Avery, Texas Property Taxes
The median property tax rate in Avery, TX is 1.33%, which is notably higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $102,128 in Avery, the typical annual property tax bill comes to $1,107, falling below the national median of $2,690. Property taxes in Avery are calculated based on the assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Navigating Avery's property tax system, understanding the available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're located in Avery or another part of Red River County, a clear grasp of the local property tax system is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
Avery, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.33%
Estimate Property Tax Bill
$1,358
$1,257
Ownwell’s Avery Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Avery with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Avery 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 Avery, Texas
Property taxes in Avery, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Avery is 1.33%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Avery set these rates annually, and they can vary significantly across different neighborhoods. Each year, Avery 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 Avery's effective property tax rate to other counties in Texas and the national median. For comparison, the 75554 zip code has the highest median property tax rate of 1.33%, while the 75554 zip code also has the lowest median tax rate of 1.33%. Understanding how these cities compare with Avery provides valuable insights into the varying tax landscape across Red River County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Avery Tax Rate
1.33%
Average Red River County Tax Rate
1.66%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Avery, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75554 | 0.48% | 0.85% | 1.33% | 1.53% | 1.77% |
Source: Ownwell
Property Tax Assessment Values Across Avery, Texas
In Avery, 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 Red River 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 Avery, 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 Avery is $102,128, with tax bills ranging from $440 at the 25th percentile to $3,114 at the 90th percentile. The highest and lowest median tax bills are both $1,107, found in zip code 75554. Being aware of these valuation processes in Avery helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Avery Assessed Value
$102,128
Average Red River County Assessed Value
$92,290
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Avery, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75554 | $14,061 | $40,326 | $102,128 | $207,949 | $352,934 |
Source: Ownwell
Property Tax Bills Across Avery, Texas
In Avery, located in Red River County, TX, property tax bills are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county's appraisal district and reflects the property's market value. Homeowners in Avery can expect varying tax bills depending on the value of their homes. For instance, the tax bill at the 25th percentile is approximately $440, while those at the 75th and 90th percentiles are around $2,104 and $3,114, respectively. The local tax rate in Avery, like other parts of Texas, is a significant factor in determining the final tax bill. With the national median property tax rate at 0.99%, homeowners in Avery may find their tax rates competitive depending on the assessed value of their property. These taxes fund essential public services, including schools, infrastructure, and emergency services, directly impacting the community's quality of life. Understanding these factors helps homeowners plan their finances and anticipate their annual tax obligations.
Average Avery Tax Bill
$1,107
Average Red River County Tax Bill
$1,273
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Avery, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75554 | $170 | $440 | $1,107 | $2,104 | $3,114 |
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 | |
|---|---|
| Red River Appraisal District | |
| Website | rrcad.org |