Elmendorf, Texas Property Taxes
The median property tax rate in Elmendorf, TX is 1.33%, slightly above the national median of 0.99% but below the Texas state median of 1.67%. With a median home value of $46,670 in Elmendorf, the typical annual property tax bill amounts to $703, which is significantly lower than the national median of $2,690. Property taxes in Elmendorf are calculated based on the assessed value, which is often less than the market value due to exemptions like those for primary residences and agricultural use. Navigating Elmendorf'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 Elmendorf 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
Elmendorf, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.33%
Estimate Property Tax Bill
$621
$574
Ownwell’s Elmendorf Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Elmendorf with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Elmendorf 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 Elmendorf, Texas
Property taxes in Elmendorf, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Elmendorf is 1.33%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Elmendorf set these rates annually, and they can vary significantly across different neighborhoods. Each year, Elmendorf 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 Elmendorf's effective property tax rate to other counties in Texas and the national median. For comparison, the 78112 zip code has the highest median property tax rate of 1.33%, while the same zip code also has the lowest median tax rate of 1.33%. Understanding how these cities compare with Elmendorf provides valuable insights into the varying tax landscape across Wilson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Elmendorf Tax Rate
1.33%
Average Wilson County Tax Rate
1.61%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Elmendorf, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78112 | 0.87% | 0.98% | 1.33% | 1.60% | 1.69% |
Source: Ownwell
Property Tax Assessment Values Across Elmendorf, Texas
In Elmendorf, 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 Wilson 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 Elmendorf, 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. Elmendorf's median home price is $46,670, with tax bills ranging from $423 at the 25th percentile to $1,281 at the 90th percentile. The highest median tax bill is found in zip code 78112, amounting to $703. 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 Elmendorf helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Elmendorf Assessed Value
$46,670
Average Wilson County Assessed Value
$215,505
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Elmendorf, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78112 | $29,580 | $36,390 | $46,670 | $86,580 | $106,970 |
Source: Ownwell
Property Tax Bills Across Elmendorf, Texas
In Elmendorf, property tax bills are determined by assessing the market value of a home and applying the local tax rate set by Wilson County. The median home price in Elmendorf is $46,670, and the property tax rate is applied to this assessed value to calculate the annual tax bill. Homeowners can expect their tax bills to vary based on their property's assessed value and the specific tax rate for their area. Factors influencing the tax bill include the property's market value, any applicable exemptions, and the tax rate set by local authorities. For example, the 25th percentile tax bill is $423, while the 75th percentile tax bill is $828, and the 90th percentile tax bill reaches $1,281. These property taxes significantly impact homeowners by contributing to local services such as schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, Elmendorf's rates can vary, making it essential for homeowners to understand how their specific tax bill is calculated and budget accordingly.
Average Elmendorf Tax Bill
$703
Average Wilson County Tax Bill
$3,078
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Elmendorf, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78112 | $348 | $423 | $703 | $828 | $1,281 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
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Appeal Deadline | May 15 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | November 30 |
Due Date #2 | June 30 |
Links | |
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Wilson Appraisal District | |
Website | propaccess.trueautomation.com |