Poteet, Texas Property Taxes
The median property tax rate in Poteet, TX is 1.63%, slightly lower than the Texas state median of 1.67% but still higher than the national median of 0.99%. With a median home value of $103,065, the typical annual property tax bill in Poteet reaches $1,629, which is below the national median of $2,690. Property taxes in Poteet are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Poteet'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 Poteet or another part of Atascosa County, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Poteet, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.63%
Estimate Property Tax Bill
$1,680
$1,554
Ownwell’s Poteet Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Poteet with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Poteet 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 Poteet, Texas
Property taxes in Poteet, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Poteet is 1.63%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Poteet set these rates annually, and they can vary significantly across different neighborhoods. Each year, Poteet 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 Poteet's effective property tax rate to other counties in Texas and the national median. For comparison, the 78065 zip code has both the highest and lowest median property tax rate of 1.63%. Understanding how these cities compare with Poteet provides valuable insights into the varying tax landscape across Atascosa County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Poteet Tax Rate
1.63%
Average Atascosa County Tax Rate
1.63%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Poteet, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78065 | 0.52% | 1.31% | 1.63% | 1.81% | 2.64% |
Source: Ownwell
Property Tax Assessment Values Across Poteet, Texas
In Poteet, 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 Atascosa 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 Poteet, 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. Being aware of these valuation processes in Poteet helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Poteet, both at $1,629, are found in the 78065 zip code.
Average Poteet Assessed Value
$103,065
Average Atascosa County Assessed Value
$120,550
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Poteet, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78065 | $22,102 | $45,505 | $103,065 | $210,312 | $364,713 |
Source: Ownwell
Property Tax Bills Across Poteet, Texas
In Poteet, Atascosa County, TX, property tax bills are calculated based on the assessed value of your home and the local property tax rate. The assessed value is determined by the county appraisal district and reflects the market value of the property. Once the assessed value is established, the local tax rate is applied to calculate the tax bill. For homeowners in Poteet, the median home price is $103,065. The tax bills vary significantly, with the 25th percentile at $697 and the 75th percentile at $3,155. At the 90th percentile, tax bills can reach up to $5,059. These figures indicate that while some homeowners may pay relatively low property taxes, others could face much higher bills depending on their property's assessed value. Comparing these figures to the national median property tax rate of 0.99%, it's clear that property tax bills in Poteet can be both lower and higher than the national average, significantly impacting homeowners' financial planning and budgeting.
Average Poteet Tax Bill
$1,629
Average Atascosa County Tax Bill
$1,803
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Poteet, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78065 | $223 | $697 | $1,629 | $3,155 | $5,059 |
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 | |
|---|---|
| Atascosa Appraisal District | |
| Website | propaccess.trueautomation.com |