Mc Dade, Texas Property Taxes
The median property tax rate in Mc Dade, TX is 0.92%, slightly lower than the national median of 0.99% and significantly below the Texas state median of 1.67%. With the median home value in Mc Dade at $209,144, the typical annual property tax bill is $1,573, which is well under the national median of $2,690. Property taxes in Mc Dade are calculated based on the tax assessed value, often lower than the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Mc Dade'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 Mc Dade or another part of Bastrop County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Mc Dade, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
$2,192
$1,148
Average Mc Dade, Texas Tax Savings
Ownwell’s MC DADE Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in MC DADE with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in MC DADE to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in MC DADE. 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 Mc Dade, Texas
Property taxes in Mc Dade, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mc Dade is 0.92%, slightly lower than the U.S. national median of 0.99%. Local government entities within Mc Dade set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mc Dade 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 Mc Dade's effective property tax rate to other counties in Texas and the national median. For comparison, the zip code 78650 within Bastrop County has the highest median property tax rate of 0.92%, while the same zip code also has the lowest median tax rate of 0.92%. Understanding how these cities compare with Mc Dade 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 Mc Dade Tax Rate
0.92%
Average Bastrop County Tax Rate
1.39%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mc Dade, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78650 | 0.23% | 0.54% | 0.92% | 1.40% | 1.42% |
Source: Ownwell
$1,148
Average Mc Dade Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Mc Dade, Texas
In MC DADE, 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 MC DADE, 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. For example, the median home price in MC DADE is $209,144, with tax bills ranging from $664 at the 25th percentile to $4,938 at the 90th percentile. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Mc Dade Assessed Value
$209,144
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 Mc Dade, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78650 | $35,216 | $94,932 | $209,144 | $404,547 | $605,059 |
Source: Ownwell
$1,148
Average Mc Dade Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Mc Dade, Texas
In Mc Dade, Bastrop County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. With a median home price of $209,144, homeowners can expect varying tax bills depending on their property's assessed value. For instance, the 25th percentile tax bill is $664, while the 75th percentile tax bill rises to $3,143, and the 90th percentile reaches $4,938. These figures illustrate the significant range in property tax obligations within the area. Homeowners in Mc Dade face a higher tax burden compared to the national median property tax rate of 0.99%. Factors such as property size, location, and improvements can influence the assessed value and, consequently, the tax bill. Ownwell can assist homeowners by reviewing their property assessments, identifying discrepancies, and filing appeals to ensure fair taxation. By leveraging expertise in property tax laws and local market trends, Ownwell helps clients potentially save thousands on their property tax bills, providing financial relief and peace of mind.
Average Mc Dade Tax Bill
$1,573
Average Bastrop County Tax Bill
$2,784
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Mc Dade, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78650 | $200 | $664 | $1,573 | $3,143 | $4,938 |
Source: Ownwell
$1,148
Average Mc Dade 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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