Eden, Texas Property Taxes
The median property tax rate in Eden, TX is 2.38%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Eden, the typical annual property tax bill reaches $1,800, exceeding the national median of $2,690. Property taxes in Eden are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Eden'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 Eden 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
Eden, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.38%
Estimate Property Tax Bill
$1,803
$1,669
Ownwell’s Eden Property Tax Bill Calculator offers homeowners, real estate investors, and potential buyers a straightforward way to estimate their annual property taxes in Eden. By simply inputting your property's estimated assessed value, the calculator uses the median tax rate in Eden to provide an accurate property tax estimate. This valuable tool enables you to grasp potential tax liabilities with ease. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property's assessed value is determined by the county and is used for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Eden, Texas
Property taxes in Eden, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Eden is 2.38%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Eden set these rates annually, and they can vary significantly across different neighborhoods. Each year, Eden 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 Eden's effective property tax rate to other counties in Texas and the national median. For comparison, the 76837 zip code has the highest median property tax rate of 2.38%, while the same zip code also has the lowest median tax rate of 2.38%. Understanding how these cities compare with Eden provides valuable insights into the varying tax landscape across Menard County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Eden Tax Rate
2.38%
Average Menard County Tax Rate
2.69%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Eden, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76837 | 2.38% | 2.38% | 2.38% | 2.38% | 2.38% |
Source: Ownwell
Property Tax Assessment Values Across Eden, Texas
In Eden, 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 Menard 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 Eden, 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. With a median home price of $75,770, Eden's property tax bills show little variation, with the 25th, 75th, and 90th percentiles all at $1,800. The highest and lowest median tax bills are found in zip code 76837, both at $1,800. 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 Eden helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Eden Assessed Value
$75,770
Average Menard County Assessed Value
$57,440
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Eden, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76837 | $75,770 | $75,770 | $75,770 | $75,770 | $75,770 |
Source: Ownwell
Property Tax Bills Across Eden, Texas
In Eden, located in Menard County, TX, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is a percentage of the market value of the home, which is determined by the county appraisal district. For instance, with a median home price of $75,770, the tax rate is applied to this value to calculate the annual tax bill. Several factors influence the tax bill, including property size, location, and any applicable exemptions. Eden's property tax rate is designed to fund local services such as schools, public safety, and infrastructure. The tax bills in Eden are relatively consistent, with the 25th, 75th, and 90th percentiles all at $1,800, highlighting a uniform tax structure within the area. This consistency can provide homeowners with a predictable expense, although it is higher than the national median property tax rate of 0.99%. Understanding these factors can help homeowners budget and plan for their annual property tax obligations effectively.
Average Eden Tax Bill
$1,800
Average Menard County Tax Bill
$1,348
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Eden, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76837 | $1,800 | $1,800 | $1,800 | $1,800 | $1,800 |
Source: Ownwell