Garland, Texas Property Taxes
The median property tax rate in Garland, TX is 1.67%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Garland, the typical annual property tax bill reaches $8,785, far exceeding the national median of $2,690. Property taxes in Garland 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 Garland'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 Garland 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
Garland, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
$2,192
$1,148
Average Garland, Texas Tax Savings
Ownwell’s Garland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Garland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Garland 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 Garland. 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 Garland, Texas
Property taxes in Garland, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Garland is 1.67%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Garland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Garland 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 Garland's effective property tax rate to other counties in Texas and the national median. For comparison, the 75044 zip code has the highest median property tax rate of 1.67%, while the 75044 zip code also has the lowest median tax rate of 1.67%. Understanding how these cities compare with Garland provides valuable insights into the varying tax landscape across Collin County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Garland Tax Rate
1.67%
Average Collin County Tax Rate
1.60%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Garland, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75044 | 1.56% | 1.60% | 1.67% | 1.78% | 2.00% |
Source: Ownwell
$1,148
Average Garland Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Garland, Texas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Garland, Texas. 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 Collin 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 Garland, 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 Garland helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 75044, with a bill of $8,785, which is also the lowest median tax bill in the area.
Average Garland Assessed Value
$526,386
Average Collin County Assessed Value
$477,029
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Garland, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75044 | $104,138 | $459,260 | $526,386 | $607,060 | $808,021 |
Source: Ownwell
$1,148
Average Garland Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Garland, Texas
In Garland, located in Collin County, TX, property tax bills are calculated by multiplying the assessed value of a home by the local tax rate. The median home price in Garland is $526,386, and the tax rate in Collin County is higher than the national median of 0.99%. Homeowners in Garland can expect a 25th percentile tax bill of around $7,729 and a 75th percentile tax bill of approximately $10,274. For those in the 90th percentile, tax bills can reach up to $14,122. The highest median tax bill in the area is $8,785, all within the 75044 zip code. Factors influencing the tax bill include the home's assessed value and any applicable exemptions. High property taxes can significantly impact homeowners, leading to higher monthly mortgage payments and overall housing costs. Ownwell assists homeowners by providing property tax appeal and exemption services, helping to lower assessed values and secure exemptions. This can result in substantial savings on annual property tax bills, making homeownership more affordable.
Average Garland Tax Bill
$8,785
Average Collin County Tax Bill
$7,555
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Garland, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75044 | $1,625 | $7,729 | $8,785 | $10,274 | $14,122 |
Source: Ownwell
$1,148
Average Garland 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 | |
|---|---|
| Collin Appraisal District | |
| Phone | (469) 742-9200 |
| Website | esearch.collincad.org |
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