Sullivan City, Texas Property Taxes
The median property tax rate in Sullivan City, TX is 1.65%, slightly lower than the Texas state median of 1.67% but still higher than the national median of 0.99%. With the median home value in Sullivan City at $88,254, the typical annual property tax bill reaches $1,265, which is notably below the national median of $2,690. Property taxes in Sullivan City are calculated based on the tax assessed value, often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Sullivan 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 Sullivan City 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
Sullivan City, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
$2,192
$1,148
Average Sullivan City, Texas Tax Savings
Ownwell’s Sullivan City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sullivan City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sullivan 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 Sullivan 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 Sullivan City, Texas
Property taxes in Sullivan City, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sullivan City is 1.65%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Sullivan City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sullivan 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 Sullivan City's effective property tax rate to other counties in Texas and the national median. For comparison, the 78595 zip code has the highest median property tax rate of 1.65%, while the 78595 zip code has the lowest median tax rate of 1.65%. Understanding how these cities compare with Sullivan City provides valuable insights into the varying tax landscape across Hidalgo County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Sullivan City Tax Rate
1.65%
Average Hidalgo County Tax Rate
1.72%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sullivan City, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78595 | 0.63% | 1.01% | 1.65% | 2.23% | 2.42% |
Source: Ownwell
$1,148
Average Sullivan City Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Sullivan City, Texas
In Sullivan 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 Hidalgo 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 Sullivan 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. Being aware of these valuation processes in Sullivan City helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 78595 has the highest and lowest median tax bill, both at $1,265.
Average Sullivan City Assessed Value
$88,254
Average Hidalgo County Assessed Value
$133,156
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sullivan City, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78595 | $44,476 | $61,734 | $88,254 | $118,988 | $163,968 |
Source: Ownwell
$1,148
Average Sullivan City Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Sullivan City, Texas
In Sullivan City, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the Hidalgo County Appraisal District. The median home price in Sullivan City is $88,254, and property tax rates are applied to this assessed value to calculate the tax bill. The national median property tax rate is 0.99%, but local rates can vary. Factors such as property location, market conditions, and any exemptions or deductions can influence the final tax bill. Homeowners in Sullivan City can expect tax bills ranging from $780 at the 25th percentile to $2,970 at the 90th percentile, with a median tax bill of $1,265. Ownwell can help homeowners in Sullivan City save on their property tax bills by providing expert property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies or opportunities for exemptions, Ownwell ensures that homeowners pay only their fair share of property taxes, potentially saving them hundreds or even thousands of dollars annually.
Average Sullivan City Tax Bill
$1,265
Average Hidalgo County Tax Bill
$1,928
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Sullivan City, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78595 | $449 | $780 | $1,265 | $2,051 | $2,970 |
Source: Ownwell
$1,148
Average Sullivan City 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 | |
|---|---|
| Hidalgo Appraisal District | |
| Phone | (956) 381-8466 |
| Website | esearch.hidalgoad.org |
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