Crawford, Texas Property Taxes
The median property tax rate in Crawford, TX is 1.44%, which is higher than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value in Crawford of $379,645, the typical annual property tax bill reaches $5,060, surpassing the national median of $2,690. Property taxes in Crawford are calculated based on the tax assessed value, which is often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Crawford'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 Crawford 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
Crawford, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
$2,192
$1,148
Average Crawford, Texas Tax Savings
Ownwell’s Crawford Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Crawford with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Crawford 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 Crawford. 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 Crawford, Texas
Property taxes in Crawford, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Crawford is 1.44%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Crawford set these rates annually, and they can vary significantly across different neighborhoods. Each year, Crawford 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 Crawford's effective property tax rate to other counties in Texas and the national median. For comparison, the 76638 zip code has the highest median property tax rate of 1.44%, while the 76638 zip code also has the lowest median tax rate of 1.44%. Understanding how these cities compare with Crawford provides valuable insights into the varying tax landscape across McLennan County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Crawford Tax Rate
1.44%
Average Mclennan County Tax Rate
1.79%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Crawford, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76638 | 0.88% | 1.18% | 1.44% | 1.66% | 1.96% |
Source: Ownwell
$1,148
Average Crawford Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Crawford, Texas
In Crawford, 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 McLennan 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 Crawford, 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 Crawford helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in Crawford are both $5060, found in zip code 76638.
Average Crawford Assessed Value
$379,645
Average Mclennan County Assessed Value
$228,020
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Crawford, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76638 | $87,793 | $210,180 | $379,645 | $600,992 | $799,500 |
Source: Ownwell
$1,148
Average Crawford Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Crawford, Texas
Property tax bills in Crawford, TX, are calculated by multiplying the assessed value of a property by the local tax rate. The assessed value is determined based on the market value of the home, which in Crawford has a median home price of $379,645. Factors such as property size, location, and improvements also play a role. Homeowners in Crawford see varying tax bills, with the 25th percentile at $2,822 and the 75th percentile reaching $8,059. The highest median tax bill in the area is $5,060, found in the 76638 zip code. These tax bills can significantly impact homeowners, especially when they fall on the higher end of the spectrum. Ownwell offers property tax appeal and exemption services to help homeowners reduce their tax liabilities. By analyzing your property’s assessed value and comparing it to similar properties, Ownwell can identify discrepancies and file appeals on your behalf, potentially saving you thousands of dollars on your property tax bill.
Average Crawford Tax Bill
$5,060
Average Mclennan County Tax Bill
$3,809
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Crawford, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76638 | $1,201 | $2,822 | $5,060 | $8,059 | $10,639 |
Source: Ownwell
$1,148
Average Crawford Tax Savings
Save on your property taxes & more with 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 | |
---|---|
Mclennan Appraisal District | |
Phone | (254) 752-9864 |
Website | esearch.mclennancad.org |
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