Missouri City, Texas Property Taxes
The median property tax rate in Missouri City, TX is 1.81%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Missouri City at $332,480, the typical annual property tax bill reaches $6,013, exceeding the national median of $2,690. Property taxes in Missouri City 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 Missouri 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 Missouri City or another part of Fort Bend County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Missouri City, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.81%
Estimate Property Tax Bill
$6,018
-$63,067
$1,148
Average Missouri City, Texas Tax Savings
Ownwell’s Missouri City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Missouri City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Missouri 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 Missouri 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 Missouri City, Texas
Property taxes in Missouri City, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Missouri City is 1.81%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Missouri City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Missouri City 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 Missouri City's effective property tax rate to other counties in Texas and the national median. For comparison, the 77459 ZIP code has the highest median property tax rate of 1.86%, while the 77489 ZIP code has the lowest median tax rate of 1.52%. Understanding how these cities compare with Missouri City provides valuable insights into the varying tax landscape across Fort Bend County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Missouri City Tax Rate
1.81%
Average Fort Bend County Tax Rate
1.70%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Missouri City, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77459 | N/A | N/A | N/A | N/A | N/A |
77459 | 1.25% | 1.63% | 1.86% | 2.18% | 2.44% |
77489 | N/A | N/A | N/A | N/A | N/A |
77489 | 0.49% | 1.01% | 1.52% | 1.95% | 2.24% |
Source: Ownwell
$1,148
Average Missouri City Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Missouri City, Texas
In Missouri 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 Fort Bend 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 Missouri 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. Missouri City has a median home price of $332,480. The highest median tax bill is $7,413 in zip code 77459, while the lowest median tax bill is $3,641 in zip code 77489. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Missouri City Assessed Value
$332,480
Average Fort Bend County Assessed Value
$370,984
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Missouri City, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77459 | N/A | N/A | N/A | N/A | N/A |
77459 | $263,138 | $316,770 | $389,775 | $508,168 | $689,893 |
77489 | N/A | N/A | N/A | N/A | N/A |
77489 | $195,344 | $214,888 | $237,576 | $265,957 | $300,955 |
Source: Ownwell
$1,148
Average Missouri City Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Missouri City, Texas
In Missouri City, located in Fort Bend County, TX, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local appraisal district and is typically a percentage of the market value. Homeowners in Missouri City face property tax bills that can vary significantly, with the 25th percentile at $3,983 and the 75th percentile at $8,673. The highest median tax bill in the area reaches $7,413 in the 77459 zip code, while the lowest is $3,641 in the 77489 zip code. These figures are notably higher than the national median property tax rate of 0.99%, highlighting the importance of managing property taxes effectively. Ownwell provides a valuable service to homeowners by offering property tax appeal and exemption services. By leveraging their expertise, homeowners can potentially lower their assessed property values, leading to reduced tax bills. This can result in significant savings, providing financial relief and ensuring that homeowners only pay their fair share.
Average Missouri City Tax Bill
$6,013
Average Fort Bend County Tax Bill
$6,331
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Missouri City, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77459 | N/A | N/A | N/A | N/A | N/A |
77459 | $3,837 | $5,412 | $7,413 | $10,016 | $13,644 |
77489 | N/A | N/A | N/A | N/A | N/A |
77489 | $1,099 | $2,277 | $3,641 | $4,802 | $5,782 |
Source: Ownwell
$1,148
Average Missouri 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 | |
---|---|
Fort Bend Appraisal District | |
Phone | (281) 344-8623 |
Website | esearch.fbcad.org |
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