Blackwell, Texas Property Taxes
The median property tax rate in Blackwell, TX is 1.77%, significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $62,765, the typical annual property tax bill in Blackwell reaches $856, which is lower than the national median of $2,690. Property taxes in Blackwell are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Blackwell'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 Blackwell 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
Blackwell, 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 Blackwell Property Tax Bill Calculator is an indispensable tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Blackwell, Nolan County, TX. By simply entering your property's estimated assessed value, the calculator uses the median tax rate specific to Blackwell to provide an accurate estimate of your property tax bill. This valuable resource offers clear insight into potential tax liabilities, helping you make informed decisions. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value, determined by the county, is used for property tax calculations and takes into account any applicable exemptions.
Property Tax Rates Across Blackwell, Texas
Property taxes in Blackwell, Texas, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Blackwell is 1.77%, which is higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Blackwell set these rates annually, and they can vary significantly across different neighborhoods. Each year, Blackwell 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 Blackwell's effective property tax rate to other counties in Texas and the national median. For comparison, the zip code 79506 has the highest median property tax rate of 1.77%, while the same zip code also has the lowest median tax rate of 1.77%. Understanding how these cities compare with Blackwell provides valuable insights into the varying tax landscape across Nolan County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Blackwell Tax Rate
1.77%
Average Nolan County Tax Rate
2.22%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Blackwell, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79506 | 0.69% | 1.24% | 1.77% | 1.95% | 1.95% |
Source: Ownwell
Property Tax Assessment Values Across Blackwell, Texas
In Blackwell, 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 Nolan 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 Blackwell, 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. The median home price in Blackwell is $62,765, with tax bills varying significantly across the area. The 25th percentile tax bill is $462, while the 75th percentile reaches $1,745, and the 90th percentile climbs to $2,967. The highest median tax bill is found in the 79506 zip code at $856. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and explore opportunities for protesting assessments or applying for exemptions to effectively manage their tax burden.
Average Blackwell Assessed Value
$62,765
Average Nolan County Assessed Value
$69,100
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Blackwell, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79506 | $10,104 | $34,615 | $62,765 | $120,265 | $189,744 |
Source: Ownwell
Property Tax Bills Across Blackwell, Texas
In Blackwell, property tax bills are calculated based on the assessed value of a home, which is determined by the Nolan County appraisal district. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For instance, with a median home price of $62,765, homeowners can expect varying tax bills depending on the specific assessment and applicable exemptions. The 25th percentile tax bill stands at $462, while the 75th percentile reaches $1,745, and the 90th percentile can go up to $2,967. These figures indicate a wide range in property tax bills, reflecting differences in property values and potential exemptions. The local tax rate in Blackwell can significantly impact homeowners, especially when compared to the national median property tax rate of 0.99%. Understanding how these factors interplay helps homeowners anticipate their annual tax obligations and plan accordingly, ensuring they are not caught off guard by their property tax bills.
Average Blackwell Tax Bill
$856
Average Nolan County Tax Bill
$1,393
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Blackwell, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79506 | $160 | $462 | $856 | $1,745 | $2,967 |
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 | |
|---|---|
| Nolan Appraisal District | |
| Website | www.nolan-cad.org |