Votaw, Texas Property Taxes
The median property tax rate in Votaw, TX is 1.33%, which is higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Votaw at $48,740, the typical annual property tax bill is $370, significantly less than the national median of $2,690. Property taxes in Votaw are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Votaw's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Votaw or another part of Hardin County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Votaw, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
Ownwell’s Votaw Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in Votaw. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Votaw to provide an accurate estimate of your property tax bill. This helps you understand potential tax liabilities and make informed financial decisions. For those interested in exploring trends at a neighborhood level, additional localized information is available. Your property’s assessed value, determined by Hardin County, is crucial for property tax calculations and considers any applicable exemptions.
Property Tax Rates Across Votaw, Texas
Property taxes in Votaw, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Votaw is 1.33%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Votaw set these rates annually, and they can vary significantly across different neighborhoods. Each year, Votaw 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 Votaw's effective property tax rate to other counties in Texas and the national median. For comparison, the 77376 zip code has the highest median property tax rate of 1.33%, while the same 77376 zip code also has the lowest median tax rate of 1.33%. Understanding how these cities compare with Votaw provides valuable insights into the varying tax landscape across Hardin County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Votaw Tax Rate
1.33%
Average Hardin County Tax Rate
1.51%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Votaw, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77376 | 0.14% | 0.47% | 1.33% | 1.57% | 1.61% |
Source: Ownwell
Property Tax Assessment Values Across Votaw, Texas
In Votaw, 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 Hardin 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 Votaw, 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. For instance, the highest and lowest median tax bills in the area are both $370.00, found in the 77376 zip code. 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 Votaw helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Votaw Assessed Value
$48,740
Average Hardin County Assessed Value
$101,546
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Votaw, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77376 | $8,251 | $20,366 | $48,740 | $99,510 | $164,682 |
Source: Ownwell
Property Tax Bills Across Votaw, Texas
In Votaw, Hardin County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local appraisal district. The median home price in Votaw is $48,740. Property taxes are then applied to this assessed value using the local tax rate. For example, if the tax rate is 1%, a home assessed at the median price would have a property tax bill of approximately $487.40 annually. Several factors influence the final tax bill, including the home's assessed value, any applicable exemptions, and the local tax rate. Homeowners in Votaw can expect a wide range of tax bills. The 25th percentile tax bill is around $123, while the 75th percentile tax bill reaches up to $870. At the 90th percentile, the tax bill can be as high as $1,326. These property taxes significantly impact homeowners by contributing to local services such as schools, infrastructure, and emergency services. Comparing this to the national median property tax rate of 0.99%, Votaw's rates can be seen as relatively moderate.
Average Votaw Tax Bill
$370
Average Hardin County Tax Bill
$1,156
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Votaw, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77376 | $41 | $123 | $370 | $870 | $1,326 |
Source: 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 | |
|---|---|
| Hardin Appraisal District | |
| Website | esearch.hardin-cad.org |