Cotulla, Texas Property Taxes
The median property tax rate in Cotulla, TX is 2.08%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Cotulla at $29,120, the typical annual property tax bill reaches $518, which is significantly lower than the national median of $2,690. Property taxes in Cotulla are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Cotulla'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 Cotulla or another part of La Salle County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Cotulla, 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 Cotulla Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Cotulla with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Cotulla 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 Cotulla, Texas
Property taxes in Cotulla, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Cotulla is 2.08%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Cotulla set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cotulla 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 Cotulla's effective property tax rate to other counties in Texas and the national median. For comparison, the 78014 zip code has the highest median property tax rate of 2.08%, while the same zip code also has the lowest median tax rate of 2.08%. Understanding how these cities compare with Cotulla provides valuable insights into the varying tax landscape across La Salle County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Cotulla Tax Rate
2.08%
Average La Salle County Tax Rate
2.08%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cotulla, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78014 | 0.41% | 1.38% | 2.08% | 2.08% | 2.08% |
Source: Ownwell
Property Tax Assessment Values Across Cotulla, Texas
In Cotulla, 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 La Salle 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 Cotulla, 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 Cotulla helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 78014 has the highest median tax bill at $518.00, which is reflective of the area's property values.
Average Cotulla Assessed Value
$29,120
Average La Salle County Assessed Value
$28,385
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cotulla, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78014 | $6,690 | $13,100 | $29,120 | $54,575 | $109,318 |
Source: Ownwell
Property Tax Bills Across Cotulla, Texas
In Cotulla, La Salle County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county appraisal district and reflects the market value of the property. For instance, with a median home price of $29,120, the tax bill can vary significantly. Homeowners in the 25th percentile typically see a tax bill of around $160, while those in the 75th percentile might pay as much as $1,086. In the 90th percentile, the tax bill can reach up to $2,017. Factors such as property improvements, neighborhood changes, and market conditions can influence the assessed value, thereby affecting the tax bill. Compared to the national median property tax rate of 0.99%, the tax bills in Cotulla can be relatively low, but they still represent a significant expense for homeowners. Understanding these factors helps homeowners anticipate their property tax obligations and plan their finances accordingly.
Average Cotulla Tax Bill
$518
Average La Salle County Tax Bill
$486
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Cotulla, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78014 | $54 | $160 | $518 | $1,086 | $2,017 |
Source: Ownwell