Point Comfort, Texas Property Taxes
The median property tax rate in Point Comfort, TX is 1.91%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Point Comfort at $78,250, the typical annual property tax bill reaches $1,230, below the national median of $2,690. Property taxes in Point Comfort 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 Point Comfort'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 Point Comfort 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
Point Comfort, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.91%
Estimate Property Tax Bill
$1,495
$1,383
Ownwell’s Point Comfort Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Point Comfort with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Point Comfort 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 Point Comfort, Texas
Property taxes in Point Comfort, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Point Comfort is 1.91%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Point Comfort set these rates annually, and they can vary significantly across different neighborhoods. Each year, Point Comfort 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 Point Comfort's effective property tax rate to other counties in Texas and the national median. For comparison, the 77978 zip code has the highest median property tax rate of 1.91%, while the same zip code also has the lowest median tax rate of 1.91%. Understanding how these cities compare with Point Comfort provides valuable insights into the varying tax landscape across Calhoun County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Point Comfort Tax Rate
1.91%
Average Calhoun County Tax Rate
1.38%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Point Comfort, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77978 | 0.54% | 1.08% | 1.91% | 2.09% | 2.16% |
Source: Ownwell
Property Tax Assessment Values Across Point Comfort, Texas
In Point Comfort, 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 Calhoun 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 Point Comfort 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 median home price in Point Comfort is $78,250, with tax bills ranging from $775 at the 25th percentile to $2,263 at the 90th percentile. Being aware of these valuation processes in Point Comfort helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Point Comfort Assessed Value
$78,250
Average Calhoun County Assessed Value
$110,860
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Point Comfort, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77978 | $44,580 | $58,352 | $78,250 | $108,680 | $150,462 |
Source: Ownwell
Property Tax Bills Across Point Comfort, Texas
In Point Comfort, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the Calhoun County appraisal district, which evaluates the market value of properties annually. Once assessed, the tax rate set by local taxing authorities is applied to this value to calculate the tax bill. The median home price in Point Comfort is $78,250. Homeowners in the 25th percentile can expect a tax bill of around $775, while those in the 75th percentile might pay approximately $1,658. For the top 10% of property values, tax bills can reach up to $2,263. These factors significantly impact homeowners, as higher assessed values and tax rates lead to larger tax bills. Compared to the national median property tax rate of 0.99%, Point Comfort's property taxes can be a considerable financial responsibility, affecting overall affordability and budgeting for residents.
Average Point Comfort Tax Bill
$1,230
Average Calhoun County Tax Bill
$1,200
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Point Comfort, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77978 | $452 | $775 | $1,230 | $1,658 | $2,263 |
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 | |
|---|---|
| Calhoun Appraisal District | |
| Website | propaccess.trueautomation.com |