Tynan, Texas Property Taxes
The median property tax rate in Tynan, TX is 1.69%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Tynan at $93,806, the typical annual property tax bill reaches $1,582, which is below the national median of $2,690. Property taxes in Tynan 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 Tynan'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 Tynan 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
Tynan, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.69%
Estimate Property Tax Bill
$1,585
$1,467
Ownwell’s Tynan Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Tynan with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Tynan to provide an estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities, offering clarity and foresight. For those interested in neighborhood-level trends, additional localized information is available below. Your property’s assessed value is determined by the county for property tax calculations, considering any applicable exemptions.
Property Tax Rates Across Tynan, Texas
Property taxes in Tynan, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Tynan is 1.69%, higher than both the Texas state median of 1.66% and the U.S. national median of 0.99%. Local government entities within Tynan set these rates annually, and they can vary significantly across different neighborhoods. Each year, Tynan 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 Tynan's effective property tax rate to other counties in Texas and the national median. For comparison, the 78391 zip code has the highest median property tax rate of 1.69%, while the 78391 zip code has the lowest median tax rate of 1.69%. Understanding how these cities compare with Tynan provides valuable insights into the varying tax landscape across San Patricio County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Tynan Tax Rate
1.69%
Average San Patricio County Tax Rate
1.88%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tynan, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78391 | 1.69% | 1.69% | 1.69% | 1.69% | 1.69% |
Source: Ownwell
Property Tax Assessment Values Across Tynan, Texas
In Tynan, 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 Patricio 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 Tynan, 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 Tynan helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills are both $1,582 in the 78391 zip code.
Average Tynan Assessed Value
$93,806
Average San Patricio County Assessed Value
$177,138
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Tynan, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78391 | $39,681 | $59,978 | $93,806 | $138,422 | $165,192 |
Source: Ownwell
Property Tax Bills Across Tynan, Texas
In Tynan, located in San Patricio County, TX, property tax bills are calculated based on the assessed value of a home, which is not to be confused with its market value. The assessed value is determined by local tax authorities and reflects the taxable value of the property. Several factors influence this assessed value, including the property's size, age, location, and any improvements made. Once the assessed value is determined, it is multiplied by the local tax rate to calculate the tax bill. For example, the median home price in Tynan is $93,806. Property tax bills vary significantly, with the 25th percentile at $1,011 and the 75th percentile at $2,334, while the 90th percentile can reach up to $2,785. This range indicates how different factors can influence the final tax amount. Homeowners in Tynan should be aware of these factors as they directly impact their annual property tax obligations, often making a significant difference in their household budgets compared to the national median property tax rate of 0.99%.
Average Tynan Tax Bill
$1,582
Average San Patricio County Tax Bill
$3,126
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Tynan, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78391 | $669 | $1,011 | $1,582 | $2,334 | $2,785 |
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 Patricio Appraisal District | |
| Website | esearch.sanpatcad.org |