Callahan Co Entrance, Texas Property Taxes
The median property tax rate in CALLAHAN CO ENTRANCE, TX is 0.60%, considerably lower than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in CALLAHAN CO ENTRANCE, the typical annual property tax bill reaches $6,074, significantly higher than the national median of $2,690. Property taxes in CALLAHAN CO ENTRANCE 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 CALLAHAN CO ENTRANCE'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 CALLAHAN CO ENTRANCE 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
Callahan Co Entrance, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.6%
Estimate Property Tax Bill
$6,027
$5,577
$1,148
Average Callahan Co Entrance, Texas Tax Savings
Ownwell’s CALLAHAN CO ENTRANCE Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in CALLAHAN CO ENTRANCE with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in CALLAHAN CO ENTRANCE 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 CALLAHAN CO ENTRANCE. 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 Callahan Co Entrance, Texas
Property taxes in Callahan Co Entrance, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Callahan Co Entrance is 1.22%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Callahan Co Entrance set these rates annually, and they can vary significantly across different neighborhoods. Each year, Callahan Co Entrance 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 Callahan Co Entrance's effective property tax rate to other counties in Texas and the national median. For comparison, the highest median property tax rate in Texas is 2.47%, while the lowest median tax rate is 0.61%. Understanding how these cities compare with Callahan Co Entrance provides valuable insights into the varying tax landscape across Taylor County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Callahan Co Entrance Tax Rate
0.60%
Average Taylor County Tax Rate
2.16%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Callahan Co Entrance, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
$1,148
Average Callahan Co Entrance Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Callahan Co Entrance, Texas
In Callahan Co Entrance, 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 Callahan 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 Callahan Co Entrance, 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 Callahan Co Entrance helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Callahan Co Entrance is $1,004,537, with tax bills ranging from $6,074 at the 25th percentile to $6,074 at the 90th percentile.
Property Tax Assessment Values Across Callahan Co Entrance, Texas
Source: Ownwell
$32,782
$163,580
$294,378
Average Callahan Co Entrance Assessed Value
$1,004,537
Average Taylor County Assessed Value
$148,796
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Callahan Co Entrance, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
$1,148
Average Callahan Co Entrance Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Callahan Co Entrance, Texas
In Callahan Co Entrance, TX, property tax bills are calculated based on the assessed value of your home. The local tax assessor determines this assessed value, which is then multiplied by the tax rate set by various taxing authorities. For instance, with a median home price of $1,004,537, homeowners can expect tax bills around $6,074, which is consistent across the 25th, 75th, and 90th percentiles. This uniformity suggests a relatively straightforward tax rate application in the county. Factors influencing your tax bill include the market value of your property, local tax rates, and any applicable exemptions. High property taxes can significantly impact homeowners, making it crucial to ensure the assessed value reflects the true market value of the property. Ownwell assists homeowners in Callahan Co Entrance by providing expert property tax appeal and exemption services. By challenging over-assessments and securing eligible exemptions, Ownwell helps homeowners reduce their tax bills, ensuring they only pay their fair share. This can result in substantial savings and financial relief for property owners.
Average Callahan Co Entrance Tax Bill
$6,074
Average Taylor County Tax Bill
$3,051
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Callahan Co Entrance, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
$1,148
Average Callahan Co Entrance 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 | |
|---|---|
| Taylor Appraisal District | |
| Website | esearch.taylor-cad.org |
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