Horizon City, Texas Property Taxes
The median property tax rate in Horizon City, TX is 2.13%, significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Horizon City at $230,351, the typical annual property tax bill reaches $4,952, far exceeding the national median of $2,690. Property taxes in Horizon City 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 Horizon City'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 Horizon City or another part of El Paso County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Horizon City, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.13%
Estimate Property Tax Bill
$4,906
$4,540
$1,148
Average Horizon City, Texas Tax Savings
Ownwell’s Horizon City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Horizon City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Horizon City 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 Horizon City. 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 Horizon City, Texas
Property taxes in Horizon City, Texas, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Horizon City stands at 2.13%, which is significantly higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Horizon City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Horizon City estimates its required budget to maintain services for the upcoming fiscal year and 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 Horizon City's effective property tax rate to other counties in Texas and the national median. For comparison, the zip code 79928 has the highest median property tax rate of 2.13%, while zip code 79836 has the lowest median tax rate of 1.56%. Understanding how these cities compare with Horizon City provides valuable insights into the varying tax landscape across El Paso County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Horizon City Tax Rate
2.13%
Average El Paso County Tax Rate
1.98%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Horizon City, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79836 | 1.56% | 1.56% | 1.56% | 1.56% | 1.56% |
| 79928 | 1.53% | 1.86% | 2.13% | 2.47% | 2.80% |
Source: Ownwell
$1,148
Average Horizon City Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Horizon City, Texas
In Horizon City, 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 El Paso 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 Horizon City, 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 Horizon City 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 79928 at $4,952, while the lowest is 79836 at $619.
Average Horizon City Assessed Value
$230,351
Average El Paso County Assessed Value
$183,860
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Horizon City, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79836 | $39,692 | $39,692 | $39,692 | $39,692 | $39,692 |
| 79928 | $156,383 | $187,482 | $230,377 | $281,335 | $359,686 |
Source: Ownwell
$1,148
Average Horizon City Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Horizon City, Texas
In Horizon City, El Paso County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property size, location, and market conditions influence the assessed value. For homeowners, this means that changes in the real estate market or improvements to their property can significantly impact their tax bills. For example, homeowners in Horizon City can face tax bills ranging from $3,744 at the 25th percentile to $7,651 at the 90th percentile. Ownwell helps homeowners reduce their property tax bills by providing expert property tax appeal and exemption services. By analyzing local market trends and property assessments, Ownwell identifies discrepancies and files appeals on behalf of homeowners. This can lead to significant savings, ensuring that homeowners are not overpaying on their property taxes. With Ownwell's expertise, homeowners can achieve fair tax assessments and potentially lower their annual tax obligations.
Average Horizon City Tax Bill
$4,952
Average El Paso County Tax Bill
$3,416
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Horizon City, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79836 | $619 | $619 | $619 | $619 | $619 |
| 79928 | $2,439 | $3,745 | $4,952 | $6,124 | $7,651 |
Source: Ownwell
$1,148
Average Horizon City 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 | |
|---|---|
| El Paso Appraisal District | |
| Phone | (915) 780-2000 |
| Website | epcad.org |
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