Dennis, Texas Property Taxes
The median property tax rate in Dennis, TX is 1.84%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Dennis at $341,050, the typical annual property tax bill reaches $2,632, which is just below the national median of $2,690. Property taxes in Dennis 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 Dennis'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 Dennis 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
Dennis, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.84%
Estimate Property Tax Bill
$6,275
$5,806
$1,148
Average Dennis, Texas Tax Savings
Ownwell’s Dennis Property Tax Bill Calculator enables homeowners, real estate investors, and prospective buyers to estimate their annual property taxes in Dennis with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dennis 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 Dennis. 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 Dennis, Texas
Property taxes in Dennis, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dennis is 1.84%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Dennis set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dennis 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 Dennis's effective property tax rate to other counties in Texas and the national median. For comparison, the 76439 zip code has the highest median property tax rate of 1.84%, while the same zip code also has the lowest median tax rate of 1.84%. Understanding how these cities compare with Dennis provides valuable insights into the varying tax landscape across Parker County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dennis Tax Rate
1.84%
Average Parker County Tax Rate
1.54%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dennis, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76439 | 0.88% | 1.24% | 1.84% | 1.84% | 1.84% |
Source: Ownwell
$1,148
Average Dennis Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Dennis, Texas
In Dennis, 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 Parker 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 Dennis, 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 25th percentile tax bill is $2,467, while the 75th percentile tax bill is $4,458, and the 90th percentile tax bill is $5,555. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. In Parker County, the zip code 76439 has both the highest and lowest median tax bill, each at $2,632. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Dennis Assessed Value
$341,050
Average Parker County Assessed Value
$335,640
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dennis, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76439 | $168,178 | $233,005 | $341,050 | $377,070 | $398,682 |
Source: Ownwell
$1,148
Average Dennis Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Dennis, Texas
In Dennis, Parker County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in the area is $341,050. Factors such as property size, location, and market conditions influence the assessed value. The tax rate is then applied to this assessed value to determine the annual tax bill. For instance, homeowners in the 25th percentile pay around $2,467, while those in the 75th percentile face bills closer to $4,458. The highest median tax bill in the area is $2,632, aligning with the national median property tax rate of 0.99%. High property tax bills can strain homeowners, but Ownwell offers a solution. By providing expert property tax appeal and exemption services, Ownwell helps homeowners ensure their properties are fairly assessed, potentially lowering their tax bills. This can lead to significant savings, making homeownership more affordable and less stressful.
Average Dennis Tax Bill
$2,632
Average Parker County Tax Bill
$4,986
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Dennis, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76439 | $2,369 | $2,467 | $2,632 | $4,458 | $5,555 |
Source: Ownwell
$1,148
Average Dennis 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 | |
|---|---|
| Parker Appraisal District | |
| Website | iswdataclient.azurewebsites.net |
Save money on your property taxes with Ownwell.
Enter your address.
With just your address Ownwell will analyze your property expenses to find you savings using real time market data, local expertise and AI.
Answer some questions.
The more we know about your property, the more we can save you. There's no up-front costs, it's risk-free to sign up. Only pay if you save!
Unlock your savings.
We gather evidence, file all documentation, and attend hearings on your behalf year after year, so you never overpay again.