College Station, Texas Property Taxes
The median property tax rate in College Station, TX is 1.83%, significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $335,368, the typical annual property tax bill in College Station reaches $5,781, far exceeding the national median of $2,690. Property taxes in College Station are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding College Station'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 College Station 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
College Station, 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 College Station, Texas Tax Savings
Ownwell’s College Station Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in College Station with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in College Station 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 College Station. 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 College Station, Texas
Property taxes in College Station, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in College Station is 1.83%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within College Station set these rates annually, and they can vary significantly across different neighborhoods. Each year, College Station 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 College Station's effective property tax rate to other counties in Texas and the national median. For comparison, the 77842 zip code has the highest median property tax rate of 1.98%, while the 77845 zip code has the lowest median tax rate of 1.72%. Understanding how these cities compare with College Station provides valuable insights into the varying tax landscape across Brazos County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average College Station Tax Rate
1.83%
Average Brazos County Tax Rate
1.80%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across College Station, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77840 | 1.60% | 1.88% | 1.88% | 1.88% | 1.88% |
| 77842 | 1.98% | 1.98% | 1.98% | 1.98% | 1.98% |
| 77845 | 1.27% | 1.51% | 1.72% | 1.88% | 1.88% |
Source: Ownwell
$1,148
Average College Station Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across College Station, Texas
In College Station, 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 Brazos 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. Assessment notices in College Station 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 instance, the highest median tax bill in College Station is $7,421 in the 77842 zip code, while the lowest median tax bill is $4,910 in the 77840 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average College Station Assessed Value
$335,368
Average Brazos County Assessed Value
$278,820
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across College Station, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77840 | $151,343 | $215,000 | $267,968 | $377,311 | $537,253 |
| 77842 | $374,243 | $374,243 | $374,243 | $374,243 | $374,243 |
| 77845 | $230,462 | $281,650 | $354,391 | $491,878 | $724,925 |
Source: Ownwell
$1,148
Average College Station Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across College Station, Texas
Property tax bills in College Station, located in Brazos County, TX, are calculated based on the assessed value of a property. This value is determined by the local appraisal district and reflects the market value of the home. The tax rate is then applied to this assessed value to determine the annual property tax bill. For instance, with a median home price of $335,368, homeowners in College Station can expect to pay a significant amount, with tax bills ranging from $4,602 at the 25th percentile to $10,811 at the 90th percentile. The highest median tax bill in the area is $7,421, found in zip code 77842, while the lowest is $4,910 in zip code 77840. These taxes can place a considerable financial burden on homeowners. Ownwell can help homeowners in College Station save on their property tax bills by providing expert property tax appeal and exemption services. By ensuring that properties are fairly assessed and by identifying potential exemptions, Ownwell can significantly reduce the financial strain of high property taxes.
Average College Station Tax Bill
$5,781
Average Brazos County Tax Bill
$4,919
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across College Station, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77840 | $2,819 | $3,934 | $4,910 | $6,789 | $9,828 |
| 77842 | $7,421 | $7,421 | $7,421 | $7,421 | $7,421 |
| 77845 | $3,782 | $4,880 | $6,052 | $7,915 | $11,001 |
Source: Ownwell
$1,148
Average College Station Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 20 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | November 30 |
| Due Date #2 | June 30 |
Links | |
|---|---|
| Brazos Appraisal District | |
| Phone | (979) 774-4100 |
| Website | esearch.brazoscad.org |
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