Trent, Texas Property Taxes
The median property tax rate in Trent, TX is 1.56%, which is notably higher than the national median of 0.99% but slightly below the Texas state median of 1.67%. With a median home value in Trent of $62,466, the typical annual property tax bill amounts to $772, significantly lower than the national median of $2,690. Property taxes in Trent are calculated based on the tax assessed value, which is often less than the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Trent's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Trent or another part of Taylor County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Trent, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.56%
Estimate Property Tax Bill
$974
$902
$1,148
Average Trent, Texas Tax Savings
Ownwell’s TRENT Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in TRENT with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in TRENT 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 TRENT. 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 Trent, Texas
Property taxes in Trent, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Trent is 1.56%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Trent set these rates annually, and they can vary significantly across different neighborhoods. Each year, Trent 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 Trent's effective property tax rate to other counties in Texas and the national median. For comparison, the 79561 zip code has the highest median property tax rate of 1.56%, while the 79561 zip code also has the lowest median tax rate of 1.56%. Understanding how these cities compare with Trent provides valuable insights into the varying tax landscape across Jones, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Trent Tax Rate
1.56%
Average Taylor County Tax Rate
2.16%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Trent, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79561 | 1.00% | 1.32% | 1.56% | 1.73% | 1.73% |
Source: Ownwell
$1,148
Average Trent Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Trent, Texas
In TRENT, 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 Taylor 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 TRENT, 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 TRENT helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $772.00 in zip code 79561, while the lowest is also $772.00 in the same zip code.
Average Trent Assessed Value
$62,466
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 Trent, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79561 | $8,945 | $29,794 | $62,466 | $108,036 | $175,045 |
Source: Ownwell
$1,148
Average Trent Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Trent, Texas
In Trent, located in Taylor County, TX, property tax bills are calculated based on the assessed value of a home. The median home price here is $62,466, and the tax bill varies significantly across different percentiles. For instance, the 25th percentile tax bill is $396, while the 75th percentile tax bill is $1,513. At the 90th percentile, homeowners can expect to pay around $2,286. These figures are influenced by factors such as property size, location, and any applicable exemptions. Homeowners in Trent face a median tax bill of $772, which is significantly lower than the national median property tax rate of 0.99%. Despite this, the variability in tax bills can be substantial. Ownwell can assist homeowners by thoroughly reviewing their property assessments and identifying potential errors or opportunities for exemptions. By appealing inaccurate assessments or securing eligible exemptions, Ownwell helps reduce the overall tax burden, ensuring homeowners only pay their fair share. This service can lead to significant savings and financial relief for property owners.
Average Trent Tax Bill
$772
Average Taylor County Tax Bill
$3,051
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Trent, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79561 | $153 | $396 | $772 | $1,513 | $2,286 |
Source: Ownwell
$1,148
Average Trent 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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