Poolville, Texas Property Taxes
The median property tax rate in Poolville, TX is 1.44%, which is considerably higher than the national median of 0.99%, yet lower than the Texas state median of 1.67%. With the median home value in Poolville at $290,735, the typical annual property tax bill reaches $4,008, significantly exceeding the national median of $2,690. Property taxes in Poolville are calculated based on the assessed value, which usually falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Poolville'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 Poolville or another part of Parker County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Poolville, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
$2,192
$1,148
Average Poolville, Texas Tax Savings
Ownwell’s Poolville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Poolville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Poolville 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 Poolville. 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 Poolville, Texas
Property taxes in Poolville, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Poolville is 1.44%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Poolville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Poolville 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 Poolville's effective property tax rate to other counties in Texas and the national median. For comparison, the 76487 zip code has the highest median property tax rate of 1.44%, while the same 76487 zip code also has the lowest median tax rate of 1.44%. Understanding how these cities compare with Poolville 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 Poolville Tax Rate
1.44%
Average Parker County Tax Rate
1.54%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Poolville, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76487 | 0.96% | 1.24% | 1.44% | 1.44% | 1.75% |
Source: Ownwell
$1,148
Average Poolville Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Poolville, Texas
In Poolville, 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 Poolville, 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 Poolville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 76487 at $4,008, which is above the national median property tax rate of 0.99%.
Average Poolville Assessed Value
$290,735
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 Poolville, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76487 | $67,561 | $161,778 | $290,735 | $475,402 | $586,414 |
Source: Ownwell
$1,148
Average Poolville Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Poolville, Texas
In Poolville, Parker County, TX, property tax bills are determined by the assessed value of a home, which is calculated based on the market value. The local tax rate is then applied to this assessed value to determine the final tax bill. For example, with a median home price of $290,735, homeowners can expect a range of tax bills. The 25th percentile tax bill is around $2,000, while the 75th percentile reaches up to $6,817, and the 90th percentile can go as high as $8,607. These figures can significantly impact homeowners, making it essential to ensure their property is not over-assessed. This is where Ownwell can assist. By providing expert property tax appeal and exemption services, Ownwell helps homeowners challenge inaccurate assessments, potentially lowering their tax bills. With a deep understanding of local tax regulations, Ownwell ensures homeowners pay only their fair share, offering peace of mind and substantial savings.
Average Poolville Tax Bill
$4,008
Average Parker County Tax Bill
$4,986
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Poolville, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76487 | $778 | $2,000 | $4,008 | $6,817 | $8,607 |
Source: Ownwell
$1,148
Average Poolville 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 |
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