Camp Wood, Texas Property Taxes
The median property tax rate in Camp Wood, TX is 1.47%, which is higher than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $137,216, the typical annual property tax bill in Camp Wood amounts to $1,297, which is below the national median of $2,690. Property taxes here are calculated based on the assessed value, which is often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Camp Wood'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 Camp Wood or another part of Uvalde County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Camp Wood, 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 CAMP WOOD Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in CAMP WOOD with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in CAMP WOOD 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 Camp Wood, Texas
Property taxes in Camp Wood, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Camp Wood is 1.47%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Camp Wood set these rates annually, and they can vary significantly across different neighborhoods. Each year, Camp Wood 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 Camp Wood's effective property tax rate to other counties in Texas and the national median. For comparison, the 78833 zip code has the highest median property tax rate of 1.47%, while the same zip code has the lowest median tax rate of 1.47%. Understanding how these cities compare with Camp Wood provides valuable insights into the varying tax landscape across Uvalde County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Camp Wood Tax Rate
1.47%
Average Uvalde County Tax Rate
1.49%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Camp Wood, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78833 | 0.40% | 0.59% | 1.47% | 1.47% | 1.47% |
Source: Ownwell
Property Tax Assessment Values Across Camp Wood, Texas
In Camp Wood, 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 Uvalde 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 Camp Wood, 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. The median home price in Camp Wood is $137,216, with tax bills ranging significantly. For instance, the 25th percentile tax bill is $534, while the 75th percentile tax bill is $2,491, and the 90th percentile tax bill is $3,153. The highest and lowest median tax bills in the city are both $1,297, found in the 78833 zip code. By understanding these valuation processes, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Camp Wood Assessed Value
$137,216
Average Uvalde County Assessed Value
$113,531
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Camp Wood, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78833 | $56,547 | $87,861 | $137,216 | $178,176 | $227,926 |
Source: Ownwell
Property Tax Bills Across Camp Wood, Texas
In Camp Wood, property tax bills are determined based on the assessed value of a property, which is calculated by the local tax assessor. The assessed value is then multiplied by the local tax rate set by various taxing entities such as the county, school districts, and other special districts. Homeowners in Camp Wood, located in Uvalde County, experience property tax bills that can vary significantly. For instance, the 25th percentile tax bill is around $534, while the 75th percentile tax bill reaches $2,491. At the higher end, the 90th percentile tax bill can be as much as $3,153. The median home price in Camp Wood is $137,216, and the median property tax bill in the area is $1,297, which is higher than the national median property tax rate of 0.99%. These property taxes impact homeowners by influencing their annual financial obligations and potentially affecting property values and marketability.
Average Camp Wood Tax Bill
$1,297
Average Uvalde County Tax Bill
$1,353
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Camp Wood, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78833 | $424 | $534 | $1,297 | $2,491 | $3,153 |
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 | |
---|---|
Uvalde Appraisal District | |
Website | propaccess.trueautomation.com |