Lufkin, Texas Property Taxes
The median property tax rate in Lufkin, TX is 1.59%, which is considerably higher than the national median of 0.99% but slightly lower than the Texas state median of 1.67%. With the median home value in Lufkin at $111,040, the typical annual property tax bill reaches $1,818, which is below the national median of $2,690. Property taxes in Lufkin 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 Lufkin'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 Lufkin or another part of Angelina County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Lufkin, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.59%
Estimate Property Tax Bill
$1,766
$1,634
Ownwell’s Lufkin Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Lufkin with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Lufkin 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 Lufkin, Texas
Property taxes in Lufkin, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Lufkin is 1.59%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Lufkin set these rates annually, and they can vary significantly across different neighborhoods. Each year, Lufkin 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 Lufkin's effective property tax rate to other counties in Texas and the national median. For comparison, the 75901 zip code has the highest median property tax rate of 1.62%, while the 75902 zip code has the lowest median tax rate of 1.51%. Understanding how these cities compare with Lufkin provides valuable insights into the varying tax landscape across Angelina County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Lufkin Tax Rate
1.59%
Average Angelina County Tax Rate
1.54%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lufkin, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75901 | 1.20% | 1.48% | 1.62% | 1.99% | 1.99% |
| 75902 | 1.51% | 1.51% | 1.51% | 1.51% | 1.51% |
| 75904 | 1.17% | 1.44% | 1.53% | 1.99% | 1.99% |
Source: Ownwell
Property Tax Assessment Values Across Lufkin, Texas
In Lufkin, 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 Angelina 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 Lufkin, 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 Lufkin stands at $111,040, with tax bills ranging significantly. For instance, the highest median tax bill is $3,454 in zip code 75902, while the lowest is $1,781 in zip code 75901. 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 Lufkin helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Lufkin Assessed Value
$111,040
Average Angelina County Assessed Value
$99,135
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Lufkin, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75901 | $21,490 | $54,100 | $108,210 | $189,902 | $297,905 |
| 75902 | $228,890 | $228,890 | $228,890 | $228,890 | $228,890 |
| 75904 | $20,650 | $51,975 | $113,905 | $213,122 | $323,292 |
Source: Ownwell
Property Tax Bills Across Lufkin, Texas
In Lufkin, located in Angelina County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county appraisal district, which evaluates the property's market value. This value is then multiplied by the local tax rate to determine the annual tax bill. In Lufkin, the median home price stands at $111,040, and homeowners can expect varying tax bills depending on their property's assessed value. For instance, tax bills in the 25th percentile are around $784, while those in the 75th percentile can reach up to $3,341. The highest median tax bill in the area is $3,454, found in the 75902 zip code, whereas the lowest median tax bill is $1,781 in the 75901 zip code. These figures highlight the significant range in property tax bills, reflecting the diverse property values within the city. Homeowners need to be aware of these factors as they can substantially impact their annual financial obligations.
Average Lufkin Tax Bill
$1,818
Average Angelina County Tax Bill
$1,582
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Lufkin, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75901 | $286 | $808 | $1,781 | $3,171 | $5,154 |
| 75902 | $3,454 | $3,454 | $3,454 | $3,454 | $3,454 |
| 75904 | $309 | $768 | $1,857 | $3,501 | $5,241 |
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 | |
|---|---|
| Angelina Appraisal District | |
| Website | propaccess.trueautomation.com |