Zephyr, Texas Property Taxes
The median property tax rate in Zephyr, TX is 1.16%, which is higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Zephyr, the typical annual property tax bill reaches $1,530, falling below the national median of $2,690. Property taxes in Zephyr 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 Zephyr'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 Zephyr 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
Zephyr, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.16%
Estimate Property Tax Bill
$1,940
$1,795
Ownwell’s Zephyr Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Zephyr with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Zephyr 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 Zephyr, Texas
Property taxes in Zephyr, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Zephyr is 1.16%, higher than both the Texas state median of 1.09% and the U.S. national median of 0.99%. Local government entities within Zephyr set these rates annually, and they can vary significantly across different neighborhoods. Each year, Zephyr 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 Zephyr's effective property tax rate to other counties in Texas and the national median. For comparison, the 76890 zip code has the highest median property tax rate of 1.16%, while the 76890 zip code also has the lowest median tax rate of 1.16%. Understanding how these cities compare with Zephyr provides valuable insights into the varying tax landscape across Brown County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Zephyr Tax Rate
1.16%
Average Brown County Tax Rate
1.58%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Zephyr, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76890 | 0.36% | 0.66% | 1.16% | 1.38% | 1.38% |
Source: Ownwell
Property Tax Assessment Values Across Zephyr, Texas
In Zephyr, 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 Brown 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 Zephyr, 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 Zephyr helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Zephyr, the zip code with the highest median tax bill is 76890, where homeowners face an average tax bill of $1530. Conversely, the same zip code also has the lowest median tax bill at $1530.
Average Zephyr Assessed Value
$167,260
Average Brown County Assessed Value
$114,110
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Zephyr, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76890 | $27,842 | $72,738 | $167,260 | $354,505 | $612,918 |
Source: Ownwell
Property Tax Bills Across Zephyr, Texas
Property tax bills in Zephyr, located in Brown County, TX, are calculated based on the assessed value of the property and the local tax rate. The assessed value is determined by the county appraisal district, which evaluates the market value of the property. This value is then multiplied by the local tax rate to calculate the annual property tax bill. In Zephyr, the median home price is $167,260. Homeowners can expect their tax bills to vary significantly, with the 25th percentile tax bill at $845 and the 75th percentile tax bill at $2,648. The 90th percentile tax bill can reach up to $3,865, reflecting the variation in property values and applicable exemptions. These property taxes fund essential local services such as schools, public safety, and infrastructure, directly impacting homeowners by contributing to the community's overall quality of life. Compared to the national median property tax rate of 0.99%, homeowners in Zephyr may find their property tax bills to be relatively aligned with national averages, depending on their specific property assessments and exemptions.
Average Zephyr Tax Bill
$1,530
Average Brown County Tax Bill
$1,714
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Zephyr, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76890 | $321 | $845 | $1,530 | $2,648 | $3,865 |
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 | |
|---|---|
| Brown Appraisal District | |
| Website | propaccess.trueautomation.com |