Grapeland, Texas Property Taxes
The median property tax rate in Grapeland, TX is 1.36%, which is higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $97,840 in Grapeland, the typical annual property tax bill amounts to $1,301, which is below the national median of $2,690. Property taxes in Grapeland are calculated based on the assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Grapeland'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 Grapeland 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
Grapeland, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.36%
Estimate Property Tax Bill
$1,331
$1,231
Ownwell’s Grapeland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Grapeland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Grapeland 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 Grapeland, Texas
Property taxes in Grapeland, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Grapeland is 1.36%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Grapeland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Grapeland 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 Grapeland's effective property tax rate to other counties in Texas and the national median. For comparison, the 75844 zip code has the highest median property tax rate of 1.36%, while the 75844 zip code also has the lowest median tax rate of 1.36%. Understanding how these cities compare with Grapeland provides valuable insights into the varying tax landscape across Houston County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Grapeland Tax Rate
1.36%
Average Houston County Tax Rate
1.41%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Grapeland, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75844 | 0.46% | 1.18% | 1.36% | 1.44% | 1.76% |
Source: Ownwell
Property Tax Assessment Values Across Grapeland, Texas
In Grapeland, 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 Houston 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 Grapeland, 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 Grapeland 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 $1,301, found in the 75844 zip code.
Average Grapeland Assessed Value
$97,840
Average Houston County Assessed Value
$89,420
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Grapeland, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75844 | $19,584 | $47,720 | $97,840 | $173,905 | $281,466 |
Source: Ownwell
Property Tax Bills Across Grapeland, Texas
Property tax bills in Grapeland, located in Houston County, TX, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county appraisal district, which estimates the market value of the property. This assessed value is then multiplied by the local tax rate to determine the final tax bill. For example, with a median home price of $97,840, homeowners in Grapeland can expect varying tax bills. The 25th percentile tax bill is around $504, indicating that some homeowners pay relatively low property taxes. On the higher end, the 75th percentile tax bill is approximately $2,265, while the 90th percentile tax bill reaches up to $3,629. Comparatively, the national median property tax rate is 0.99%, which can be used as a benchmark to understand how local rates affect tax bills. Higher property taxes can significantly impact homeowners by increasing their annual expenses, which is crucial for budgeting and financial planning.
Average Grapeland Tax Bill
$1,301
Average Houston County Tax Bill
$1,317
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Grapeland, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75844 | $164 | $504 | $1,301 | $2,265 | $3,629 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
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Appeal Deadline | May 15 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | November 30 |
Due Date #2 | June 30 |
Links | |
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Houston Appraisal District | |
Website | www.houstoncad.org |