Enochs, Texas Property Taxes
The median property tax rate in Enochs, TX is 1.63%, slightly lower than the Texas state median of 1.67% but still significantly higher than the national median of 0.99%. With a median home value of $25,766 in Enochs, the typical annual property tax bill amounts to $420, which is much lower than the national median of $2,690. Property taxes in Enochs are based on the tax assessed value, which is often less than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Enochs' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Enochs or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Enochs, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
Ownwell’s Enochs Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Enochs with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate specific to Enochs to provide an estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities with ease. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value, determined by Bailey County, is used for property tax calculations and includes any applicable exemptions.
Property Tax Rates Across Enochs, Texas
Property taxes in Enochs, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Enochs is 1.63%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Enochs set these rates annually, and they can vary significantly across different neighborhoods. Each year, Enochs 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 Enochs's effective property tax rate to other counties in Texas and the national median. For comparison, the 79324 zip code has the highest median property tax rate of 1.63%, while the 79324 zip code also has the lowest median tax rate of 1.63%. Understanding how these cities compare with Enochs provides valuable insights into the varying tax landscape across Bailey County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Enochs Tax Rate
1.63%
Average Bailey County Tax Rate
2.99%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Enochs, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79324 | 1.63% | 1.63% | 1.63% | 1.63% | 1.63% |
Source: Ownwell
Property Tax Assessment Values Across Enochs, Texas
In Enochs, 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 Bailey 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 Enochs, 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 Enochs helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Enochs are both $420, found in the zip code 79324.
Average Enochs Assessed Value
$25,766
Average Bailey County Assessed Value
$46,929
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Enochs, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79324 | $25,766 | $25,766 | $25,766 | $25,766 | $25,766 |
Source: Ownwell
Property Tax Bills Across Enochs, Texas
In Enochs, located in Bailey County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the county appraisal district. The median home price in Enochs is $25,766. Property taxes are then applied to this assessed value using the local tax rate. The national median property tax rate is 0.99%, but specific rates can vary by locality. For homeowners in Enochs, the tax bill remains consistent across various percentiles, with the 25th, 75th, and 90th percentiles all seeing a tax bill of $420. This consistency indicates a uniform application of tax rates across different home values within the area. Homeowners in Enochs can expect to pay a median property tax bill of $420, which is relatively modest compared to national figures. This lower tax burden can make homeownership more affordable, but it also means that local public services funded by property taxes may have limited resources. Understanding how these factors interplay helps homeowners anticipate their financial obligations and the level of services they can expect from local government.
Average Enochs Tax Bill
$420
Average Bailey County Tax Bill
$1,293
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Enochs, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79324 | $420 | $420 | $420 | $420 | $420 |
Source: Ownwell