Fritch, Texas Property Taxes
The median property tax rate in Fritch, TX is 1.55%, notably higher than the national median of 0.99% but slightly lower than the Texas state median of 1.67%. With a median home value of $76,090 in Fritch, the typical annual property tax bill amounts to $956, which is significantly below the national median of $2,690. Property taxes in Fritch 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 use. Understanding Fritch's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Fritch or another part of Carson County, getting a grasp on the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Fritch, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
Ownwell’s Fritch Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Fritch with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Fritch 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 Fritch, Texas
Property taxes in Fritch, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Fritch is 1.55%, higher than both the Texas state median of 1.6% and the U.S. national median of 0.99%. Local government entities within Fritch set these rates annually, and they can vary significantly across different neighborhoods. Each year, Fritch 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 Fritch's effective property tax rate to other counties in Texas and the national median. For comparison, the 79036 zip code has the highest median property tax rate of 1.55%, while the 79036 zip code also has the lowest median tax rate of 1.55%. Understanding how these cities compare with Fritch provides valuable insights into the varying tax landscape across Carson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Fritch Tax Rate
1.55%
Average Carson County Tax Rate
1.99%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fritch, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79036 | 0.88% | 1.27% | 1.55% | 1.58% | 1.58% |
Source: Ownwell
Property Tax Assessment Values Across Fritch, Texas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Fritch, Texas. The market value represents 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 Carson 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 Fritch 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. The median home price in Fritch is $76,090, with the 25th percentile tax bill at $387 and the 75th percentile tax bill at $1,710. The highest and lowest median tax bills are both $956, found in zip code 79036. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Fritch Assessed Value
$76,090
Average Carson County Assessed Value
$87,235
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Fritch, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79036 | $9,887 | $33,798 | $76,090 | $118,895 | $168,112 |
Source: Ownwell
Property Tax Bills Across Fritch, Texas
In Fritch, located in Carson County, TX, property tax bills are calculated based on the assessed value of the home and the local tax rate. The median home price in Fritch is $76,090. To determine the tax bill, the assessed value of the property is multiplied by the local tax rate. For Fritch, the range of property tax bills varies significantly, with the 25th percentile at $387 and the 75th percentile at $1,710. The highest median tax bill in the area is $956, which is also the lowest median tax bill, indicating a consistent tax burden within the 79036 zip code. Homeowners in Fritch face property tax bills that can have a substantial impact on their finances. With a national median property tax rate of 0.99%, the rates in Fritch may seem relatively moderate but can still pose a financial challenge for some, especially when considering the broader range of tax bills up to the 90th percentile at $2,183. Understanding how these factors interplay is crucial for homeowners planning their annual budgets.
Average Fritch Tax Bill
$956
Average Carson County Tax Bill
$1,745
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Fritch, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79036 | $117 | $387 | $956 | $1,710 | $2,183 |
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 | |
|---|---|
| Carson Appraisal District | |
| Website | esearch.carsoncad.org |