Dawson, Texas Property Taxes
The median property tax rate in Dawson, TX is 0.90%, which is lower than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $116,510 in Dawson, the typical annual property tax bill amounts to $915, significantly below the national median of $2,690. Property taxes in Dawson are calculated based on the assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Dawson'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 Dawson 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
Dawson, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.9%
Estimate Property Tax Bill
$1,049
$970
Ownwell’s Dawson Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dawson with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dawson 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 Dawson, Texas
Property taxes in Dawson, Texas, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dawson is 1.31%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Dawson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dawson 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 Dawson's effective property tax rate to other counties in Texas and the national median. For comparison, the 76639 zip code has the highest median property tax rate of 1.31%, while the 76639 zip code also has the lowest median tax rate of 1.31%. Understanding how these cities compare with Dawson provides valuable insights into the varying tax landscape across Navarro County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dawson Tax Rate
0.90%
Average Navarro County Tax Rate
1.05%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dawson, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76639 | 0.29% | 0.53% | 0.90% | 1.35% | 1.58% |
Source: Ownwell
Property Tax Assessment Values Across Dawson, Texas
In Dawson, 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 Navarro 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 Dawson, 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 Dawson helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $915.00 in zip code 76639, while the lowest is also $915.00 in the same zip code.
Average Dawson Assessed Value
$116,510
Average Navarro County Assessed Value
$152,655
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dawson, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76639 | $22,516 | $63,418 | $116,510 | $191,580 | $342,593 |
Source: Ownwell
Property Tax Bills Across Dawson, Texas
In Dawson, located in Navarro County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the county appraisal district. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. The median home price in Dawson is $116,510, and the property tax rate in Navarro County is 0.99%, which aligns with the national median. Factors such as improvements to the property, changes in market conditions, and local government budget requirements can influence the assessed value and, consequently, the tax bill. Homeowners in Dawson can expect their tax bills to vary significantly, with the 25th percentile tax bill at $391 and the 75th percentile at $1,787. For those at the 90th percentile, the tax bill can reach up to $2,764. These property taxes fund essential services such as schools, public safety, and infrastructure, directly impacting the quality of life for residents. Understanding how property tax bills are calculated helps homeowners in Dawson plan their finances and stay informed about their contributions to the community.
Average Dawson Tax Bill
$915
Average Navarro County Tax Bill
$1,415
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Dawson, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76639 | $161 | $391 | $915 | $1,787 | $2,764 |
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 | |
---|---|
Navarro Appraisal District | |
Website | esearch.navarrocad.com |