Reklaw, Texas Property Taxes
The median property tax rate in Reklaw, TX is 1.20%, slightly above the national median of 0.99% but below the Texas state median of 1.67%. With the median home value in Reklaw at $104,700, the typical annual property tax bill is $1,069, which is less than the national median of $2,690. Property taxes in Reklaw are calculated based on the assessed value, which is often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Reklaw'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 Reklaw or another part of Rusk County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Reklaw, 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 Reklaw Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Reklaw with ease. By simply inputting your property's estimated assessed value, the calculator uses the median tax rate in Reklaw to provide an accurate estimate of your property tax bill. This practical tool offers insights into your potential tax liabilities, helping you make informed financial decisions. For those interested in neighborhood-specific trends, additional localized information is available by scrolling down. Your property’s assessed value, determined by Rusk County, is used for property tax calculations and includes any applicable exemptions.
Property Tax Rates Across Reklaw, Texas
Property taxes in Reklaw, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Reklaw is 1.20%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Reklaw set these rates annually, and they can vary significantly across different neighborhoods. Each year, Reklaw 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 Reklaw's effective property tax rate to other counties in Texas and the national median. For comparison, the 75784 zip code has the highest median property tax rate of 1.20%, while the 75784 zip code has the lowest median tax rate of 1.20%. Understanding how these cities compare with Reklaw provides valuable insights into the varying tax landscape across Rusk County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Reklaw Tax Rate
1.20%
Average Rusk County Tax Rate
1.63%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Reklaw, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75784 | 0.57% | 0.74% | 1.20% | 1.34% | 1.53% |
Source: Ownwell
Property Tax Assessment Values Across Reklaw, Texas
In Reklaw, 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 Rusk 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 Reklaw, 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 Reklaw helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Reklaw is $104,700, with tax bills ranging from $455 at the 25th percentile to $2,831 at the 90th percentile. The highest and lowest median tax bills in Reklaw are both $1,069, found in the 75784 zip code.
Average Reklaw Assessed Value
$104,700
Average Rusk County Assessed Value
$113,250
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Reklaw, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75784 | $20,656 | $47,275 | $104,700 | $188,480 | $328,050 |
Source: Ownwell
Property Tax Bills Across Reklaw, Texas
Property tax bills in Reklaw, located in Rusk County, TX, are determined based on the assessed value of a property and the local tax rate. The median home price in Reklaw is $104,700. Property taxes are calculated by applying the local tax rate to the assessed value of the property. For homeowners in Reklaw, the tax bill can vary significantly. The 25th percentile tax bill is $455, while the 75th percentile reaches $1,885, and the 90th percentile climbs to $2,831. Factors such as property size, location, and improvements can influence the assessed value. Homeowners in Reklaw pay property taxes to fund essential public services like schools, emergency services, and infrastructure. Compared to the national median property tax rate of 0.99%, Reklaw's property tax rates can be seen as relatively moderate, offering some relief to homeowners. Understanding these factors can help homeowners anticipate their tax obligations and plan their finances accordingly.
Average Reklaw Tax Bill
$1,069
Average Rusk County Tax Bill
$1,761
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Reklaw, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75784 | $219 | $455 | $1,069 | $1,885 | $2,831 |
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 | |
|---|---|
| Rusk Appraisal District | |
| Website | www.ruskcad.org |