Willis, Texas Property Taxes
The median property tax rate in Willis, TX is 1.94%, significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Willis, the typical annual property tax bill reaches $172, exceeding the national median of $2,690. Property taxes in Willis are calculated based on the assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Willis'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 Willis 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
Willis, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.94%
Estimate Property Tax Bill
$173
$160
$1,148
Average Willis, Texas Tax Savings
Ownwell’s Willis Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Willis with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Willis 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 Willis. 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 Willis, Texas
Property taxes in Willis, Texas, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Willis is 1.94%, significantly higher than both the Texas state median of 1.66% and the U.S. national median of 0.99%. Local government entities within Willis set these rates annually, and they can vary across different neighborhoods. Each year, Willis 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 Willis's effective property tax rate to other counties in Texas and the national median. For comparison, the 77378 zip code has both the highest and lowest median property tax rate of 1.94%. Understanding how these areas compare with Willis provides valuable insights into the varying tax landscape across Harris County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Willis Tax Rate
1.94%
Average Harris County Tax Rate
1.78%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Willis, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77378 | 1.92% | 1.93% | 1.94% | 1.94% | 1.95% |
Source: Ownwell
$1,148
Average Willis Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Willis, Texas
In Willis, 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 Harris 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 Willis, 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. The median home price in Willis is $8,923, with the 25th percentile tax bill being $115 and the 75th percentile tax bill reaching $229. 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 Willis helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Willis Assessed Value
$8,923
Average Harris County Assessed Value
$240,543
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Willis, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77378 | $4,193 | $5,966 | $8,923 | $11,880 | $13,653 |
Source: Ownwell
$1,148
Average Willis Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Willis, Texas
In Willis, Harris County, TX, property tax bills are calculated based on the assessed value of your home, which is derived from its market value. The median home price in Willis is $8,923, and the tax rate is applied to this assessed value to determine the annual property tax bill. Factors such as location, property size, and improvements can influence the assessed value. Homeowners in Willis face tax bills ranging from $115 at the 25th percentile to $263 at the 90th percentile, with the highest and lowest median tax bills both recorded at $172 in the 77378 zip code. Property taxes can significantly impact homeowners, often leading to unforeseen financial burdens. This is where Ownwell steps in. By leveraging expert knowledge and experience, Ownwell helps homeowners appeal their property assessments and secure exemptions, potentially lowering their tax bills. With personalized service and a deep understanding of local tax regulations, Ownwell ensures homeowners in Willis can achieve meaningful savings on their property taxes.
Average Willis Tax Bill
$172
Average Harris County Tax Bill
$4,078
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Willis, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77378 | $81 | $115 | $172 | $229 | $263 |
Source: Ownwell
$1,148
Average Willis Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 20 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | November 30 |
| Due Date #2 | June 30 |
Links | |
|---|---|
| Harris Appraisal District | |
| Phone | (713) 957-7800 |
| Website | hcad.org |
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