Purdon, Texas Property Taxes
The median property tax rate in Purdon, TX is 0.73%, significantly lower than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Purdon, the typical annual property tax bill amounts to $779, which is well below the national median of $2,690. Property taxes in Purdon are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Purdon's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Purdon or another part of Navarro County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Purdon, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.73%
Estimate Property Tax Bill
$932
$862
Ownwell’s Purdon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Purdon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Purdon 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 Purdon, Texas
Property taxes in Purdon, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Purdon is 0.73%, lower than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Purdon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Purdon 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 Purdon's effective property tax rate to other counties in Texas and the national median. For comparison, the 76679 zip code has the highest median property tax rate of 0.73%, while the same zip code has the lowest median tax rate of 0.73%. Understanding how these cities compare with Purdon 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 Purdon Tax Rate
0.73%
Average Navarro County Tax Rate
1.05%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Purdon, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76679 | 0.18% | 0.39% | 0.73% | 1.08% | 1.36% |
Source: Ownwell
Property Tax Assessment Values Across Purdon, Texas
In Purdon, 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 Purdon, 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. For instance, the median home price in Purdon is $127,690, with tax bills ranging from $243 at the 25th percentile to $2,989 at the 90th percentile. The highest and lowest median tax bill, both at $779, are found in the 76679 zip code. 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 Purdon helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Purdon Assessed Value
$127,690
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 Purdon, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76679 | $18,230 | $55,370 | $127,690 | $239,490 | $398,645 |
Source: Ownwell
Property Tax Bills Across Purdon, Texas
In Purdon, 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 a percentage of the market value, and this figure is then multiplied by the local property tax rate to determine the tax bill. For example, with a median home price of $127,690, homeowners can expect varying tax bills depending on the specific assessed value and applicable tax rate. Several factors influence the final tax bill, including the property's location, any applicable exemptions, and the specific tax rates set by local jurisdictions such as school districts and municipal governments. Homeowners in Purdon might see tax bills ranging from $243 at the 25th percentile to $2,989 at the 90th percentile. Compared to the national median property tax rate of 0.99%, the tax rates in Navarro County can significantly impact homeowners, affecting their overall financial planning and homeownership costs. Understanding these factors can help homeowners better anticipate their annual property tax obligations.
Average Purdon Tax Bill
$779
Average Navarro County Tax Bill
$1,415
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Purdon, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76679 | $109 | $243 | $779 | $1,601 | $2,989 |
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 |