Gober, Texas Property Taxes
The median property tax rate in Gober, TX is 1.41%, which is higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Gober at $90,470, the typical annual property tax bill reaches $1,087, still below the national median of $2,690. Property taxes in Gober are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Gober'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 Gober 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
Gober, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.41%
Estimate Property Tax Bill
$1,276
$1,180
Ownwell’s Gober Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Gober with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Gober 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 Gober, Texas
Property taxes in Gober, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Gober is 1.41%, higher than both the Texas state median of 1.80% and the U.S. national median of 0.99%. Local government entities within Gober set these rates annually, and they can vary significantly across different neighborhoods. Each year, Gober 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 Gober's effective property tax rate to other counties in Texas and the national median. For comparison, the 75443 zip code has the highest median property tax rate of 1.41%, while the 75443 zip code has the lowest median tax rate of 1.41%. Understanding how these cities compare with Gober provides valuable insights into the varying tax landscape across Fannin County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Gober Tax Rate
1.41%
Average Fannin County Tax Rate
1.33%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Gober, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75443 | 0.73% | 0.97% | 1.41% | 1.41% | 1.41% |
Source: Ownwell
Property Tax Assessment Values Across Gober, Texas
In Gober, 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 Fannin 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 Gober, 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 Gober helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code with the highest median tax bill in Gober is 75443, with a tax bill of $1087.
Average Gober Assessed Value
$90,470
Average Fannin County Assessed Value
$196,430
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Gober, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75443 | $30,292 | $50,445 | $90,470 | $300,405 | $508,952 |
Source: Ownwell
Property Tax Bills Across Gober, Texas
In Gober, located in Fannin County, TX, property tax bills are calculated based on the assessed value of your home. The assessed value is determined by the local tax assessor and is a percentage of the market value of the property. This assessed value is then multiplied by the tax rate set by the local taxing authorities. For instance, with a median home price of $90,470, homeowners might see tax bills ranging from $695 at the 25th percentile to $4,194 at the 90th percentile. The highest median tax bill in the area is $1,087, indicating some variability based on specific property assessments and applicable exemptions. These taxes fund essential local services such as schools, infrastructure, and emergency services. Homeowners in Gober must stay informed about their property’s assessed value and the local tax rate to anticipate their annual tax obligations. Comparing this to the national median property tax rate of 0.99%, Gober's tax rates can significantly impact household budgets, making it crucial for homeowners to understand how their tax bills are determined.
Average Gober Tax Bill
$1,087
Average Fannin County Tax Bill
$2,400
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Gober, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75443 | $412 | $695 | $1,087 | $2,946 | $4,194 |
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 | |
|---|---|
| Fannin Appraisal District | |
| Website | esearch.fannincad.org |