Cuney, Texas Property Taxes
The median property tax rate in Cuney, TX is 1.55%, which is notably higher than the national median of 0.99% but slightly below the Texas state median of 1.67%. With a median home value of $37,620 in Cuney, the typical annual property tax bill amounts to $374, which is significantly lower than the national median of $2,690. Property taxes in Cuney are determined based on the tax assessed value, often lower than market value due to exemptions like the primary residence and agricultural exemptions. Understanding Cuney'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 Cuney or another part of Cherokee County, comprehending the local property tax system is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
Cuney, 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 Cuney Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Cuney with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Cuney 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 Cuney, Texas
Property taxes in Cuney, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Cuney is 1.55%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Cuney set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cuney 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 Cuney's effective property tax rate to other counties in Texas and the national median. For comparison, the 75759 zip code has the highest median property tax rate of 1.55%, while the 75759 zip code has the lowest median tax rate of 1.55%. Understanding how these cities compare with Cuney provides valuable insights into the varying tax landscape across Cherokee County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Cuney Tax Rate
1.55%
Average Cherokee County Tax Rate
1.52%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cuney, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75759 | 0.82% | 1.08% | 1.55% | 1.55% | 1.55% |
Source: Ownwell
Property Tax Assessment Values Across Cuney, Texas
In Cuney, 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 Cherokee 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 Cuney, 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. For example, the highest median tax bill in Cuney is $374 in the 75759 zip code, while the lowest is also $374 in the same 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 Cuney Assessed Value
$37,620
Average Cherokee County Assessed Value
$121,540
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cuney, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75759 | $4,595 | $9,820 | $37,620 | $93,590 | $169,532 |
Source: Ownwell
Property Tax Bills Across Cuney, Texas
In Cuney, TX, property tax bills are calculated based on the assessed value of a home. The local tax authority determines this assessed value, which may differ from the market value. Homeowners in Cuney, located in Cherokee County, typically see a range of property tax bills. For the 25th percentile, tax bills are around $144, while those at the 75th percentile pay approximately $908. At the 90th percentile, tax bills can reach up to $1,794. The median home price in Cuney is $37,620, which significantly influences the overall tax bill. The highest and lowest median tax bills in the area both stand at $374, specifically in the 75759 zip code. Compared to the national median property tax rate of 0.99%, Cuney’s property tax rates can vary widely, impacting homeowners differently based on their property’s assessed value. This variability underscores the importance of understanding local tax assessments, as they play a crucial role in determining the financial obligations of property ownership.
Average Cuney Tax Bill
$374
Average Cherokee County Tax Bill
$1,611
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Cuney, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75759 | $69 | $144 | $374 | $908 | $1,794 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
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Appeal Deadline | May 15 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | November 30 |
Due Date #2 | June 30 |
Links | |
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Cherokee Appraisal District | |
Website | propaccess.trueautomation.com |