Oakhurst, Texas Property Taxes
The median property tax rate in Oakhurst, TX is 1.41%, considerably higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Oakhurst, the typical annual property tax bill reaches $332, significantly below the national median of $2,690. Property taxes in Oakhurst 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 Oakhurst'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 Oakhurst 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
Oakhurst, 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 Oakhurst Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Oakhurst with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Oakhurst 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 Oakhurst, Texas
Property taxes in Oakhurst, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Oakhurst is 1.41%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Oakhurst set these rates annually, and they can vary significantly across different neighborhoods. Each year, Oakhurst 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 Oakhurst's effective property tax rate to other counties in Texas and the national median. For comparison, the 77359 zip code has the highest median property tax rate of 1.41%, while the 77359 zip code also has the lowest median tax rate of 1.41%. Understanding how these cities compare with Oakhurst provides valuable insights into the varying tax landscape across San Jacinto, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Oakhurst Tax Rate
1.41%
Average San Jacinto County Tax Rate
1.41%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Oakhurst, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77359 | 1.40% | 1.41% | 1.41% | 1.41% | 1.41% |
Source: Ownwell
Property Tax Assessment Values Across Oakhurst, Texas
In Oakhurst, 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 San Jacinto 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 Oakhurst, 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 Oakhurst helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 77359 has the highest and lowest median tax bill of $332.
Average Oakhurst Assessed Value
$25,420
Average San Jacinto County Assessed Value
$29,120
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Oakhurst, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77359 | $3,970 | $7,800 | $25,420 | $95,340 | $222,072 |
Source: Ownwell
Property Tax Bills Across Oakhurst, Texas
In Oakhurst, San Jacinto County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county appraisal district, reflecting the market value of the property. Once the assessed value is established, the local tax rate is applied to calculate the annual tax bill. For example, with a median home price of $25,420, homeowners in Oakhurst can expect varying tax bills. At the 25th percentile, the tax bill is approximately $110, while at the 75th percentile, it rises to about $1,271. For those in the 90th percentile, the tax bill can reach as high as $2,791. The median tax bill in the area is $332, which is significantly lower than the national median property tax rate of 0.99%. These tax bills impact homeowners by influencing their overall housing costs. Lower property taxes can make homeownership more affordable, whereas higher taxes can add a considerable expense. Understanding these factors is crucial for homeowners budgeting for their annual expenses.
Average Oakhurst Tax Bill
$332
Average San Jacinto County Tax Bill
$424
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Oakhurst, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77359 | $56 | $110 | $332 | $1,271 | $2,791 |
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 | |
|---|---|
| San Jacinto Appraisal District | |
| Website | propaccess.trueautomation.com |