Matagorda, Texas Property Taxes
The median property tax rate in Matagorda, TX is 1.59%, which is higher than the national median of 0.99% but slightly lower than the Texas state median of 1.67%. With a median home value of $186,500 in Matagorda, the typical annual property tax bill reaches $2,672, just under the national median of $2,690. Property taxes in Matagorda are calculated based on the assessed value, which is often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Matagorda'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 Matagorda 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
Matagorda, 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 Matagorda Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Matagorda with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Matagorda 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 Matagorda, Texas
Property taxes in Matagorda, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Matagorda is 1.59%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Matagorda set these rates annually, and they can vary significantly across different neighborhoods. Each year, Matagorda 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 Matagorda's effective property tax rate to other counties in Texas and the national median. For comparison, the 77457 zip code has the highest median property tax rate of 1.59%, while the 77457 zip code has the lowest median tax rate of 1.59%. Understanding how these cities compare with Matagorda provides valuable insights into the varying tax landscape across Matagorda County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Matagorda Tax Rate
1.59%
Average Matagorda County Tax Rate
1.53%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Matagorda, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77457 | 0.76% | 1.29% | 1.59% | 1.74% | 1.87% |
Source: Ownwell
Property Tax Assessment Values Across Matagorda, Texas
In Matagorda, 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 Matagorda 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 Matagorda, 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 Matagorda helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 77457 has the highest and lowest median tax bill, both at $2,672, reflecting the diverse property values within the area.
Average Matagorda Assessed Value
$186,500
Average Matagorda County Assessed Value
$130,525
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Matagorda, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77457 | $39,489 | $79,490 | $186,500 | $315,040 | $441,810 |
Source: Ownwell
Property Tax Bills Across Matagorda, Texas
In Matagorda, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the county appraisal district. This assessed value is then multiplied by the local tax rate. The median home price in Matagorda is $186,500, and the tax rate can vary depending on the specific location within the county. Factors such as property size, location, and improvements can influence the assessed value. For instance, homes in the 77457 zip code have a median tax bill of $2,672. Homeowners in Matagorda can expect their tax bills to range significantly. The 25th percentile tax bill is around $1,233, while the 75th percentile reaches $4,526, and the 90th percentile can be as high as $6,671. These property taxes fund essential local services such as schools, infrastructure, and emergency services, directly impacting the quality of life for residents. Understanding how these factors affect your tax bill can help homeowners plan and budget more effectively.
Average Matagorda Tax Bill
$2,672
Average Matagorda County Tax Bill
$1,664
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Matagorda, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77457 | $563 | $1,233 | $2,672 | $4,526 | $6,671 |
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 | |
|---|---|
| Matagorda Appraisal District | |
| Website | propaccess.trueautomation.com |