Strawn, Texas Property Taxes
The median property tax rate in Strawn, TX is 1.35%, notably higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $201,270 in Strawn, the typical annual property tax bill amounts to $2,479, which is below the national median of $2,690. Property taxes in Strawn are calculated based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Strawn'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 Strawn or another part of Eastland County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Strawn, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.35%
Estimate Property Tax Bill
$2,717
$2,514
Ownwell’s Strawn Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Strawn with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Strawn 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 Strawn, Texas
Property taxes in Strawn, Texas, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Strawn is 1.35%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Strawn set these rates annually, and they can vary significantly across different neighborhoods. Each year, Strawn 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 Strawn's effective property tax rate to other counties in Texas and the national median. For comparison, the 76475 zip code has both the highest and lowest median property tax rate of 1.35%. Understanding how these cities compare with Strawn provides valuable insights into the varying tax landscape across Eastland County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Strawn Tax Rate
1.35%
Average Eastland County Tax Rate
1.80%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Strawn, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76475 | 0.49% | 0.81% | 1.35% | 1.38% | 1.38% |
Source: Ownwell
Property Tax Assessment Values Across Strawn, Texas
In Strawn, 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 Eastland 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 Strawn, 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 Strawn helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Strawn is $2,479 in the 76475 zip code, which is also the lowest median tax bill.
Average Strawn Assessed Value
$201,270
Average Eastland County Assessed Value
$83,990
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Strawn, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76475 | $110,009 | $123,575 | $201,270 | $432,505 | $586,696 |
Source: Ownwell
Property Tax Bills Across Strawn, Texas
In Strawn, Eastland County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the county appraisal district. The median home price in Strawn is $201,270. To calculate the tax bill, the assessed value is multiplied by the local property tax rate. Various factors influence the assessed value, including property size, location, and market conditions. Homeowners in Strawn can expect their tax bills to vary significantly. For instance, the 25th percentile tax bill is $1,519, while the 75th percentile tax bill reaches $2,816. At the higher end, the 90th percentile tax bill is $3,774. These figures reflect the range of property values and the impact of local tax rates. Compared to the national median property tax rate of 0.99%, Strawn's rates can be more or less burdensome depending on the specific assessed value and applicable exemptions. Homeowners need to be aware of these variables as they can significantly affect their annual financial obligations.
Average Strawn Tax Bill
$2,479
Average Eastland County Tax Bill
$1,311
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Strawn, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76475 | $1,364 | $1,519 | $2,479 | $2,816 | $3,774 |
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 | |
|---|---|
| Eastland Appraisal District | |
| Website | www.eastlandcad.org |