Brownsboro, Texas Property Taxes
The median property tax rate in Brownsboro, TX is 1.04%, slightly higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $161,229, the typical annual property tax bill in Brownsboro amounts to $1,428, which is below the national median of $2,690. Property taxes in Brownsboro are calculated based on the assessed value, which is often lower than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Brownsboro'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 Brownsboro or another part of Henderson County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Brownsboro, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.04%
Estimate Property Tax Bill
$1,677
$1,551
Ownwell’s Brownsboro Property Tax Bill Calculator is an invaluable tool for homeowners, real estate investors, or potential buyers looking to estimate their annual property taxes in Brownsboro. By simply entering your property's estimated assessed value, the calculator utilizes the median tax rate in Brownsboro to provide an accurate estimate of your property tax bill. This handy tool offers a clear understanding of potential tax liabilities, making financial planning easier. For those interested in more detailed insights, localized information on neighborhood trends is available by scrolling down. Your property’s assessed value, determined by the county for tax calculations, includes any applicable exemptions, ensuring a precise estimate.
Property Tax Rates Across Brownsboro, Texas
Property taxes in Brownsboro, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Brownsboro is 1.04%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Brownsboro set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brownsboro 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 Brownsboro's effective property tax rate to other counties in Texas and the national median. For comparison, the zip code 75756 has both the highest and lowest median property tax rate of 1.04%. Understanding how these cities compare with Brownsboro provides valuable insights into the varying tax landscape across Henderson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brownsboro Tax Rate
1.04%
Average Henderson County Tax Rate
1.40%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brownsboro, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75756 | 0.28% | 0.60% | 1.04% | 1.73% | 2.25% |
Source: Ownwell
Property Tax Assessment Values Across Brownsboro, Texas
In Brownsboro, 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 Henderson 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 Brownsboro, 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 Brownsboro helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 75756 at $1,428, while the lowest is also 75756 at $1,428.
Average Brownsboro Assessed Value
$161,229
Average Henderson County Assessed Value
$139,776
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brownsboro, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75756 | $21,215 | $66,299 | $161,229 | $325,117 | $505,587 |
Source: Ownwell
Property Tax Bills Across Brownsboro, Texas
In Brownsboro, located in Henderson County, TX, property tax bills are calculated based on the assessed value of a home and the local property tax rate. The median home price in Brownsboro is $161,229. To determine the tax bill, the assessed value of the property is multiplied by the local tax rate. This rate can vary, but it is essential to note that the national median property tax rate is 0.99%. Several factors influence the final tax bill, including the property's location, the local school district, and any applicable exemptions. For instance, the tax bill at the 25th percentile is $474, while at the 75th percentile, it rises to $3,290, and at the 90th percentile, it reaches $5,553. The highest median tax bill recorded in zip code 75756 is $1,428. These property taxes significantly impact homeowners, as they contribute to the funding of essential local services such as schools, infrastructure, and emergency services. Understanding these factors helps homeowners anticipate their annual tax obligations and manage their finances accordingly.
Average Brownsboro Tax Bill
$1,428
Average Henderson County Tax Bill
$1,470
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Brownsboro, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75756 | $149 | $474 | $1,428 | $3,290 | $5,553 |
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 | |
|---|---|
| Henderson Appraisal District | |
| Website | esearch.henderson-cad.org |