Glenn Heights, Texas Property Taxes
The median property tax rate in Glenn Heights, TX is 1.11%, slightly higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $328,477, the typical annual property tax bill in Glenn Heights is around $3,765, surpassing the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions such as those for primary residences and agricultural land. Understanding Glenn Heights' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Glenn Heights or another part of the city, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Glenn Heights, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.11%
Estimate Property Tax Bill
$3,646
$3,374
$1,148
Average Glenn Heights, Texas Tax Savings
Ownwell’s Glenn Heights Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Glenn Heights with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Glenn Heights 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 Glenn Heights. 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 Glenn Heights, Texas
Property taxes in Glenn Heights, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Glenn Heights is 1.11%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Glenn Heights set these rates annually, and they can vary significantly across different neighborhoods. Each year, Glenn Heights 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 Glenn Heights' effective property tax rate to other counties in Texas and the national median. For comparison, the 75154 zip code has the highest median property tax rate of 1.11%, while the same zip code also has the lowest median tax rate of 1.11%. Understanding how these cities compare with Glenn Heights provides valuable insights into the varying tax landscape across Ellis County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Glenn Heights Tax Rate
1.11%
Average Ellis County Tax Rate
1.33%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Glenn Heights, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75154 | 0.75% | 0.99% | 1.11% | 1.37% | 1.44% |
Source: Ownwell
$1,148
Average Glenn Heights Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Glenn Heights, Texas
In Glenn Heights, 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 Ellis 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 Glenn Heights, 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. The median home price in Glenn Heights is $328,477, with tax bills ranging from $3,031 at the 25th percentile to $5,120 at the 90th percentile. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Glenn Heights Assessed Value
$328,477
Average Ellis County Assessed Value
$332,264
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Glenn Heights, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75154 | $178,962 | $270,743 | $328,477 | $373,191 | $421,416 |
Source: Ownwell
$1,148
Average Glenn Heights Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Glenn Heights, Texas
In Glenn Heights, Ellis County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local appraisal district. With a median home price of $328,477, homeowners can expect their tax bills to vary significantly. For instance, the 25th percentile tax bill is around $3,031, while the 75th percentile reaches up to $4,489, and the 90th percentile can go as high as $5,120. These figures highlight the variability in tax obligations, influenced by factors such as property size, location, and market conditions. Homeowners in Glenn Heights face property tax rates that can be substantial, especially when compared to the national median property tax rate of 0.99%. This financial burden can be alleviated with the help of Ownwell, which specializes in property tax appeal and exemption services. By leveraging expert knowledge and local market insights, Ownwell can help homeowners contest over-assessed property values, potentially leading to significant savings on their annual tax bills.
Average Glenn Heights Tax Bill
$3,765
Average Ellis County Tax Bill
$4,181
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Glenn Heights, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75154 | $1,939 | $3,031 | $3,765 | $4,489 | $5,120 |
Source: Ownwell
$1,148
Average Glenn Heights 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 | |
---|---|
Ellis Appraisal District | |
Phone | (972) 825-5150 |
Website | www.elliscad.com |
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