Sundown, Texas Property Taxes
The median property tax rate in Sundown, TX is 2.39%, significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Sundown at $58,840, the typical annual property tax bill reaches $1,324, which is below the national median of $2,690. Property taxes in Sundown are determined 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 Sundown'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 Sundown 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
Sundown, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.39%
Estimate Property Tax Bill
$1,406
$1,301
Ownwell’s Sundown Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, or potential buyers to estimate their annual property taxes in Sundown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sundown 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 Sundown, Texas
Property taxes in Sundown, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sundown is 2.39%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Sundown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sundown 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 Sundown's effective property tax rate to other counties in Texas and the national median. For comparison, the 79372 zip code has the highest median property tax rate of 2.39%, while the same zip code also has the lowest median tax rate of 2.39%. Understanding how these cities compare with Sundown provides valuable insights into the varying tax landscape across Hockley County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Sundown Tax Rate
2.39%
Average Hockley County Tax Rate
2.18%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sundown, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79372 | 1.58% | 2.24% | 2.39% | 2.39% | 2.39% |
Source: Ownwell
Property Tax Assessment Values Across Sundown, Texas
In Sundown, 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 Hockley 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 Sundown, 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. With a median home price of $58,840, the tax bills can vary significantly. For example, the 25th percentile tax bill is $367, while the 75th percentile tax bill is $2,614, and the 90th percentile tax bill reaches $3,640. The zip code 79372 has the highest and lowest median tax bill of $1,324. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Sundown Assessed Value
$58,840
Average Hockley County Assessed Value
$75,980
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sundown, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79372 | $2,874 | $17,360 | $58,840 | $116,560 | $160,192 |
Source: Ownwell
Property Tax Bills Across Sundown, Texas
In Sundown, located in Hockley County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Sundown, the median home price is $58,840. Property tax bills can vary significantly, with the 25th percentile at $367 and the 75th percentile reaching $2,614. At the 90th percentile, homeowners might see tax bills as high as $3,640. These property tax bills are influenced by factors such as the property's location, size, and market value. Compared to the national median property tax rate of 0.99%, Sundown's property tax rates can result in relatively moderate to higher tax bills for some homeowners. Understanding these factors helps homeowners anticipate their annual expenses and plan accordingly, ensuring they are prepared for their financial obligations.
Average Sundown Tax Bill
$1,324
Average Hockley County Tax Bill
$1,490
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Sundown, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79372 | $59 | $367 | $1,324 | $2,614 | $3,640 |
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 | |
|---|---|
| Hockley Appraisal District | |
| Website | propaccess.trueautomation.com |