Del Valle, Texas Property Taxes
The median property tax rate in Del Valle, TX is 1.51%, notably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Del Valle at $184,574, the typical annual property tax bill reaches $2,324, which is still below the national median of $2,690. Property taxes in Del Valle are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Del Valle'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 Del Valle 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
Del Valle, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.51%
Estimate Property Tax Bill
$2,787
$2,579
$1,148
Average Del Valle, Texas Tax Savings
Ownwell’s Del Valle Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Del Valle with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Del Valle to provide an accurate property tax bill estimate. This valuable tool not only clarifies potential tax liabilities but also demonstrates how Ownwell can help reduce property taxes in Del Valle. For those interested in neighborhood-specific trends, additional localized information is available below. Your property’s assessed value is determined by Bastrop County for tax calculations and considers any applicable exemptions.
Property Tax Rates Across Del Valle, Texas
Property taxes in Del Valle, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Del Valle is 1.51%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Del Valle set these rates annually, and they can vary significantly across different neighborhoods. Each year, Del Valle 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 Del Valle's effective property tax rate to other counties in Texas and the national median. For comparison, the 78617 zip code has the highest median property tax rate of 1.51%, while the same zip code also has the lowest median tax rate of 1.51%. Understanding how these cities compare with Del Valle provides valuable insights into the varying tax landscape across Bastrop County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Del Valle Tax Rate
1.51%
Average Bastrop County Tax Rate
1.39%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Del Valle, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78617 | 0.51% | 1.02% | 1.51% | 1.70% | 1.78% |
Source: Ownwell
$1,148
Average Del Valle Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Del Valle, Texas
In Del Valle, 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 Bastrop 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 Del Valle, 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 example, the median home price in Del Valle is $184,574, with tax bills ranging significantly across the area. The 25th percentile tax bill is $1,078, while the 75th percentile tax bill reaches $4,333. The highest median tax bill is $2,324, found in the 78617 zip code, which also has the lowest median tax bill of $2,324. 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 Del Valle helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Del Valle Assessed Value
$184,574
Average Bastrop County Assessed Value
$264,754
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Del Valle, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78617 | $49,874 | $100,712 | $184,574 | $351,150 | $490,253 |
Source: Ownwell
$1,148
Average Del Valle Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Del Valle, Texas
In Del Valle, property tax bills are calculated based on the assessed value of a home. For instance, with a median home price of $184,574, homeowners can expect a tax bill ranging from $1,078 at the 25th percentile to $4,333 at the 75th percentile. The highest median tax bill in the area is $2,324, found in the 78617 zip code. These tax bills are influenced by factors such as market value, local tax rates, and any applicable exemptions. High property tax bills can place a financial strain on homeowners, making it essential to manage and potentially reduce these costs. This is where Ownwell comes into play. By leveraging expert knowledge and experience, Ownwell assists homeowners in appealing their property assessments and securing exemptions, ultimately lowering their tax bills. With a deep understanding of local tax regulations and a proven track record, Ownwell ensures that homeowners pay only their fair share, providing significant savings and peace of mind.
Average Del Valle Tax Bill
$2,324
Average Bastrop County Tax Bill
$2,784
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Del Valle, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78617 | $363 | $1,078 | $2,324 | $4,333 | $6,905 |
Source: Ownwell
$1,148
Average Del Valle 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 | |
|---|---|
| Bastrop Appraisal District | |
| Website | esearch.bastropcad.org |
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