Calliham, Texas Property Taxes
The median property tax rate in Calliham, TX is 1.59%, which is notably higher than the national median of 0.99% but slightly below the Texas state median of 1.67%. With a median home value of $45,496 in Calliham, the typical annual property tax bill amounts to $513, significantly lower than the national median of $2,690. Property taxes in Calliham are determined based on the tax assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural use. Gaining a thorough understanding of Calliham's property tax system, exploring available exemptions, and identifying potential reductions can result in substantial annual savings. Whether you reside in Calliham or another part of McMullen County, familiarizing yourself with the local property tax framework will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Calliham, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
Ownwell’s Calliham Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Calliham with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Calliham 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 Calliham, Texas
Property taxes in Calliham, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Calliham is 1.59%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Calliham set these rates annually, and they can vary significantly across different neighborhoods. Each year, Calliham 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 Calliham's effective property tax rate to other counties in Texas and the national median. For comparison, the 78007 zip code has the highest median property tax rate of 1.59%, while also having the lowest median tax rate of 1.59%. Understanding how these cities compare with Calliham provides valuable insights into the varying tax landscape across McMullen County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Calliham Tax Rate
1.59%
Average Mcmullen County Tax Rate
1.12%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Calliham, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78007 | 0.42% | 0.66% | 1.59% | 1.59% | 1.59% |
Source: Ownwell
Property Tax Assessment Values Across Calliham, Texas
In Calliham, 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 McMullen 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 Calliham, 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 Calliham helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Calliham are both $513, found in the 78007 zip code.
Average Calliham Assessed Value
$45,496
Average Mcmullen County Assessed Value
$44,782
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Calliham, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78007 | $11,876 | $21,888 | $45,496 | $92,758 | $124,402 |
Source: Ownwell
Property Tax Bills Across Calliham, Texas
In Calliham, located in McMullen County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county appraisal district and reflects the market value of the property. Homeowners in Calliham can expect a median home price of $45,496. The property tax rate is applied to this assessed value to determine the annual tax bill. Several factors influence the final tax bill, including the property's location, improvements made, and any applicable exemptions. For example, tax bills in Calliham can range significantly, with the 25th percentile at $262 and the 75th percentile at $961. At the higher end, the 90th percentile tax bill can reach $1,492. For homeowners, understanding these factors is crucial as they directly impact annual expenses. Comparatively, Calliham's property tax rates may be more favorable than the national median property tax rate of 0.99%, potentially making it a more attractive place for property investment.
Average Calliham Tax Bill
$513
Average Mcmullen County Tax Bill
$465
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Calliham, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78007 | $132 | $262 | $513 | $961 | $1,492 |
Source: Ownwell