Deer Park, Texas Property Taxes
The median property tax rate in Deer Park, TX is 1.67%, which matches the Texas state median but is significantly higher than the national median of 0.99%. With a median home value of $234,162, the typical annual property tax bill in Deer Park reaches $3,661, far exceeding the national median of $2,690. Property taxes in Deer Park are calculated based on the assessed value, which is often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Deer Park'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 Deer Park 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
Deer Park, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,911
$3,618
$1,148
Average Deer Park, Texas Tax Savings
Ownwell’s Deer Park Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Deer Park with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Deer Park 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 Deer Park. 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 Deer Park, Texas
Property taxes in Deer Park, Texas, are essential for funding key local services such as public schools, road maintenance, and emergency services. The median tax rate in Deer Park is 1.67%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Deer Park set these rates annually, and they can vary significantly across different neighborhoods. Each year, Deer Park 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 Deer Park's effective property tax rate to other counties in Texas and the national median. For comparison, the 77536 zip code has the highest median property tax rate of 1.67%, while the 77536 zip code also has the lowest median tax rate of 1.67%. Understanding how these cities compare with Deer Park provides valuable insights into the varying tax landscape across Harris County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Deer Park Tax Rate
1.67%
Average Harris County Tax Rate
1.78%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Deer Park, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77536 | 0.35% | 0.86% | 1.67% | 1.97% | 2.69% |
Source: Ownwell
$1,148
Average Deer Park Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Deer Park, Texas
In Deer Park, 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 Harris 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 Deer Park, 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. For instance, the median home price in Deer Park is $234,162, with tax bills ranging from $1,817 at the 25th percentile to $6,437 at the 90th percentile. The highest and lowest median tax bills are both found in the 77536 zip code, at $3,661. 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 Deer Park helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Deer Park Assessed Value
$234,162
Average Harris County Assessed Value
$240,543
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Deer Park, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77536 | $156,286 | $202,810 | $234,162 | $291,236 | $367,617 |
Source: Ownwell
$1,148
Average Deer Park Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Deer Park, Texas
In Deer Park, property tax bills are calculated based on the assessed value of a home, which is determined by the Harris County Appraisal District. The assessed value is then multiplied by the local tax rate to determine the tax bill. Factors such as the median home price of $234,162 and the specific tax rates in the area influence the final amount. Homeowners in Deer Park can expect tax bills ranging from the 25th percentile at $1,817 to the 90th percentile at $6,437, with the highest median tax bill being $3,661 in zip code 77536. These property taxes directly impact homeowners by affecting their annual expenses and overall financial planning. Ownwell can help homeowners in Deer Park save on their property tax bills by providing expert property tax appeal and exemption services. By identifying discrepancies in assessed values and leveraging local tax laws, Ownwell helps ensure homeowners are not overpaying. This can lead to significant savings and peace of mind for property owners.
Average Deer Park Tax Bill
$3,661
Average Harris County Tax Bill
$4,078
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Deer Park, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77536 | $632 | $1,817 | $3,661 | $4,966 | $6,437 |
Source: Ownwell
$1,148
Average Deer Park Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 20 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | November 30 |
| Due Date #2 | June 30 |
Links | |
|---|---|
| Harris Appraisal District | |
| Phone | (713) 957-7800 |
| Website | hcad.org |
Save money on your property taxes with Ownwell.
Enter your address.
With just your address Ownwell will analyze your property expenses to find you savings using real time market data, local expertise and AI.
Answer some questions.
The more we know about your property, the more we can save you. There's no up-front costs, it's risk-free to sign up. Only pay if you save!
Unlock your savings.
We gather evidence, file all documentation, and attend hearings on your behalf year after year, so you never overpay again.