Warren, Texas Property Taxes
The median property tax rate in Warren, TX is 0.33%, significantly lower than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Warren at $115,954, the typical annual property tax bill amounts to $413, well below the national median of $2,690. Property taxes in Warren 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 Warren'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 Warren 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
Warren, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.33%
Estimate Property Tax Bill
$383
$354
Ownwell’s Warren Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Warren with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Warren 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 Warren, Texas
Property taxes in Warren, Texas, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Warren is 1.25%, significantly higher than both the Texas state median of 0.81% and the U.S. national median of 0.99%. Local government entities within Warren set these rates annually, and they can vary significantly across different neighborhoods. Each year, Warren 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 Warren's effective property tax rate to other counties in Texas and the national median. For comparison, the highest median property tax rate in the county is 1.75%, while the lowest median tax rate is 0.50%. Understanding how these cities compare with Warren 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 Warren Tax Rate
0.33%
Average Hardin County Tax Rate
1.51%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Warren, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77664 | 0.13% | 0.21% | 0.33% | 0.44% | 0.55% |
Source: Ownwell
Property Tax Assessment Values Across Warren, Texas
In Warren, 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 Warren, 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 Warren helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the highest median tax bill is $413 in zip code 77664, while the lowest median tax bill is also $413 in the same zip code.
Average Warren Assessed Value
$115,954
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 Warren, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77664 | $35,864 | $84,432 | $115,954 | $172,444 | $218,900 |
Source: Ownwell
Property Tax Bills Across Warren, Texas
Property tax bills in Warren, TX, are determined based on the assessed value of a property, which is typically a percentage of its market value. The local tax rate is then applied to this assessed value to calculate the annual tax bill. Factors such as the property's location, size, and condition can influence its assessed value. For homeowners in Warren, the median home price is $115,954. The property tax bill can vary significantly, with the 25th percentile at $152 and the 75th percentile reaching $480. At the 90th percentile, homeowners might see a tax bill as high as $604. These variations can significantly impact household budgets, making it essential for homeowners to understand how their property is assessed and taxed. The median property tax rate in Warren is notably lower than the national median of 0.99%, providing some financial relief to homeowners in the area. However, understanding the nuances of property tax calculations can help homeowners manage their expenses more effectively.
Average Warren Tax Bill
$413
Average Hardin County Tax Bill
$1,156
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Warren, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77664 | $101 | $152 | $413 | $480 | $604 |
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 |