Ellinger, Texas Property Taxes
The median property tax rate in Ellinger, TX is 1.24%, considerably higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Ellinger at $107,130, the typical annual property tax bill reaches $1,012, which is below the national median of $2,690. Property taxes in Ellinger 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 Ellinger'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 Ellinger or another part of Fayette County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ellinger, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.24%
Estimate Property Tax Bill
$1,328
$1,229
Ownwell’s Ellinger Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ellinger with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ellinger 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 Ellinger, Texas
Property taxes in Ellinger, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ellinger is 1.24%, higher than both the Texas state median of 1.80% and the U.S. national median of 0.99%. Local government entities within Ellinger set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ellinger 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 Ellinger's effective property tax rate to other counties in Texas and the national median. For comparison, the 78938 zip code has the highest median property tax rate of 1.24%, while the 78938 zip code has the lowest median tax rate of 1.24%. Understanding how these cities compare with Ellinger provides valuable insights into the varying tax landscape across Fayette County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ellinger Tax Rate
1.24%
Average Fayette County Tax Rate
1.14%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ellinger, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78938 | 0.70% | 0.85% | 1.24% | 1.24% | 1.24% |
Source: Ownwell
Property Tax Assessment Values Across Ellinger, Texas
In Ellinger, 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 Fayette 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 Ellinger, 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. The median home price in Ellinger is $107,130, with the 25th percentile tax bill at $410 and the 75th percentile at $1,929. Interestingly, the highest and lowest median tax bills are both $1,012, found in the 78938 zip code. By understanding 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 Ellinger helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Ellinger Assessed Value
$107,130
Average Fayette County Assessed Value
$251,650
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ellinger, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78938 | $19,478 | $42,155 | $107,130 | $211,250 | $448,268 |
Source: Ownwell
Property Tax Bills Across Ellinger, Texas
In Ellinger, located in Fayette County, TX, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local tax assessor and reflects the market value of the property. Homeowners in Ellinger can expect their tax bills to be influenced by various factors, including the market value of their home, any applicable exemptions, and the local tax rate. The median home price in Ellinger is $107,130, which serves as a baseline for calculating property taxes. For example, homeowners at the 25th percentile pay around $410 annually, while those at the 75th percentile see bills closer to $1,929. At the 90th percentile, tax bills can reach up to $3,271. Compared to the national median property tax rate of 0.99%, Ellinger's tax rates can vary significantly, impacting homeowners differently based on their property's assessed value. Understanding these factors can help homeowners better anticipate their annual property tax obligations.
Average Ellinger Tax Bill
$1,012
Average Fayette County Tax Bill
$2,303
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Ellinger, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78938 | $204 | $410 | $1,012 | $1,929 | $3,271 |
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 | |
|---|---|
| Fayette Appraisal District | |
| Website | esearch.fayettecad.org |