Moulton, Texas Property Taxes
The median property tax rate in Moulton, TX is 1.71%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Moulton at $130,825, the typical annual property tax bill reaches $1,953, which is below the national median of $2,690. Property taxes in Moulton are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Moulton'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 Moulton or another part of Lavaca County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Moulton, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.71%
Estimate Property Tax Bill
$2,237
$2,070
Ownwell’s Moulton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Moulton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Moulton 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 Moulton, Texas
Property taxes in Moulton, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Moulton is 1.71%, higher than both the Texas state median of 1.66% and the U.S. national median of 0.99%. Local government entities within Moulton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Moulton 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 Moulton's effective property tax rate to other counties in Texas and the national median. For comparison, the 77975 zip code has the highest median property tax rate of 1.71%, while the 77975 zip code has the lowest median tax rate of 1.71%. Understanding how these cities compare with Moulton provides valuable insights into the varying tax landscape across Lavaca County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Moulton Tax Rate
1.71%
Average Lavaca County Tax Rate
1.39%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Moulton, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77975 | 0.42% | 1.07% | 1.71% | 1.91% | 1.91% |
Source: Ownwell
Property Tax Assessment Values Across Moulton, Texas
In Moulton, 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 Lavaca 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 Moulton, 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 Moulton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Moulton is $130,825, with tax bills ranging from $1,159 at the 25th percentile to $4,502 at the 90th percentile. The highest and lowest median tax bills in the area are both $1,953, found in zip code 77975.
Average Moulton Assessed Value
$130,825
Average Lavaca County Assessed Value
$161,748
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Moulton, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77975 | $29,601 | $69,812 | $130,825 | $264,689 | $577,950 |
Source: Ownwell
Property Tax Bills Across Moulton, Texas
Property tax bills in Moulton, located in Lavaca County, TX, are determined by assessing the value of a property and applying the local tax rate to this assessed value. The assessed value is generally a percentage of the property's market value, which is determined by the county appraisal district. For homeowners in Moulton, the median home price is $130,825. The property tax rate is then applied to this assessed value to calculate the annual tax bill. Several factors influence the final tax bill, including the property's assessed value, local tax rates, and any applicable exemptions. Homeowners can expect tax bills to vary significantly; for instance, the 25th percentile tax bill is $1,159, while the 75th percentile tax bill reaches $3,116. The 90th percentile tax bill can be as high as $4,502. Compared to the national median property tax rate of 0.99%, Moulton's property tax rates can be a substantial financial consideration for homeowners, impacting their annual budgeting and long-term financial planning.
Average Moulton Tax Bill
$1,953
Average Lavaca County Tax Bill
$2,167
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Moulton, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77975 | $546 | $1,159 | $1,953 | $3,116 | $4,502 |
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 | |
|---|---|
| Lavaca Appraisal District | |
| Website | propaccess.trueautomation.com |