Ralls, Texas Property Taxes
The median property tax rate in Ralls, TX is 2.20%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Ralls, the typical annual property tax bill reaches $1,126, exceeding the national median of $2,690. Property taxes in Ralls 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 Ralls'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 Ralls 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
Ralls, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.2%
Estimate Property Tax Bill
$1,299
$1,202
Ownwell’s Ralls Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ralls with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ralls 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 Ralls, Texas
Property taxes in Ralls, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ralls is 2.20%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Ralls set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ralls 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 Ralls' effective property tax rate to other counties in Texas and the national median. For comparison, the 79357 zip code has the highest median property tax rate of 2.20%, while the lowest median tax rate is also 2.20%. Understanding how these cities compare with Ralls provides valuable insights into the varying tax landscape across Crosby County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ralls Tax Rate
2.20%
Average Crosby County Tax Rate
2.27%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ralls, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79357 | 1.30% | 1.62% | 2.20% | 2.27% | 2.27% |
Source: Ownwell
Property Tax Assessment Values Across Ralls, Texas
In Ralls, 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 Crosby 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 Ralls, 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. For example, the median home price in Ralls is $59,055, with tax bills ranging from $593 at the 25th percentile to $2,638 at the 90th percentile. The zip code with the highest and lowest median tax bill is 79357, at $1,126. 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 Ralls helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Ralls Assessed Value
$59,055
Average Crosby County Assessed Value
$53,460
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ralls, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79357 | $11,404 | $32,368 | $59,055 | $97,472 | $145,171 |
Source: Ownwell
Property Tax Bills Across Ralls, Texas
Property tax bills in Ralls, located in Crosby County, TX, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county appraisal district, which evaluates the market value of the property. Homeowners in Ralls typically receive a tax bill that reflects this assessed value multiplied by the local tax rate. Several factors influence the tax bill, including the property's location, size, and any applicable exemptions. For instance, if the median home price in Ralls is $59,055, homeowners can expect varying tax bills. The 25th percentile tax bill is around $593, while the 75th percentile tax bill reaches approximately $1,830, and the 90th percentile tax bill can be as high as $2,638. These figures are compared to the national median property tax rate of 0.99%, indicating that the tax burden in Ralls can be quite variable. Understanding these factors helps homeowners in Ralls anticipate their property tax obligations and plan accordingly.
Average Ralls Tax Bill
$1,126
Average Crosby County Tax Bill
$1,091
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Ralls, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79357 | $197 | $593 | $1,126 | $1,830 | $2,638 |
Source: Ownwell