Stowell, Texas Property Taxes
The median property tax rate in Stowell, TX is 1.12%, slightly higher than the national median of 0.99% but lower than Texas' state median of 1.67%. With a median home value of $104,430 in Stowell, the typical annual property tax bill amounts to $993, which is below the national median of $2,690. Property taxes in Stowell are calculated based on the assessed value, which is often lower than the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Stowell'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 Stowell 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
Stowell, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.12%
Estimate Property Tax Bill
$1,170
$1,082
$1,148
Average Stowell, Texas Tax Savings
Ownwell’s Stowell Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Stowell with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Stowell 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 Stowell. 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 Stowell, Texas
Property taxes in Stowell, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Stowell is 1.12%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Stowell set these rates annually, and they can vary significantly across different neighborhoods. Each year, Stowell 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 Stowell's effective property tax rate to other counties in Texas and the national median. For comparison, the 77661 zip code has the highest median property tax rate of 1.12%, while the 77661 zip code also has the lowest median tax rate of 1.12%. Understanding how these cities compare with Stowell provides valuable insights into the varying tax landscape across Chambers County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Stowell Tax Rate
1.12%
Average Chambers County Tax Rate
0.41%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Stowell, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77661 | 0.31% | 0.69% | 1.12% | 1.75% | 1.86% |
Source: Ownwell
$1,148
Average Stowell Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Stowell, Texas
In Stowell, 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 Chambers 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 Stowell, 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Stowell, the zip code with the highest median tax bill is 77661, with a median tax bill of $993.00, which is also the lowest median tax bill in the area.
Average Stowell Assessed Value
$104,430
Average Chambers County Assessed Value
$279,850
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Stowell, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77661 | $26,136 | $55,060 | $104,430 | $179,920 | $280,964 |
Source: Ownwell
$1,148
Average Stowell Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Stowell, Texas
Property tax bills in Stowell, Chambers County, TX, are calculated based on the assessed value of a property and the local tax rate. The median home price in Stowell is $104,430, and the tax rate is applied to this value to determine the annual tax bill. Factors such as property improvements, neighborhood changes, and market conditions can influence the assessed value. Homeowners in Stowell can expect tax bills ranging from $473 at the 25th percentile to $3,796 at the 90th percentile. These taxes can significantly impact homeowners, making it essential to ensure that assessments are fair and accurate. Ownwell offers property tax appeal and exemption services to help homeowners reduce their tax bills. By analyzing market data and property specifics, Ownwell identifies potential discrepancies in assessments and files appeals on behalf of homeowners. This professional assistance can lead to substantial savings, easing the financial burden of property taxes.
Average Stowell Tax Bill
$993
Average Chambers County Tax Bill
$1,206
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Stowell, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77661 | $164 | $473 | $993 | $2,127 | $3,796 |
Source: Ownwell
$1,148
Average Stowell 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 | |
|---|---|
| Chambers Appraisal District | |
| Website | www.chamberscad.org |
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