Mirando City, Texas Property Taxes
The median property tax rate in Mirando City, TX is 0.38%, significantly lower than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Mirando City, the typical annual property tax bill is $74, which is far below the national median of $2,690. Property taxes in Mirando City are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Mirando City'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 Mirando City 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
Mirando City, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.38%
Estimate Property Tax Bill
$90
$83
$1,148
Average Mirando City, Texas Tax Savings
Ownwell’s Mirando City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mirando City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mirando City 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 Mirando City. 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 Mirando City, Texas
Property taxes in Mirando City, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mirando City is 0.38%, which is lower than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Mirando City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mirando City 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 Mirando City's effective property tax rate to other counties in Texas and the national median. For comparison, 77494 has the highest median property tax rate of 2.83%, while 79852 has the lowest median tax rate of 0.18%. Understanding how these cities compare with Mirando City provides valuable insights into the varying tax landscape across Webb County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mirando City Tax Rate
0.38%
Average Webb County Tax Rate
0.50%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mirando City, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78369 | 0.30% | 0.36% | 0.38% | 0.39% | 0.42% |
Source: Ownwell
$1,148
Average Mirando City Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Mirando City, Texas
In Mirando City, 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 Webb 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 Mirando City, 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. For instance, the 25th percentile tax bill in Mirando City is $30, while the 75th percentile reaches $200, and the 90th percentile peaks at $271. 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 Mirando City helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Mirando City Assessed Value
$23,736
Average Webb County Assessed Value
$156,324
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mirando City, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78369 | $5,078 | $9,462 | $23,736 | $57,598 | $88,564 |
Source: Ownwell
$1,148
Average Mirando City Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Mirando City, Texas
In Mirando City, Webb County, TX, property tax bills are calculated based on the assessed value of your home and the local tax rate. The median home price in Mirando City is $23,736, which provides a baseline for understanding property taxes in the area. Factors such as property size, location, and market conditions influence the assessed value. For instance, homeowners in the 25th percentile can expect a tax bill around $30, while those in the 75th percentile might see bills closer to $200. At the higher end, the 90th percentile tax bill reaches approximately $271. These property tax bills can significantly impact homeowners, especially when the assessed value doesn't accurately reflect the market value. This is where Ownwell steps in. By offering expert property tax appeal and exemption services, Ownwell helps homeowners ensure their tax bills are fair and accurate. Our team works diligently to review assessments, file appeals, and secure exemptions, potentially saving homeowners hundreds of dollars annually on their property taxes.
Average Mirando City Tax Bill
$74
Average Webb County Tax Bill
$727
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Mirando City, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78369 | $18 | $30 | $74 | $200 | $271 |
Source: Ownwell
$1,148
Average Mirando City 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 | |
|---|---|
| Webb Appraisal District | |
| Website | www.webbcad.org |
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