Nixon, Texas Property Taxes
The median property tax rate in Nixon, TX is 1.28%, which is notably higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Nixon at $93,124, the typical annual property tax bill amounts to $830, falling below the national median of $2,690. Property taxes in Nixon are based on the tax assessed value, which is often less than the market value due to exemptions such as those for primary residences and agricultural use. Gaining a thorough understanding of Nixon's property tax system, exploring available exemptions, and finding opportunities for reductions can lead to substantial annual savings. Whether residing in Nixon or investing in property within the city, familiarizing oneself with the local property tax structure will be advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
Nixon, 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 Nixon, Texas Tax Savings
Ownwell’s Nixon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Nixon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Nixon 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 Nixon. 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 Nixon, Texas
Property taxes in Nixon, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Nixon is 1.28%, higher than both the Texas state median of 1.8% and the U.S. national median of 0.99%. Local government entities within Nixon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Nixon 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 Nixon's effective property tax rate to other counties in Texas and the national median. For comparison, the 78140 zip code has the highest median property tax rate of 1.28%, while the 78140 zip code also has the lowest median tax rate of 1.28%. Understanding how these cities compare with Nixon 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 Nixon Tax Rate
1.28%
Average Guadalupe County Tax Rate
1.69%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Nixon, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78140 | 0.18% | 0.33% | 1.28% | 1.44% | 1.44% |
Source: Ownwell
$1,148
Average Nixon Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Nixon, Texas
In Nixon, 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 Nixon, 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 Nixon helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Nixon is $830.00 in zip code 78140, and the lowest median tax bill is also $830.00 in the same zip code.
Average Nixon Assessed Value
$93,124
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 Nixon, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78140 | $14,094 | $48,547 | $93,124 | $217,285 | $316,649 |
Source: Ownwell
$1,148
Average Nixon Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Nixon, Texas
In Nixon, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local county appraisal district. For example, in Guadalupe County, the median home price is $93,124. Property tax rates are applied to this assessed value, leading to varying tax bills. The tax bill can range significantly, from the 25th percentile at $194 to the 90th percentile at $3,787. The median tax bill is $830, which is below the national median property tax rate of 0.99%. Various factors influence the property tax bill, including property size, location, and market conditions. For homeowners, these taxes can be a substantial annual expense. Ownwell offers valuable assistance by providing property tax appeal and exemption services. By analyzing your property's assessed value and comparing it to market trends, Ownwell can identify discrepancies and file appeals on your behalf. This process can lead to significant reductions in your property tax bill, ensuring you only pay your fair share.
Average Nixon Tax Bill
$830
Average Guadalupe County Tax Bill
$4,783
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Nixon, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78140 | $101 | $194 | $830 | $1,764 | $3,787 |
Source: Ownwell
$1,148
Average Nixon 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 |
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