Rio Vista, Texas Property Taxes
The median property tax rate in Rio Vista, TX is 2.17%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Rio Vista at $109,882, the typical annual property tax bill reaches $2,537, just shy of the national median of $2,690. Property taxes in Rio Vista 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 Rio Vista'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 Rio Vista 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
Rio Vista, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.17%
Estimate Property Tax Bill
$2,384
$2,206
$1,148
Average Rio Vista, Texas Tax Savings
Ownwell’s Rio Vista Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Rio Vista with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rio Vista 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 Rio Vista. 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 Rio Vista, Texas
Property taxes in Rio Vista, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Rio Vista is 2.17%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Rio Vista set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rio Vista 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 Rio Vista's effective property tax rate to other counties in Texas and the national median. For comparison, the 76093 zip code has the highest median property tax rate of 2.17%, while the 76093 zip code has the lowest median tax rate of 2.17%. Understanding how these cities compare with Rio Vista provides valuable insights into the varying tax landscape across Johnson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Rio Vista Tax Rate
2.17%
Average Johnson County Tax Rate
2.20%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rio Vista, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76093 | 1.50% | 1.65% | 2.17% | 2.52% | 3.55% |
Source: Ownwell
$1,148
Average Rio Vista Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Rio Vista, Texas
In Rio Vista, 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 Johnson 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 Rio Vista, 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. The median home price in Rio Vista is $109,882, with tax bills ranging from $1,297 at the 25th percentile to $6,051 at the 90th percentile. Being aware of these valuation processes in Rio Vista helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Rio Vista Assessed Value
$109,882
Average Johnson County Assessed Value
$190,190
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Rio Vista, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76093 | $26,303 | $52,214 | $109,882 | $204,911 | $281,385 |
Source: Ownwell
$1,148
Average Rio Vista Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Rio Vista, Texas
In Rio Vista, Johnson County, TX, property tax bills are calculated based on the assessed value of your home, which is then multiplied by the local tax rate. The median home price in Rio Vista is $109,882, and property tax bills can vary widely, with the 25th percentile at $1,297 and the 75th percentile reaching $4,573. Several factors influence your tax bill, including the market value of your property, local tax rates, and any applicable exemptions or deductions. For instance, the highest median tax bill in the area is $2,537 in the 76093 zip code, which serves as a benchmark for comparison. High property taxes can significantly impact homeowners, often leading to financial strain. This is where Ownwell steps in. By leveraging expert knowledge and a thorough understanding of local tax laws, Ownwell can help homeowners appeal their property assessments and identify potential exemptions, ultimately reducing their tax burden. Partner with Ownwell to ensure you're not overpaying on your property taxes.
Average Rio Vista Tax Bill
$2,537
Average Johnson County Tax Bill
$4,339
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Rio Vista, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76093 | $572 | $1,297 | $2,537 | $4,573 | $6,051 |
Source: Ownwell
$1,148
Average Rio Vista Tax Savings
Save on your property taxes & more with 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 | |
|---|---|
| Johnson Appraisal District | |
| Website | esearch.johnsoncad.com |
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