Prairie View, Texas Property Taxes
The median property tax rate in Prairie View, TX is 2.45%, significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Prairie View at $171,120, the typical annual property tax bill reaches $3,715, surpassing the national median of $2,690. Property taxes in Prairie View are calculated based on the assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Prairie View'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 Prairie View 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
Prairie View, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
$2,192
$1,148
Average Prairie View, Texas Tax Savings
Ownwell’s Prairie View Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Prairie View with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Prairie View 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 Prairie View. 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 Prairie View, Texas
Property taxes in Prairie View, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Prairie View is 2.45%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Prairie View set these rates annually, and they can vary significantly across different neighborhoods. Each year, Prairie View 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 Prairie View's effective property tax rate to other counties in Texas and the national median. For comparison, the 77447 zip code has the highest median property tax rate of 2.45%, while the 77466 zip code has the lowest median tax rate of 1.23%. Understanding how these cities compare with Prairie View provides valuable insights into the varying tax landscape across Waller County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Prairie View Tax Rate
2.45%
Average Waller County Tax Rate
1.72%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Prairie View, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77445 | 2.45% | 2.45% | 2.45% | 2.45% | 2.45% |
| 77446 | 1.71% | 2.22% | 2.45% | 2.45% | 2.45% |
| 77447 | 2.45% | 2.45% | 2.45% | 2.45% | 2.45% |
| 77466 | 1.23% | 1.23% | 1.23% | 1.23% | 1.23% |
| 77484 | 2.29% | 2.45% | 2.45% | 2.45% | 2.45% |
Source: Ownwell
$1,148
Average Prairie View Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Prairie View, Texas
In Prairie View, 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 Waller 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 Prairie View, 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. For instance, the zip code with the highest median tax bill is 77447 at $9,559, while the lowest is 77445 at $3,098. Being aware of these valuation processes in Prairie View helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Prairie View Assessed Value
$171,120
Average Waller County Assessed Value
$273,670
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Prairie View, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77445 | $39,465 | $60,258 | $98,155 | $153,385 | $163,145 |
| 77446 | $53,150 | $98,200 | $171,290 | $247,900 | $290,670 |
| 77447 | $390,340 | $390,340 | $390,340 | $390,340 | $390,340 |
| 77466 | $296,410 | $296,410 | $296,410 | $296,410 | $296,410 |
| 77484 | $53,348 | $62,300 | $212,080 | $589,820 | $600,750 |
Source: Ownwell
$1,148
Average Prairie View Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Prairie View, Texas
Property tax bills in Prairie View, located in Waller County, TX, are calculated based on the assessed value of the property multiplied by the local tax rate. The assessed value is determined by the county appraisal district and reflects the market value of the property. Factors such as property size, location, and improvements contribute to this assessed value. Homeowners in Prairie View face varying tax bills, with the 25th percentile paying around $2,280, while those in the 90th percentile might see bills as high as $6,489. Comparatively, the national median property tax rate is 0.99%, making Prairie View’s tax rates competitive but still a significant expense for homeowners. Ownwell assists homeowners by providing expert property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies or opportunities for exemptions, Ownwell can help reduce tax liabilities, ensuring homeowners pay only their fair share. This personalized approach can lead to substantial savings, making homeownership more affordable.
Average Prairie View Tax Bill
$3,715
Average Waller County Tax Bill
$4,531
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Prairie View, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77445 | $880 | $1,398 | $3,098 | $3,976 | $3,999 |
| 77446 | $1,224 | $2,289 | $3,698 | $5,948 | $6,461 |
| 77447 | $9,559 | $9,559 | $9,559 | $9,559 | $9,559 |
| 77466 | $3,653 | $3,653 | $3,653 | $3,653 | $3,653 |
| 77484 | $1,305 | $1,432 | $5,194 | $14,444 | $14,712 |
Source: Ownwell
$1,148
Average Prairie View Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 31 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | November 30 |
| Due Date #2 | June 30 |
Links | |
|---|---|
| Waller Appraisal District | |
| Website | esearch.waller-cad.org |
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