Saratoga, Texas Property Taxes
The median property tax rate in Saratoga, TX is 1.19%, which is higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $51,361 in Saratoga, the typical annual property tax bill amounts to $453, significantly below the national median of $2,690. Property taxes in Saratoga are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Saratoga's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Saratoga or another part of Hardin County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Saratoga, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
Ownwell’s Saratoga Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Saratoga with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saratoga to provide an accurate estimate of your property tax bill. This invaluable tool offers insights into potential tax liabilities, enabling better financial planning. For those interested in more detailed trends at the neighborhood level, additional localized information is available. Your property’s assessed value is determined by Hardin County for tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Saratoga, Texas
Property taxes in Saratoga, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saratoga is 1.19%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Saratoga set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saratoga 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 Saratoga's effective property tax rate to other counties in Texas and the national median. For comparison, the 77585 zip code has the highest median property tax rate of 1.19%, while the 77585 zip code also has the lowest median tax rate of 1.19%. Understanding how these cities compare with Saratoga provides valuable insights into the varying tax landscape across Hardin County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Saratoga Tax Rate
1.19%
Average Hardin County Tax Rate
1.51%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saratoga, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77585 | 0.20% | 0.47% | 1.19% | 1.66% | 1.66% |
Source: Ownwell
Property Tax Assessment Values Across Saratoga, Texas
In Saratoga, 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 Hardin 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 Saratoga, 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. Saratoga's median home price is $51,361, with tax bills ranging significantly. The 25th percentile tax bill is $147, while the 75th percentile is $987, and the 90th percentile is $1,807. The zip code 77585 has the highest and lowest median tax bill at $453. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Saratoga Assessed Value
$51,361
Average Hardin County Assessed Value
$101,546
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Saratoga, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77585 | $8,189 | $24,696 | $51,361 | $102,108 | $168,614 |
Source: Ownwell
Property Tax Bills Across Saratoga, Texas
In Saratoga, Hardin County, TX, property tax bills are determined based on the assessed value of a home, which is derived from the market value. Homeowners in Saratoga can expect their tax bills to vary significantly depending on the assessed value and applicable tax rates. The median home price in the area is $51,361, and the property tax rate is applied to this value to calculate the annual tax bill. Factors such as property location, improvements, and exemptions can influence the final tax amount. For instance, the 25th percentile tax bill is around $147, while the 75th percentile tax bill reaches $987. At the higher end, the 90th percentile tax bill can be as much as $1,807. Comparatively, the median tax bill in the region's highest and lowest zip code is $453. These tax rates and bills have a direct impact on homeowners, affecting their annual financial planning and overall cost of homeownership. Understanding these factors can help homeowners better anticipate and manage their property tax obligations.
Average Saratoga Tax Bill
$453
Average Hardin County Tax Bill
$1,156
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Saratoga, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77585 | $61 | $147 | $453 | $987 | $1,807 |
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 | |
|---|---|
| Hardin Appraisal District | |
| Website | esearch.hardin-cad.org |