Links | |
|---|---|
| Grimes Appraisal District | |
| Website | grimescad.org |