Mcqueeney, Texas Property Taxes
The median property tax rate in McQueeney, TX is 1.44%, which is notably higher than the national median of 0.99% but still below the Texas state median of 1.67%. With a median home value of $78,776 in McQueeney, the typical annual property tax bill is around $1,080, which is lower than the national median of $2,690. Property taxes in McQueeney are calculated based on the tax assessed value, often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding McQueeney'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 McQueeney 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
Mcqueeney, 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 Mcqueeney, Texas Tax Savings
Ownwell’s McQueeney Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in McQueeney with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in McQueeney 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 McQueeney. 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 Mcqueeney, Texas
Property taxes in McQueeney, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in McQueeney is 1.44%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within McQueeney set these rates annually, and they can vary significantly across different neighborhoods. Each year, McQueeney 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 McQueeney's effective property tax rate to other counties in Texas and the national median. For comparison, the 78123 zip code has the highest median property tax rate of 1.44%, while the 78123 zip code also has the lowest median tax rate of 1.44%. Understanding how these cities compare with McQueeney provides valuable insights into the varying tax landscape across Guadalupe County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mcqueeney Tax Rate
1.44%
Average Guadalupe County Tax Rate
1.69%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mcqueeney, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78123 | 0.89% | 1.24% | 1.44% | 1.69% | 1.71% |
Source: Ownwell
$1,148
Average Mcqueeney Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Mcqueeney, Texas
In McQueeney, 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 Guadalupe 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 McQueeney, 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 McQueeney helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $1080.00, located in zip code 78123.
Average Mcqueeney Assessed Value
$78,776
Average Guadalupe County Assessed Value
$288,797
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mcqueeney, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78123 | $32,454 | $37,731 | $78,776 | $222,122 | $364,500 |
Source: Ownwell
$1,148
Average Mcqueeney Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Mcqueeney, Texas
In McQueeney, located in Guadalupe County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the county appraisal district. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property size, location, and market conditions are considered in the assessment process. With a median home price of $78,776, homeowners in McQueeney can expect their tax bills to vary significantly. For instance, tax bills range from the 25th percentile at $678 to the 75th percentile at $3,404, with the 90th percentile reaching $4,722. Compared to the national median property tax rate of 0.99%, McQueeney’s property taxes can be quite variable. Ownwell can assist homeowners in reducing their property tax bills by providing expert property tax appeal and exemption services. By analyzing your property’s assessment and identifying discrepancies, Ownwell can help you achieve a fairer tax bill, potentially saving you hundreds or even thousands of dollars annually.
Average Mcqueeney Tax Bill
$1,080
Average Guadalupe County Tax Bill
$4,783
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Mcqueeney, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78123 | $532 | $678 | $1,080 | $3,404 | $4,722 |
Source: Ownwell
$1,148
Average Mcqueeney 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 | |
|---|---|
| Guadalupe Appraisal District | |
| Website | esearch.guadalupead.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.